The World Bank releases its Worldwide Governance Indicators, providing information on corruption, rule of law, and other indicators of stability on countries around the world.
- WGI page
- According to a new World Bank report, climate change could drive more than 100 million people into poverty by 2030 largely due to difficulties producing crops.
- The World Bank estimates that 9.6 percent of the world's population is living in extreme poverty this year, down from 12.8% in 2012. The bank also updated its global poverty line from $1.25 per day to $1.90 per day to reflect inflation and changes in purchasing power around the world; it was last adjusted in 2008.
- The World Bank urges the People's Republic of China to undertake financial reforms to keep economic growth on track.
- The World Bank states that the Philippines can end poverty in a single generation.
- India has become the world's third-largest economy in purchasing power parity after the United States and China, moving ahead of Japan according to World Bank report. The last survey in 2005 had placed India in 10th place.
- The World Bank says that the economies affected by the Great Recession are starting to recover.
- The World Bank offers a US$500 million loan to the Philippines.
- Jim Yong Kim is selected as President of the World Bank.
- U.S. President Barack Obama nominates current President of Dartmouth College Jim Yong Kim to be head of the World Bank.
- The World Bank announces plans to select a new President to replace Robert Zoellick when his term expires in June.