In 1996, Chongqing’s per capita GDP was US$550. Twenty years later, it has grown 14 times to almost US$9,000, and the city has transitioned out of heavy industry: one in three laptops worldwide…

Xueman Wang |

Since fintech offers the chance to boost economic growth and expand financial inclusion in all countries, the IMF and World Bank surveyed central banks, finance ministries, and other relevant…

Tobias Adrian, Ceyla Pazarbasioglu |

Oman, like many other countries, struggled with overseeing a large number of inefficient public enterprises in various sectors. Enterprises active in the oil and gas sector made a healthy profit…

Ismail Radwan |

A new World Bank study concludes that the Belt and Road transport corridors could substantially improve trade, foreign investment, and living conditions for citizens in participating countries—but…

Martin Raiser, Michele Ruta |

In Thessaloniki, a promenade along the Aegean Sea is dotted with fountains, sculptures, grassy parks, and the iconic “Umbrellas” art installation of the late Greek sculptor George Zongolopoulos.…

Valerie-Joy Santos |

The industrial sector plays a major role in China's rapid economic development in the past four decades: in 2017, it took up more than 40% of the GDP but was also responsible for more than…

Marcin Piatkowski |

  The Richtersveld Community Conservancy on the south border of the Richtersveld National Park in the Northern Cape Province of South Africa. Photo: John Hogg/World Bank  This week I was at the G7…

Karin Erika Kemper |