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 of integrated regulation and supervision,
|Talking to some of the students, many of which are preparing for the college entrance examination.|
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 quake. The steep slopes of the mountains
|At the 700 year-old Er'wang Temple in the Dujiangyan World Heritage Site.|
Checking out Mongabay.com, I came across a very cool application of Google Earth to see the levels of deforestation across the world, including short data sheets per country. So you can quickly see that Malaysia has lost over 6% of its forest cover between 1990 and 2005 (according to different data sources), while China has increased its own by 25% over the same period of time.
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 officials and institutions acquire and exerci
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.