The IMF and World Bank are discussing possible financing aid for Azerbaijan to help it cope, the institutions said on Wednesday.» Read More
Bill Adams, senior international economist at PNC, outlines his expectations for the International Monetary Fund and World Bank meetings taking place this weekend in Washington.
The World Bank is failing to protect the poor and vulnerable people affected by the projects it funds says a new report.
Lower commodity prices and an expected interest rate hike in the U.S. present major risks to the developing world, Jim Yong Kim tells CNBC.
China is seeing its slowest growth in 6 years. Dr. Jim Yong Kim, World Bank Group President, shares his economic forecast for growth in Asia's economy.
Dr. Jim Yong Kim, World Bank Group President, discusses the threats to developing markets. He says low oil prices have contributed to lower commodity prices as a whole.
According to the 2014 Global Findex report, the world's "unbanked" population saw the fastest drop in countries like China and Sub-Saharan Africa, says Leora Klapper, leader, Global Findex Task Team at the World Bank.
The Asia Infrastructure Investment Bank is positioning itself as an Asia-centric alternative to the World Bank and International Monetary Fund.
Curtis Chin, Asia Fellow at Milken Institute and John Perkins, Author of "Confessions of an Economic Hit Man," explain why the U.S. should be involved with the Asian Infrastructure Investment Bank.
Russia, Australia and the Netherlands became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank.
China's Finance Ministry said on Saturday that the U.K. and Switzerland had been formally accepted as founding members of the Asian Infrastructure Investment Bank.
Global institutions, including the IMF and the World Bank, have endorsed a China-led international bank, despite opposition from the U.S.
Jim McCaughan, CEO of Principal Global Investors, says the Asian Infrastructure Investment Bank (AIIB) is part of a bigger plan to endorse the yuan as a global reserve currency.
Sri Mulyani Indrawati, managing director of the World Bank, says the need for infrastructure development in Asia is "very big" and institutions like the Asian Development Bank won't be able to able to fill the gap alone.
Declining oil prices, the U.S. energy revolution and changing relations with Cuba have created new opportunities for energy investment in the Caribbean.
Recommendations from the OECD may form the basis of a deal sought by Greece with euro zone finance ministers.
Low oil prices may increase economic growth by 15-20 percent this year, but some countries will still lose out, said the head of the World Bank.
Jim Yong Kim, World Bank president and 2015 WEF co-chair, talks about epidemics like Ebola and says that people need to be careful not to lose focus after it has peaked.
Jim Yong Kim, World Bank president and 2015 WEF co-chair, says he welcomes the prospect of quantitative easing in Europe, but adds that it should not encourage countries to slow down structural and economic reforms.
CNBC.com takes a look at the world's most difficult countries in which to do business, based on a report from the World Bank.
Laurence Brahm, Founder of the Himalayan Consensus Institute, discusses the emergence of a new financial framework that has spurred the integration of third world nations with its developed peers.