Photo:Mara Warwick/World Bank It’s been ten years since the Wenchuan Earthquake struck China, leaving an everlasting scar on ravaged land, but also revealing the strong and unyielding will of the…

Yi Shi |

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 |

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 |

Nearly eight in 10 adults in China now have a bank account, according to the 2014 Global Findex. This represents a 15 percentage point increase since 2011. According to the survey, the number of…

Eric Duflos, Leora Klapper |

In PDF: Korean | Khmer Every time I learn of another natural disaster – the people killed and injured, homes destroyed, livelihoods lost – I know we must act to reduce the tragic impact instead of…

Axel van Trotsenburg |

Those unfamiliar with the fast growing emerging economies of East Asia are likely to think that governments in these countries let market forces and capitalism roam free, red in tooth and claw.…

Truman Packard |