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East Asia and Pacific

Safeguarding Indonesia’s development from increasing disaster risks

Jian Vun's picture
Also available in: Bahasa Indonesia
New settlements in Sleman district post-eruption of Mt. Merapi.

Imagine that you live near one of 127 active volcanoes in Indonesia, threatened by the next eruption that could endanger your family. Imagine that your house stands in one of the most seismically-active zones in the world, or that your family lives in one of the 317 districts with high risks of flooding. This is a reality that at least 110 million Indonesians already face, and more could be affected due to the impacts of urbanization, climate change and land subsidence.

The country is known as having a ‘supermarket’ of disaster hazards. Over the past twenty years alone, the Indonesian government recorded over 24,000 disaster events that caused 190,500 fatalities, displaced almost 37 million people, and damaged over 4.3 million houses. The combined losses of these disasters totaled almost $28 billion, or around 0.3% of national GDP annually.

Fighting HIV effectively, efficiently in Malaysia

Sutayut Osornprasop's picture
A man taking methadone, a synthetic opioid drug that treats heroin addition, at a voluntary treatment center for people who inject drugs in Kuala Lumpur. (Photo: Sutayut Osornprasop/World Bank)

Working in public health brings me close to the stories of brave patients and dedicated medical staff. Very often we also conduct quantitative and qualitative assessments of case studies. In recent years, our work in Malaysia engages a public health concern that has gripped the world – HIV. Our findings have given us hope of winning the fight against the disease.

A Catalyst for Green Financing in Indonesia

Philippe H. Le Houérou's picture

It is an unfortunate but fact of life that Indonesia often deals with the impacts of natural disasters. It was sadly evident again this week when I arrived in Jakarta to the unfolding disaster caused by the earthquake in Lombok, West Nusa Tenggara. My condolences go out to the families and friends of those who lost their lives.

While scientists are reluctant to say a specific natural disaster is caused by climate change, they say a changing climate is resulting in more extreme events around the world. That’s why at International Finance Corporation (IFC), the largest global organization working with the private sector in emerging markets, finding new avenues for climate financing is a key priority.

Green bonds offer a pathway. The world is witnessing a rapid growth in green bonds, dramatically increasing the flow of capital to green projects and bringing new financiers into the climate smart investment space.

Сэтгэлийн хат болон хувь хүний ур чадварыг тив дамнан хөгжүүлэх нь

Rentsenkhand “Handaa” Enkh-Amgalan's picture
Also available in: English | Français
©2014 David Waldorf/World Bank  
Жаахан хүүхэд байхдаа би хэдэн жилийн туршид Улаанбаатар хотын захад байрлах тариалангийн талбайд ах эгчтэйгээ хүнсний ногоо тарихад нь ээждээ тусалж өссөн. Өдөр шөнийг үл харгалзан намрын бүтэн ургацын төлөө хичээнгүйлэн ажиллах ээжийгээ хараад би хөгжиж буй оронд эмэгтэй агрономич байх ямар их сорил байхын зэрэгцээгээр ямар агуу үр шимтэй ажил болохыг ойлгосон. Дөрвөн хүүхдээ өсгөж хүмүүжүүлж гэрийн ажлаа зохицуулахын зэрэгцээгээр ээж маань Монголын эрс тэс уур амьсгал болоод талбайн тонуул, хэрэглээний багж, хөдөө аж ахуйн үйлчилгээний дутагдмал байдал зэрэг ямар ч саадтай нүүр тулсан бууж өгөлгүй тэмцсээр ирсэн.

Mengapa pembangunan Malaysia perlu disingkap di sebalik angka purata

Richard Record's picture
Also available in: English
Sedang Malaysia menghampiri status negara berpendapatan tinggi, ia perlu peka akan aspek pembangunan yang lebih luas tetapi tidak tercakup dalam angka pertumbuhan GDP.
Foto: Getty Images/Anadolu Agency

Malaysia sebuah negara yang cukup cemerlang bersandarkan pelbagai ukuran pencapaiannya, begitu menurut Growth Commission, yang mengetengahkan Malaysia sebagai antara ekonomi paling pantas membangun di dunia. Malaysia telah beralih daripada sebuah ekonomi berpendapatan rendah dan berorientasikan pertanian kepada ekonomi moden yang berteraskan perdagangan, malah bakal mencecah status ekonomi berpendapatan tinggi dalam hanya beberapa tahun saja lagi. Dari sudut pandangan kasar pakar ekonomi, rata-rata menganggap Malaysia sedang pesat membangun. Pertumbuhan tercatat tinggi, yakni pada 5.9% tahun lepas dengan unjuran setinggi 5.4% tahun ini, sedangkan inflasi pula rendah, iaitu hanya 1.8% setakat Mei 2018. Pendapatan juga tercatat tinggi, bahkan bakal melepasi nilai AS$12,055 yang menandakan Malaysia telah berjaya keluar daripada perangkap status pendapatan sederhana.


Wanli Fang's picture
Also available in: English



Why it’s important to look beyond averages when it comes to Malaysia’s development

Richard Record's picture
Also available in: Bahasa Melayu
As Malaysia moves closer towards achieving high-income country status, it is important to be aware of the broader aspects of development that are not captured by GDP growth. 
(Photo: Getty Images/Anadolu Agency)

Malaysia is a remarkable country by many metrics, highlighted by the Growth Commission as one of the world’s fastest growing economies. It has transformed itself from a low-income, agriculture-oriented economy, to a modern, trade-oriented one that is on the cusp of reaching high-income status within the next few years. To most economists, especially those looking from the outside, Malaysia appears to be doing very well. Growth is strong, at 5.9% last year and projected at 5.4% this year. Inflation is low, at just 1.8% in May 2018, and incomes are high, approaching the magic US$12,055 threshold that marks an exit from the middle-income status that so many see as a trap.

Deploying disruptive technologies to reshape the future of cities

Wanli Fang's picture
Also available in: 中文

As an urban dweller in Beijing, a rapidly modernizing city, my daily life would look like a science-fiction movie for people from just a few decades ago. I use my mobile phone to buy groceries, pay for meals, take photos, access the subway, and find my way to unknown places.

GICA’s V2P2P: A helping hand in overcoming the challenges of developing connectivity infrastructure

Yin Yin Lam's picture

The task of preparing a viable, feasible, and sustainable infrastructure project can be a daunting one filled with many challenges. Throw in the need to incorporate an element of connectivity and the challenges only multiply in number and complexity. Indeed, during the annual meeting of the Global Infrastructure Connectivity Alliance (GICA), held in January 2018 at the OECD headquarters in Paris, GICA members identified several of these challenges, including the need to share best practices, ensure robust project preparation, and address the financing gap.
While multilateral development banks (MDBs) and international financial institutions (IFIs)—including GICA members Asian Infrastructure Investment Bank (AIIB), Eurasian Development Bank (EDB), Asian Development Bank (ADB), and the World Bank Group (WBG)—have the experience and financial or analytical tools to help, actually finding or accessing these resources can be difficult.
Is there a way to bridge this knowledge gap?