Women knit handicrafts for export at Everest Fashion Fair Craft in Lalitpur, Nepal. Photo: Peter Kapuscinski / World Bank The South Asian Free Trade Area (SAFTA) agreement has been in effect since…

Sanjay Kathuria, Nadeem Rizwan |

Matching sheer ingenuity with technological prowess, the Netherlands (pop: 17 millions; about the size of Haryana state in India) today is one of the world’s most agriculturally productive…

Priti Kumar, Fokke Fennema |

Building seawalls. Photo: Lauren Day/World Bank The first ever meeting of the Heads of Procurement of the Organization of Eastern Caribbean States (OECS) took place on June 20-21 in Barbados with…

Shaun Moss |

Second Annual Carbon Pricing Leadership Coalition High-Level Assembly. Photo: World Bank When the world united around the historic Paris climate agreement, in 2015, the message was clear: It’s…

Catherine McKenna, Feike Sijbesma |

It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…

Israel Mallett |

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,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

This blog is part of the series #OneSouthAsia exploring how South Asia can become a more integrated, thus more economically dynamic region. The blog series is a  lead up to the South Asia Economic…

Prabha Chandran |