As Malaysia moves closer towards achieving high-income country status, it is important to be aware of the broader aspects of development that are not captured by GDP growth.  (Photo: Getty Images/…

Richard Record |

Photo: bigstock/ f9photos Income growth is not the sole aim of economic development. An equally important, albeit harder to quantify objective is a sense of progress for the entire community, and …

Victoria Kwakwa |

There are about 245 million migrants worldwide – around 3% of the world population. Roughly one-fifth are tertiary educated. Middle-income countries have a smaller proportion of immigrants than…

Sharmila Devadas |

Photo: anekoho / Shutterstock.com Islamic finance assets represent only around 1% of the global financial market, [1] so how can tapping into these funds help close the $452 billion annual…

Aijaz Ahmad, Sara Ahmed |

In the past several decades Malaysia has witnessed strong economic growth and has become one of Asia’s newly industrialized countries. In one generation it transitioned successfully from low to…

Smita Kuriakose |

Since it opened in 1914, the Panama Canal has been one of the world’s most important trade assets and a marvel of engineering. Its expansion has doubled the canal’s cargo capacity, adding a new…

Philippe H. Le Houérou |

Continuing with our series looking at the 25 year partnership between Mongolia and the World Bank, today we look at 2008, a year that will be remembered by many Mongolians for events both high and…

Erdene-Ochir Badarch |

This blog was previously published in The World Post.
Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average…

Katia Vostroknutova, Jorge Thompson Araujo, Konstantin M. Wacker, Mateo Clavijo Munoz |

Have you ever felt like you are in a race and each time you pass another competitor, more keep showing up ahead on the race track in an endless marathon? Well, countries striving to be competitive…

Laura Altinger |