Protecting ASEAN’s impressive gains over the past two decades will require prioritizing investments in people – that is, human capital.

Victoria Kwakwa |

A mother brings her baby to Mitthaphap Hospital for a checkup. Photo: World Bank Lao PDR
On this Universal Health Coverage (UHC) Day, it is striking to us, working in Lao PDR’s health sector…

Somil Nagpal, Emiko Masaki |

  To function properly, a financial system needs to have two doors in place: an “entry” and an “exit”. The first one enables qualified local or foreign institutions to enter the marketplace to…

José de Luna-Martínez |

We are reviewing the 25 year partnership between Mongolia and the World Bank, one year at a time, and today we examine 2003.  GDP grew 7.0% that year, the highest growth rate since the transition…

Jim Anderson |

Nearly 50 years ago, books such as Asian Drama: An Inquiry Into The Poverty Of Nations, by the Swedish economist and Nobel laureate Gunnar Myrdal, offered a dire prediction of famine and poverty…

Axel van Trotsenburg |

Globally, around 2 billion people do not use formal financial services. In Southeast Asia, there are 264 million adults who are still “unbanked”; many of them save their money under the mattress…

José de Luna-Martínez |

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…

Axel van Trotsenburg |

The Greater Mekong Sub-region (GMS) is a major global rice producer and exporter but its population suffers from serious levels of poverty and malnutrition.   Spanning six countries – China,…

Sergiy Zorya |

Mongolia’s current economic situation is characterized by a combination of falling commodity prices and slowing growth. This heightens the need for the country’s social welfare system to protect…

Junko Onishi |

Co-authored with Cheryl Cashin, Senior Program Director, Results for Development   In the early 1990s, after 70 years of a socialist system, Mongolia transitioned to a market economy and embarked…

Aparnaa Somanathan |