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April 2016

Strengthening Lao PDR’s financial system by making room for failure

José de Luna-Martínez's picture


 

To function properly, a financial system needs to have two doors in place: an “entry” and an “exit”. The first one enables qualified local or foreign institutions to enter the marketplace to provide innovative products and services – such as savings, investments, credits, payments and insurance – to households and firms at competitive prices. The second facilitates the rapid and orderly dissolution of those financial intermediaries that are not able to survive competition, manage risks properly, or comply with rules and regulations.

Vietnam: Brightening people’s lives through integrated healthcare in a hydropower project

Sang Minh Le's picture
Also available in: Tiếng Việt
Vietnam: A Healthier Project Is a Brighter Project

On a spring morning in 2016, Mrs. Dinh Thi Son of the Thai ethnic minority group brought her two month old baby to the Trung Son Hydropower Project construction site for medical services. Why go to a construction site? Because it has a health center that’s fully equipped with medical devices, well stocked with medicines, an ambulance, and doctors and nurses who provide healthcare services 24/7 for workers and local people alike.