In the last three decades, East Asia has reaped the demographic dividend. An abundant and growing labor force powered almost one-third of the region’s per capita income growth from the 1960s to…
El Niño is back and may be stronger than ever. A wooden boat is seen stranded on the dry cracked riverbed of the Dawuhan Dam during drought season in Madiun, Indonesia's East Java province…
Just two weeks ago, the citizens of Sierra Leone celebrated the end of Ebola transmission in their country with cheering and dancing in the streets of Freetown. It’s a milestone worth celebrating…
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…
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…
In Mozambique in 2003, it took an entrepreneur 168 days to start a business. Today, it takes only 19 days. That kind of transformation has major implications for ambitious men and women who are…
Imagine yourself in the last century, walking down one of the streets of a large Central Asian city. You are surrounded by architecture dominated by the Soviet style, with common building types…
Also available in: Français | العربية | 中文 | Español In 1964, I came to the United States from South Korea, then an extremely poor developing country that most experts, including those at the…
In 1964, I came to the United States from South Korea, then an extremely poor developing country that most experts, including those at the World Bank, had written off as having little hope for…
This is the story of an idea. In fact, of a very simple and creative idea that is having huge impact on the way people move. This idea is helping reduce travel time, save money and increase the…