China is emerging as a major financer of infrastructure projects in Africa, as documented in Building Bridges, a report released this week by the World Bank. This is a very welcome development because Africa has an infrastructure deficit and China has both the financial resources and the construction industry capacity to help meet the demands
Two weeks ago a World Bank team visited Sichuan, including some of the most devastated areas such as Beichuan county. My colleagues, Mara Warwick and John Scales, took photos and produced a slideshow --see it below in video version:
G8 countries are discussing climate change this week, and I just came across a cool site from NASA and the California Institute of Technology: a very simple, visual "Climate Time Machine" website that shows changes in so
When we visited a poor village in Qingxing county of north Guangdong a few weeks ago to work on a study of inequality, I was struck by the severity of poverty in places only a few hours away from the most dynamic and prosperous Pearl River Delta. One family that we visited had almost no furniture. Another only lived on 90 yuan (US$13) per month from the social assistance program.
It has been a long time since I’ve written, but the past two months have been quite hectic for us! I just returned from China, where we were working with the capital market supervisor, and the issue of the financial sector regulatory architecture, or how market supervisors should be organized, was a topic of discussion. In early June, there was a conference with all of the key financial supervisors on the topic