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East Asian economies to grow by 8 percent in 2011 and 2012

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Singapore, March 21, 2011 – According to the World Bank’s twice-yearly economic update on the East Asia and Pacific region, real GDP growth in East Asia will settle to about 8 percent in 2011 and 2012 from about 9.6 percent in 2010. Growth in the region was surprisingly strong and broad based, with six countries in developing East Asia growing by 7 percent or more in 2010.

Global Preferential Trade Agreement Database (GPTAD)

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The World Bank International Trade Department is pleased to announce the launch of the Global Preferential Trade Agreement Database (GPTAD).

The GPTAD provides information on preferential trade agreements (PTAs) around the world, including agreements that have not been notified to the World Trade Organization (WTO). It is designed to help trade policy makers, scholars, and business operators better understand and navigate the world of PTAs.

The Changing Wealth of Nations: Measuring Sustainable Development for the New Millennium released

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Close to one third of the wealth of low-income countries comes from their “natural capital” which includes forests, protected areas, agricultural lands, energy and minerals, according to a new World Bank book launched on January 20, 2011. Countries that manage these natural assets carefully are able to move up the development ladder – investing more and more in manufactured capital, infrastructure and “intangible capital” like human skills and education, strong institutions, innovation and new technologies.

Global Economic Prospects 2011: Navigating Strong Currents released

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The world economy is moving from a post-crisis bounce-back phase of the recovery to slower but still solid growth this year and next, with developing countries contributing almost half of global growth. This is according to the World Bank’s latest Global Economic Prospects 2011, a twice-yearly report examines growth trends for the global economy and how they affect developing countries.

Mapping the Bank’s response to Haiti’s earthquake

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The World Bank Group’s response to Haiti’s earthquake can be seen through the recently completed Mapping For Results Haiti page (maps.worldbank.org/lac/haiti). This pilot website aims to visualize the location of World Bank projects and to provide access to information about indicators, sectors, funding and results. Currently, the Mapping For Results platform provides the geographic location of World Bank financed programs at the sub-national level and the ability to overlay disaggregated poverty and human development data (i.e.

World Bank joins initiative to open up health research data

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The World Bank has joined public and charitable funders in a new initiative to allow researchers and members of the scientific community to easily access public health data.

Much of the data collection that could improve public health research is expensive and time-consuming. Funders of this research believe that making research data sets available to investigators beyond the original research team in a timely and responsible manner, subject to appropriate safeguards, will generate three key benefits:

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