[[tweetable]]Economic progress in East Asia and Pacific (EAP) has greatly contributed to the global reduction of extreme poverty. The more prosperous countries in the region – China, Thailand, and…

Judy Yang |

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 |

In April, PovcalNet revised the World Bank’s global and regional poverty estimates from 1981 to 2013. The next major update of global and regional poverty estimates is scheduled for October 2018,…

Christoph Lakner, Joao Pedro Azevedo, Daniel Mahler, Espen Beer Prydz |

Students at Beijing Bayi High School in China. Photo: World Bank In 1950, the average working-age person in the world had  almost three years of education, but in East Asia and Pacific (EAP), the…

Michael Crawford |

Nearly 50 years ago, books such as Asian Drama: An Inquiry Into The Poverty Of Nations, by the Swedish economist and Nobel laureate Gunnar Myrdal, offered a dire prediction of famine and poverty…

Axel van Trotsenburg |

The conventional wisdom is that low world prices for oil only hurt rich exporting countries, while generating a windfall for poor net importer economies. However, in Central Asia, the story is…

Aurelien Kruse |

If you think about it, snow is a pretty amazing thing. It is nature’s way of storing water in the winter, and then using it in the summer when it is needed, namely during the growing season. If it…

Kulsum Ahmed |

At the Ninth WTO Ministerial Conference held in Bali on December 2013, all WTO members reached an agreement on trade facilitation and a compromise on food security issues, a contentious topic…

Bill Gain, Ankur Huria, Kaori Niina |

When economists think about price shocks, they consider how a change in price will affect the supply and demand of a product. But when that product is human – i.e., a worker – interpreting the…

Elizabeth Ruppert Bulmer, Claire H. Hollweg |

It is July 2012 and cattle farmers in Nicaragua are worried because Guatemala has enacted a series of laws that restrict beef trade. These so-called “non-tariff measures, ” or NTMs, require that…

Jose Daniel Reyes, Maria Jose Gonzalez Rivas |