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 |

When the Bank did its first social assistance public expenditure review in Indonesia in 2012, the diagnosis was clear. Despite spending significant amount of resources in “welfare”, most of them…

Pablo Acosta |

We know that fiscal policy can be harnessed to reduce inequality in low- and middle-income countries, but until now, we knew less about its ability to reduce poverty. Our recent volume looks at…

Gabriela Inchauste, Nora Lustig |

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9…

Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, Naotaka Sugawara |

Members of th eJint Legislature in session, Liberia. Photo credit: FrontPageAfricaOnline Some say natural resources are a curse, others say they are neither curse nor destiny (see here and here…

Errol Graham |

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 |

Technology is making work less manual and routine, and more interactive and creative-cognitive. But not all those who lose routine jobs will find new non-routine, interactive, and creative-…

Christian Bodewig |

In the last decade, conditional cash transfer (CCT) programs are probably the key social policy innovation around the world and in the East Asia and Pacific region. The targeted programs offer…

Ariel Fiszbein |

Ten years after the Asian Financial Crisis, Indonesia has re-emerged as a growing and confident middle-income country with increasing regional and global standing.

Joachim von Amsberg |