From the e-commerce site Taobao.com to the social media app WeChat, China has drawn global attention to its digital platform economy. A third of the top-200 digital platforms were born in China…

Rong Chen, Simeon Djankov |

The 2017 Hurricane season was the most devastating season on record in terms of cost. For many, it was a stark reminder of how the entire economy of a small nation can be wiped out in a few hours…

Christelle Chapoy, Mariana Ceratti, Brune Andre |

Also available in: Español | Français  | 中文  Machine learning algorithms are excellent at answering “yes” or “no” questions. For example, they can scan huge datasets and correctly tell us: Does…

Sarah Elizabeth Antos, Luis Triveno |

Jobs and wage growth have been the most important driver of poverty reduction globally, and Central Asia. In Tajikistan, for example, it has cut poverty by about two-thirds since 2003. In…

Lilia Burunciuc |

A massive storm system brought historic flooding across South Eastern Europe in 2014, causing more than $2 billion in damages in Bosnia and Herzegovina and shrinking Serbia’s economy by nearly a…

Daniel Werner Kull, Michael Staudinger |

As one of the key foundations for manufacturing, trade and growth, logistics is a strategic component of every economy. The sector can also contribute significantly to job creation. For example,…

Yin Lam |

Photo credit: Leonardo Canon Rubiano/World Bank The World Bank is supporting the Government of Sri Lanka’s efforts to create a roadmap for the modernization of urban bus services in the capital,…

Leonardo Canon Rubiano |

Also available in 中文   Editor's Note: The global water crisis is a crisis of too much, too polluted and too little. At the World Bank, our job is to find and implement solutions to tackle…

Sing Cho |

As an urban dweller in Beijing, a rapidly modernizing city, my daily life would look like a science-fiction movie for people from just a few decades ago. I use my mobile phone to buy groceries,…

Wanli Fang |