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This blog highlights recent working papers from around the World Bank Group published from May 16 to May 31 on various topics, including migration, public-private partnerships (PPPs), vaccine…
By putting people at the center, Lesotho’s Department of National ID and Civil Registry (NICR) in the Ministry of Home Affairs is laying a solid foundation for a simpler, more efficient government…
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…
Over the past five years, we have seen the emergence of a number of eGovernment applications and platforms in East Africa, leveraging the growth of internet and smartphone penetration to improve…
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…