For China, the minimum wage is a useful tool to reduce wage and income inequality, and in recent years, the minimum wage has risen rapidly in many provinces. We recently asked Shi Li (Professor of…

Shi Li, Jobs Group |

A former hotel owner in one of the region’s major cities, who wants to remain anonymous, tells a story that should have had a happy ending. Her 40-room hotel was doing well. It had built a…

Marc Schiffbauer |

After dropping for many years, there has been a recent resurgence of fertility rates in Egypt. A woman born in the 1960s gave birth to an average of 1.4 children by the time she turned 25. Then…

Jacob Goldston |

What makes smart politicians?  Jeffrey Frankel has an idea.   His recent blog examines the allure, and trap, of universal subsidies.   For one thing, they know that pulling the plug on bad…

Heba Elgazzar |

Seven countries in the Middle East and North Africa (MENA) region --Egypt, Tunisia, Iran, Lebanon, Jordan, Yemen and Libya (MENA 7)--are facing similar economic problems:  i) volatile growth that…

Lili Mottaghi |

Education and employment are key problems for young people in Egypt, who say they need to see changes—in terms of more jobs and better education—in the present, not in the distant “future”, the…

Raghada Abdel Hamed |

We all know urbanization is important: Nearly 80% of gross domestic product is generated in cities around the world. Countries must get urbanization right if they want to reach middle- or high-…

Axel van Trotsenburg |

New entrants to the working age population in most Middle East and North Africa countries encounter economic structures and policies that have long failed to generate an adequate number of new…

Farrukh Iqbal |

Those unfamiliar with the fast growing emerging economies of East Asia are likely to think that governments in these countries let market forces and capitalism roam free, red in tooth and claw.…

Truman Packard |

Also available in: العربية  Español   In 2030, more than 300 million Chinese are expected to have moved into cities. By then, 70 percent will live in urban settings. Given China’s size, it will…

Sri Mulyani Indrawati |