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East Asia and Pacific

Trade Linkages Among Belt and Road Economies: Three Facts and One Prediction

Michele Ruta's picture
A key objective of the Belt and Road Initiative (BRI) is to promote international trade among participating economies. As a first step to understanding how the BRI will transform trade flows, we need to look at the existing commercial relationships. A recent paper by the WBG studies the evolution of trade and production linkages of the economies along the Belt and Road. Here is what we know so far.

Migration and remittances can speed up Asia’s development. Here’s how

Mayumi Ozaki's picture
Globally, an estimated 266 million people live and work outside their countries of origin (Source: Migration and Development Brief 29) to seek opportunities provided by economic globalization. About one-third of them are from Asia and the Pacific.

Asian migrant workers tend to be semi- or low-skilled. They usually migrate to countries such as the US, high-income OECD countries, the Middle East, or middle- or upper-income countries within the region. 
 

What are business aspirations worth in developing countries?

Bilal Zia's picture

Small-scale entrepreneurship is widespread in developing countries, yet very few of these entrepreneurs are successful in growing their businesses beyond initial levels. Many constraints play a role, including financial, technical, and informational barriers. Yet, even when these barriers are lifted in experimental studies, we do not see the type of growth one would expect if these constraints were truly binding. In addition, many of the interventions studied, especially those targeting managerial and informational barriers, often suffer from low program take-up.

Initial findings from the implementation of the 'Practical Guide for Measuring Retail Payment Costs'

Holti Banka's picture

MoMo Tap in Côte d'Ivoire
In November 2016, we published the “Practical Guide for Measuring Retail Payment Costs”, an innovative methodology that can be customized to country needs and circumstances, without losing the international comparative dimension.

The guide enables countries to measure the costs associated with retail payment instruments, based on survey data, for the payment end users, payment service/infrastructure providers, and the total economy. The guide also enables countries to derive projected savings in shifting from the more costly to the less costly payment instruments.
 

What Super Typhoon Yolanda in the Philippines told us about building back better

Ede Ijjasz-Vasquez's picture
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The Philippines is increasingly exposed and vulnerable to natural hazards.
 
Typhoon Yolanda (Haiyan), which struck the country in 2013, was considered one of the strongest tropical storms ever to make landfall (at 380 kilometer / hour wind gusts). It caused over 6,300 fatalities and affected 1,472,251 families in 171 cities and municipalities across the 14 provinces in 6 regions. Total damage and loss was estimated at $12.9 billion (Reconstruction Assistance on Yolanda 2013).
 
The World Bank assessed the post-Yolanda rehabilitation and recovery efforts, and this has resulted in the following recommendations:

 

The 2018 Atlas of Sustainable Development Goals: an all-new visual guide to data and development

World Bank Data Team's picture
Download PDF (30Mb) / View Online

“The World Bank is one of the world’s largest producers of development data and research. But our responsibility does not stop with making these global public goods available; we need to make them understandable to a general audience.

When both the public and policy makers share an evidence-based view of the world, real advances in social and economic development, such as achieving the Sustainable Development Goals (SDGs), become possible.” - Shanta Devarajan

We’re pleased to release the 2018 Atlas of Sustainable Development Goals. With over 180 maps and charts, the new publication shows the progress societies are making towards the 17 SDGs.

It’s filled with annotated data visualizations, which can be reproducibly built from source code and data. You can view the SDG Atlas online, download the PDF publication (30Mb), and access the data and source code behind the figures.

This Atlas would not be possible without the efforts of statisticians and data scientists working in national and international agencies around the world. It is produced in collaboration with the professionals across the World Bank’s data and research groups, and our sectoral global practices.
 

Trends and analysis for the 17 SDGs

Building sustainable financing and resilient systems for health security in East Asia and the Pacific

Toomas Palu's picture

The East Asia and Pacific  region is vital to global pandemic preparedness. The region has been the epicenter of emerging and re-emerging infectious diseases. China and Southeast Asia alone accounted for approximately 90 percent of SARS cases and two-thirds of the human cases of avian influenza in the world. These outbreaks are driven by several socio-economic, demographic, environmental, and ecological factors, including close contact between humans and animals, encroachment with wildlife, high population density, rapid urbanization, high growth rates, and climate change.
 

Paving the Way for a Thriving Digital Economy in Indonesia

Petra Wiyakti Bodrogini's picture



Across the digital economy in Indonesia, both IT giants and smaller companies have the same complain: digital talents are hard to find. Obert Hoseanto, an Engagement Manager from Microsoft Indonesia, said the company recently contracted only five people for an internship program, out of a pool of hundreds of applicants.

But those applying for jobs are also struggling, with many realizing the difficulties of meeting the needs of their employers. Natali Ardianto is learning the ropes at tiket.com, a thriving start-up, “by doing”, he said. “Only 30% of the curriculum of my education was useful for the company I joined,” he explained.

A recent workshop held by the Coordinating Ministry of Economic Affairs and supported by the World Bank strived to develop a better understanding of this skills gap, by bringing in insights from the private sector, education experts, and global practitioners.

Wenchuan Earthquake, ten years on: Building back stronger

Yi Shi's picture
Photo:Mara Warwick/World Bank

It’s been ten years since the Wenchuan Earthquake struck China, leaving an everlasting scar on ravaged land, but also revealing the strong and unyielding will of the Chinese people.

Getting the basics right: How to manage civil servants in developing countries

Jan-Hinrik Meyer-Sahling's picture
Graphic: World Bank

Editor's note: This blog post is part of a series for the 'Bureaucracy Lab', a World Bank initiative to better understand the world's public officials.

Governments can only be effective if the people in government – that is its civil servants – are motivated and able to implement policy and services well. In many developing countries, this remains a remote aspiration. Corruption, lack of staff motivation and poor performance are both popular stereotypes and real-world facts. For many decades, international aid programmes have invested in civil service reform to change this reality. The track record of these reform programs has unfortunately been poor.


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