It is undeniable that progress has been made in reducing extreme poverty over the last quarter century—from 36 percent of the world population in 1990 to an estimated 8.6 percent in 2018—and that…

Philippe H. Le Houérou, Antoinette Sayeh |

Jobs and wage growth have been the most important driver of poverty reduction globally, and Central Asia. In Tajikistan, for example, it has cut poverty by about two-thirds since 2003. In…

Lilia Burunciuc |

This page in: Français Across European countries, women continue to earn less than men. Looking at data for full-time working women across 30 countries, we find that women would have needed an…

Gabriela Inchauste, Ana Maria Munoz-Boudet, Paola Buitrago Hernandez |

As the world becomes increasingly urbanized, the number of megacities is growing rapidly. Today there are 37 cities worldwide with populations of greater than 10 million, and 84 with populations…

Philip E. Karp, Peter Ellis, Barjor Mehta |

Students at Beijing Bayi High School in China. Photo: World Bank In 1950, the average working-age person in the world had  almost three years of education, but in East Asia and Pacific (EAP), the…

Michael Crawford |

Another year has passed, and as we do each year-end, here’s a rundown of what content resonated most with you on World Bank social media in 2016. Four World Bank Facebook posts you cared about…

Mario Trubiano |

Numbers don’t lie. That’s why, in our day-to-day lives, we rely heavily on numbers from household surveys, from national accounts, and from other traditional sources to describe the world around…

Giorgia DeMarchi |

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…

Aurelien Kruse |

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…

Kulsum Ahmed |

Every minute, dozens of people in East Asia move from the countryside to the city. The massive population shift is creating some of the world’s biggest mega-cities including Tokyo, Shanghai,…

Axel van Trotsenburg |