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June 2008

Will the current financial turmoil change the financial architecture in Asia?

James Seward's picture

It has been a long time since I’ve written, but the past two months have been quite hectic for us!  I just returned from China, where we were working with the capital market supervisor, and the issue of the financial sector regulatory architecture, or how market supervisors should be organized, was a topic of discussion.  In early June, there was a conference with all of the key financial supervisors on the topic

After the Sichuan earthquake: Where will people live?

Mara Warwick's picture

Approaching the mountains from the Chengdu plain along the main road to Beichuan County, red banners with large white characters expressing support for the earthquake victims and thanks to the rescuers, are strung across the road, as if creating an arbor for all to pass through.  Driving up this road doesn’t feel safe, even now, six weeks after the quak

Trickling governance work through sectors - forestry as an example

Deborah Perlman's picture

A significant feature of the Bank’s new Governance and Anticorruption (GAC) Strategy (pdf) is the emphasis on mainstreaming the focus on governance work into the sectors, such as health, education, and natural resource management.  Governance, which the strategy defines as “the manner in which public off

China’s economic slowdown—what to do?

Louis Kuijs's picture

The World Bank released the China Quarterly Update —of which I’m the lead author, full disclosure here-- today at a press launch in our Beijing office. The economic journalists noticed that the Bank’s projection for GDP growth in 2008 is now 9.8 percent, more than 2 percentage points lower than the outcome in 2007.

New World Trade Indicators database compares results in 210 countries and customs territories

Claudia Gabarain's picture

The World Bank released a couple of days ago a new interactive database on trade, the World Trade Indicators. It allows benchmarking and comparison among 210 countries and customs territories, and it includes multiple trade-related indicators.

New Bank report confirms East Asia remains robust amid global slowdown

Claudia Gabarain's picture

In 2008, growth in China, the rest of East Asia and the Pacific, and other developing regions together will fall from 7.8 percent to a still-strong 6.5 percent while their high-income trading partners like the United States slow to between 1 and 2 percent and import less.

NT2 - Compensating villagers for direct losses from the project

Nanda Gasparini's picture

As I made my way down route 13 last week I wondered how many times I had been to Nam Theun 2 since my first visit in October 2006. I’m certainly not one of the people that go there the most, and yet I could recall at least 20 visits.

The specialists who respond to disasters

Jim Adams's picture

Two massive natural disasters in two East Asian countries – Myanmar and China – over the past five weeks have brought home just how quickly and dramatically life and livelihoods can be destroyed. Our experts in natural disaster recovery and reconstruction know this only too well.

Hot passion, tigers --and shoe shops

Tony Whitten's picture

The Bank is full of hot passion.  Indeed we are expected to fight passionately in our work, and for a small group of us recently the subject of that passion has been tigers.  Passion in the World Bank makes for noisy meetings, adrenalin and angst.

Lessons from China for Africa - my take

David Dollar's picture

Thirty African officials visited China for 12 days in May on a pilot South-South knowledge exchange organized by the Chinese government with assistance from the World Bank.  My colleague, Phil Karp, has written about the program, including the study tour around China that he accompani

China-Africa learning on development -- lessons for and from all involved

Philip E. Karp's picture

I recently had the pleasure of accompanying a group of 15 senior officials from East and Southern Africa on a field visit to Guangxi Autonomous Region and Guangdong Province.  Prior to the field visit, the officials had spent three days in Beijing at a workshop on China’s development experience.

Picture the figures of the food crisis

Claudia Gabarain's picture

Using data from the Food and Agriculture Organization (FAO) and the OECD, BBC News online created some interesting graphics showing the impact of and factors in the current food crisis. They include a 30-year look at food commodity prices, US ethanol production, world population growth, changing eating habits, and demand for biofuels among others. Worth a look.