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 |

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 |

More efficient ACs that run on environmentally-friendly refrigerants will be vital to solve the cooling crunch and mitigate greenhouse gas emissions. In the Middle East and North Africa Region (…

Helena Naber, Thanavat Junchaya, Jeff Gibson |

At a recent event at the World Bank’s annual Spring Meetings, Ibrahim AlSuwail, Deputy Governor of Saudi Arabia’s General Investment Authority (SAGIA), discussed just how far the Kingdom has come…

Issam Abousleiman |