In the years since the 1997/1998 Asian financial crisis, the Bank of Thailand (BoT) worked hard to build a heavy fortress around the nation’s financial sector. As a result, at a time when credit…

Frederico Gil Sander |

UPDATE: Watch an interview on the report I gave to CNBC Today the World Bank launched its first “Kenya Economic Update” and we want to use this opportunity to launch the  blog “Kenya Can … End…

Wolfgang Fengler |

Forget the Homo Sapiens and the Homo Economicus. The guy who traces our destiny is the Homo Ludens, the man who plays. Johan Huizinga, a professor of history and linguistics, in his 1938 book,…

Eliana Cardoso |

An article in Saturday’s New York Times entitled “Violence Grips South Sudan as Vote Nears” reminded me of a 2008 research paper by Ibrahim Elbadawi, Gary Milante and Constantino Pischadda which…

Shanta Devarajan |

Economic growth in Bangladesh began to decline since FY06 at roughly the same time that its public investment rate started falling. The decline in growth also appears to coincide with slowdown in…

Zahid Hussain |

Last week, I discussed the two very different South Asias and the need for regional cooperation to bring the lagging regions up to the standards of thriving regions. However, increased market…

Ejaz Ghani |

Le déclin économique à Madagascar s’inscrit dans la durée. Depuis 1980, il n’y a que 7 pays en développement qui ont reporté une croissance de leur revenu par habitant moindre que Madagascar.…

Jacques Morisset |

There is considerable evidence that Africa is the continent that will be hit the first, most and worst by climate change.  Agricultural productivity,  already among the world’s lowest, could in…

Shanta Devarajan |

For the first time since the beginning of the crisis, the Government spent massively in October through a combination of debt-service and investment outlays. Over the next few months, the new…

Noro Andriamihaja |

Regional Cooperation can be the key instrument to promote increased market integration in South Asia through greater flow of goods, services, capital, and ideas. This is appropriate for a region…

Ejaz Ghani |