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East Asia and Pacific

How can the Philippines achieve its ambitious vision of becoming a country free of poverty?

Rong Qian's picture

The Philippines’ economy has been booming since 2010, growing over 6% per year on average. The country is one of the top performers in the East Asia Pacific region, and its impressive economic performance is reflected in the towering skylines, luxurious condos, and huge shopping malls of Makati and Bonifacio Global City, the financial centers of Metro Manila. However, the country still has over 20% of the population living below national and international poverty line. Old jeepneys, the most popular means of transportation, carrying a massive number of commuters to and from expanding swathes of blighted areas portrait perfectly this contrast. My personal observation was quickly confirmed by the graph below.
 

How much will the Belt and Road Initiative reduce trade costs?

Michele Ruta's picture
The Belt and Road Initiative (BRI) is a development strategy proposed by China to improve cooperation on a trans-continental scale. The range of projects and activities that will be part of the BRI is very wide, including policy coordination, infrastructure, trade and investment, financial and people-to-people exchanges. But a key goal of the Initiative is to boost connectivity and reduce trade costs through new and improved transport infrastructure projects.
 

Managing floods for inclusive and resilient development in Metro Manila

Joop Stoutjesdijk's picture

Editor's Note: 
The global water crisis is a crisis of too much, too polluted and too little. At the World Bank, our job is to find and implement solutions to tackle this crisis. In the “Water Solutions” blog series, you’ll read about World Bank-supported projects in different countries which demonstrated solutions to the world’s most pressing water issues, to fulfill our vision for a water-secure world.


It is rainy season again in the Philippines, and typhoons and tropical storms are hitting the country again at regular intervals.  The worst such event this year so far in Metro Manila occurred the weekend of August 11-12, when Tropical Storm Karding (international name Yagi) brought excessive monsoon rains and submerged large areas of Metro Manila, forcing tens of thousands of people to evacuation centers.  It was not just the rains that caused the severe flooding as solid waste was equally to blame.  Many waterways and drains are clogged with solid waste, which does not allow water to freely flow to outlets and pumping stations.          

Foreign investment growth in the Belt and Road economies

Maggie Xiaoyang Chen's picture
A major objective of the Belt and Road Initiative (BRI) is to reduce the time and cost it takes to transport goods and people across BRI economies. Many of these countries face serious gaps in infrastructure, especially related to trade and investment.
 
Traveling on a rural highway in Kazakhstan. PhotoCredit: Kubat Sydykov / World Bank 

Target: Southeast Asia 4.0

Victoria Kwakwa's picture


Digital lifestyles, cashless societies, app-based businesses, “smart” nations, virtual services – there is a tremendous amount of excitement in Southeast Asia now about the growth of the digital economy.

The region is a hotspot for digital development, and it already leads the world in some indicators, such as Internet and social media use.

Six corridors of integration: Connectivity along the overland corridors of the Belt and Road Initiative

Charles Kunaka's picture
The six land corridors that are the “Belt” part of the Belt and Road Initiative (BRI) connect more than sixty countries, a number that keeps growing as more and more countries join. However, even as the initiative progresses, there are still open questions as to what each participating country will gain from the initiative.
 

Taxing the digital economy in Malaysia: How do we balance growth with sustainability?

Richard Record's picture
 bigstock/szefei
As the digital economy gears up to be the new driver of development in Malaysia, tax policy will need to keep pace with the country’s ambitions towards increased digitalization. Photo: bigstock/szefe



Malaysia wants the digital economy to play a central role in the next chapter of the country’s development—that much is clear. However, what may be less clear is why taxation should be part of the policy mix that will help deliver the country’s digital economy ambitions. This is important because taxes raise the cost of doing business rather than reducing it.

Where to go for information on access to information

Jim Anderson's picture
Photo: World Bank

I get stirred up by all types of governance data, so in honor of the International Day for Universal Access to Information, I though I’d highlight a few efforts to measure access to information. Information on access to information, if you will.

Here’s what everyone should know about waste

Ede Ijjasz-Vasquez's picture



Solid waste management is a universal issue that affects every single person in the world.

As you can see in our new report, What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050, if we don’t manage waste properly, it can harm our health, our environment, and even our prosperity.

Poorly managed waste is contaminating the world’s oceans, clogging drains and causing flooding, transmitting diseases, increasing respiratory problems from burning, harming animals that consume waste unknowingly, and affecting economic development such as through tourism.

Without urgent action, these issues will only get worse. Here’s what everyone should know.

 

The economic case for investing in road safety

Dipan Bose's picture

Despite considerable progress in traffic enforcement and medical care, the road crash mortality rate in Thailand remains rather high and has been increasing since 2009. More than 24,000 people lose their lives on the road every year, and traffic injuries are a major public health burden for the country. The human toll and individual loss caused by this epidemic are clearly exposed by the media, and many organizations are actively advocating solutions for this important public concern.


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