More: World Bank

East Asia and Pacific Growth Expected to Moderate as Global Headwinds Persist

Growth in developing East Asia and the Pacific (EAP) is projected to soften to 6.0 percent in 2019 and 2020, down from 6.3 percent in...

Polish Economy to Slow Slightly, Fiscal Deficit to Grow

Poland’s economic growth rate is projected to slow to 4.0% in 2019, down from over 5.0% in 2018, according to the World Bank’s latest Economic Update...

Market Competition Key to Create More and Better Jobs in the Philippines

Fostering fair market competition in key sectors including electricity, telecommunications, and transport, can improve services and generate higher-paying jobs in the Philippines, accelerating poverty reduction, according to...

Increased Exports in India Can Improve Jobs, Raise Wages

Increasing exports can lead to better jobs and higher wages in India, including more formal jobs for youth and women. Labor market policies can help different...

Navigating Sri Lanka’s Demographic Change

The latest edition of the World Bank’s Sri Lanka Development Update (SLDU) finds the island in a challenging macroeconomic landscape. The post-conflict high growth...

Slower Growth, Better Prospects for Papua New Guinea Economy

To facilitate broad-based and inclusive growth in Papua New Guinea (PNG), increasing the quality of human capital through better education and health services and...

Gendered Languages May Play a Role in Limiting Women’s Opportunities

In many developing countries, women face significant barriers to their equal participation in society. While some of these barriers are easy to see, a...

Azerbaijan: Human Capital Forum Helps the Country Orient Itself for the Future

Recognizing the key role of human capital in growth and competitiveness, the Government of Azerbaijan and World Bank Group organized a three-day, high-level Human...

Private capital is key to Vietnam’s future energy development

The changing macroeconomic and sectoral context in Vietnam requires a new approach to financing electricity and gas investments, a new World Bank Group report...

Tajikistan: Towards the Next Level of Development

Today, Tajikistan finds itself at a juncture, where—with the right decisions taken—it could step onto a path of rapid socio-economic development, dynamic rates of...

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Iran War Disrupts Hormuz Oil Flow and Raises Questions Over Petrodollar Dominance

The ongoing conflict involving Iran and disruptions in the...

Global Companies Face $25 Billion Hit as Iran War Drives Energy Shock and Supply Chain Crisis

The ongoing conflict involving Iran has created a major...

China Economic Growth Slows as Retail Sales and Factory Output Weaken in April

China experienced a noticeable slowdown in economic momentum at...

Australia AI Budget Push Faces Questions Over Startup Incentives and Real Productivity Gains

The latest federal budget in Australia has once again...

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