It is undeniable that progress has been made in reducing extreme poverty over the last quarter century—from 36 percent of the world population in 1990 to an estimated 8.6 percent in 2018—and that…

Philippe H. Le Houérou, Antoinette Sayeh |

Jobs and wage growth have been the most important driver of poverty reduction globally, and Central Asia. In Tajikistan, for example, it has cut poverty by about two-thirds since 2003. In…

Lilia Burunciuc |

Photo: SkyPics Studio/Shutterstock Data on the sharing economy (Uber, Airbnb and so on) are scarce, but a recent study estimates that the revenue growth of these platforms has been dramatic. In…

Hernan Winkler |

Editor’s Note: This guest blog is by Salah-Eddine Kandri, the Global Sector Lead for education at the International Finance Corporation (IFC).   According to a report from McKinsey, about 60…

Salah-Eddine Kandri |

A significant share of Tajikistan’s workforce works outside the country. Photo: Gennadiy Ratushenko / World Bank My colleague Victoria and I had an opportunity recently to meet with students at…

Mohamed Ihsan Ajwad, Victoria Strokova |

A significant share of Tajikistan’s workforce works outside the country. Photo: Gennadiy Ratushenko / World Bank My colleague Victoria and I had an opportunity recently to meet with students at…

Mohamed Ihsan Ajwad, Victoria Strokova |

Also available in: 中文 ​While the need for housing is widespread, individually people have different needs—depending on whether they are single, married, senior citizens, families with children, or…

Luis Triveno, Ellen Hamilton |

  Enforcing labor laws can impact firms' hiring decisions. Photo: Tomislav Georgiev / World Bank "Writing laws is easy, but governing is difficult, " wrote Leo Tolstoy in War and…

Alvaro Gonzalez, Siddharth Sharma, Hari Subhash |

In my first blog on Moldova’s pension system, I discussed challenges and reform options. My second one focused on the incentives to contribute into that pension system. Now, in this third blog, I…

Yuliya Smolyar |