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World Bank

When Communities Identify Their Own Poor, Aid Has The Most Effect

By asking peers to decide who deserves the most government aid--instead of using empirical measurements--money can have more lasting effects.READ»

The First Bank of Blizzard: Are Virtual Currencies The Next Safe Havens?

Now that a major online role-playing company has effectively created a functioning market for in-game currencies, gold farming is going to become a viable part of the global economy.READ»

Lighting Africa Illuminates A New Market

An innovative program aims to light up off-the-grid Africa by boosting supply and demand for portable solar lamps.READ»

Root Capital Makes Money By Investing Where Wall Street Won't: Poor, Rural Farmers

Investing in sectors that most business people find too risky, this firm is finding that the returns from helping small businesses in the developing world can be more than simply charity.READ»

Why Social Impact Investing Is A Crock

A new breed of do-gooders wants to apply rigorous analysis to development programs. But are they getting any useful information, or just wasting money collecting meaningless data?READ»

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Obama Facebook Friends Zuck Bunch In Palo Alto, iPhone Tracking Movement, Social Media In College Admissions, And More...

The Fast Company reader's essential source for breaking news and innovation from around the web--updated all day.READ»

Gates, USAID, World Bank Invest $50 Million to Save At-Risk Mothers

Saving Lives at Birth aims to propel innovation forward to save at-risk pregnant women in remote parts of the world. READ»

World Bank Gets Into Eco Tourism With Elephant-Friendly Mozambique Hotel

The World Bank today announced a $3 million investment to create jobs and boost sustainable conservation through a community-conceived ecotourist resort.READ»

Hope Neighbor Is Wising Up Your Irrational Donation Strategy

Ever had the feeling you weren't making your donations wisely? Hope Neighbor has been there. That's why the nonprofit and banking veteran launched the first in-depth research into how carelessly we give money to charity--and how to create better opportunities for impact investing.READ»

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The Peace People: Trust Boosts Entrepreneurs in Troubled Countries, Nabs Global Prize

Peace Dividend is one of three to take the People's Choice Award for its game-changing approach to foreign aid in Afghanistan and Haiti.READ»

Private Sector Solicited by New World Bank Conservation Fund

In line with the latest conservation recommendations, the private sector is becoming increasingly involved in conservation efforts.READ»

South and Southeast Asia to Get Massive Infrastructure Investments

InfraCo Asia is setting its sights on the smaller but collectively powerful Asian nations to invest in hydro, wind, transportation, and other infrastructure projects.READ»

Middle East Gets an Infrastructure Boost From the World Bank

The World Bank and the Islamic Development Bank have partnered up to address emerging markets left out of the oil boom.READ»

Want to Build the World Bank's New App? Here's How

The World Bank is embracing digital openness in a big way: It's just revamped its APIs for public access to its treasure trove of financial data. The aim is to make data available to help developing countries. READ»

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Managing Data in the Pakistan Flood Crisis

When numbers get washed away, everything falls apart.READ»

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iFive: BP's Hayward Sails Into PR Storm, Facebook Movie Poster, World Cup Red Cards, Wimbledon Begins, Red Sea Redemption

While you were sleeping, innovation was limbering up for a competitive game of tennis, lobbing balls over the net, rather than into the back of it.1. So Tony Hayward went sailing into yet another PR storm. Meanwhile, an oil worker on ...READ»

Infographic of the Day: Here's the Keys to the World Bank's Data Vault

Thousands of datasets--which used to cost thousands of dollars to access--are now free and easily browsable on the Web.READ»

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Update: The Resurgence of Rwanda

Rwanda, whose grand attempt at renaissance we chronicled last April ("Rwanda Rising"), hit two milestones in recent months. First, the World Bank named it the No. 1 reformer in its Doing Business 2010 report, recognizing the steps the ...READ»

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Senegal's Plan to Fight Climate Change: A "Great Green Wall"

What the developing world needs to fight climate change is good governance.READ»