World Bank Group A to Z by World Bank Group;

World Bank Group A to Z by World Bank Group;

Author:World Bank Group;
Language: eng
Format: epub
Publisher: World Bank Publications


The Turkey Sustaining Shared Growth Development Policy Loan supports the country’s goal of continued socially and environmentally sustainable shared growth by improving business climate, enhancing transparency, boosting labor force participation, widening access to finance and deepening Turkey’s infrastructure reforms. © World Bank / Simone D. McCourtie (photographer). Permission required for reuse.

The WBG has a large and expanding menu of financial and analytical products and services in these areas, including fiscal and debt policy and sustainability; growth analytics and diversification opportunities; natural resource management; and subnational and spatial dimensions of growth, fiscal, and debt policy. This practice is responsible for 20 percent of recent World Bank commitments over the past two years. Almost all this financing is underpinned by cross-sectoral and structural policy programs that contribute to the long-term development of countries.

The Macroeconomics and Fiscal Management Global Practice is responsible for delivering analytical tools, training, and capacity building in the areas of fiscal management, macroeconomics, growth, and debt for Bank staff members and clients, as well as timely policy advice to support the following lines of work:

• Designing macrofiscal frameworks aligned with the goals of reducing extreme poverty and boosting sharing prosperity and grounded in economic, social, and environmental sustainability

• Fiscal and debt policy and sustainability, including on the effectiveness, efficiency, level, and composition of government spending

• Growth analytics and policies for starting, sustaining, and boosting growth

• Analyzing the impact of external shocks and developments on growth and the government fiscal position, including, for example, terms of trade, global crises, and longer-term issues such as population aging

In addition, the global practice contributes to the integration of policies for growth, poverty reduction, and shared prosperity.

IFC and MIGA contribute their expertise in matters relating to the private sector, particularly in supporting the growth of private businesses, trade, and environmental and social sustainability.



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