As they grow, countries need better transportation, energy, and communications networks. But how should a country go about prioritizing these investments? Are there synergies from coordinating them? Should they be done simultaneously or sequentially? Two recent World Bank studies focusing on Brazil, a country that has rolled out massive infrastructure investments over the past decades […]
For this year’s End Poverty Day, I want to highlight one of the most pressing issues we must address to truly reduce poverty: the need for accelerated electrification across Africa. Electricity access is more than flipping a switch, it is the foundation for sustainable development, powering the lives of millions and unlocking their potential. No […]
Electricity is the lifeline for a modern economy. At the same time, the power sector is the world’s main source of greenhouse gas emissions. Limiting the worst effects of a changing climate requires that the supply of clean electricity grows rapidly. This presents challenges as the power sector is technologically complex and requires costly infrastructure development. The […]
The Lao People’s Democratic Republic’s reliance on debt financing for the power sector has led to significant economic growth but also severe debt distress. Reforms should focus on improving sector governance, enhancing financial sustainability, and fostering clean energy access. Energy is at the heart of the Lao People’s Democratic Republic’s development vision. The country leveraged […]
