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East Asia entered the COVID-19 pandemic first and is likely to be the first region to recover. The region can turn this crisis to its long-term advantage by adopting bold and imaginative policies…
Closing Plenary of the Investor Forum. © World Bank “Private capital is often an important source of sustainable finance. Public finance alone may not be sufficient to meet the demands for…
© Dominic Chavez/Global Financing Facility [[tweetable]]Still today, in almost all societies around the world, women are less well-off than men.[[/tweetable]] Women are still paid less than men;…
Myanmar in 2012, when we started our financial sector engagement, and Myanmar today seem like two different worlds. Back then, sim cards cost close to US$500, visitors carried wads of crisp, new…
Available in Myanmar version
Understanding Macroeconomic Volatility: Part 5. Read parts 1-4 here
Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…
Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…
Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…
Globally, around 2 billion people do not use formal financial services. In Southeast Asia, there are 264 million adults who are still “unbanked”; many of them save their money under the mattress…