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World Development Indicators (WDI) is the World Bank’s premier compilation of international statistics on global development.Drawing from officially recognized sources and including national, regional, and global estimates, the WDI provides access to approximately 1,600 indicators for 217 economies, with some time series extending back more than 50 years.
Development economist Branko Milanović (writing for the World Bank), [3] development economist Morten Jerven, [5] [6] and billionaire philanthropist Bill Gates [7] have identified the Maddison Project, the Penn World Tables, and World Bank/IMF data (the World Development Indicators), as the three main sources of worldwide economic statistics such as GDP data, with the focus of the Maddison ...
The World Bank aspires to impact development by promoting open data and subsequently transparency, accountability, and democracy as the private sector is emphasized for its role. [12] Its compiled database, the World Development Indicators, contains 18 topics containing hundreds of statistics. [13]
The World Development Report (WDR) is an annual report published since 1978 by the World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development . Past reports have considered such topics as agriculture, youth, equity, public services delivery, the role of the state, transition economies , labour, infrastructure ...
Despite the above noted limitations and concerns recent econometric research looking at how reliable some of these indicators are, vis-a-vis data collected from natural experiments and other observational surveys, have actually concluded that the Good Governance Indicators do in fact seem to be measuring, albeit imperfectly, levels of corruption and government effectiveness. [9]
The platform also features up-to-date trade data at Subnational Geography, Continents, Countries, Provinces, Ports of Entry, and departments levels for numerous countries. This data, sourced from national agencies responsible for customs data collection, is available for over 25 countries, which collectively represent 85% of global trade.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. In the following table, WB figures shows net inflows of investment to the reporting economy from the rest of the world. Data are in current U.S. dollars." [1]