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 |

With every calamity comes an opportunity: to rebound and rebuild stronger than before. The economies of Central Asia faced such an opportunity following the major economic shock they experienced…

Lilia Burunciuc |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

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 |

  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 |

During the four months that I have been based in Moscow, one truism about Russia has stood out for me: There is a hunger to know what “truly” goes on in the world’s largest country (by area) and…

Apurva Sanghi |