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At the border between India and Bangladesh, a new digital platform is helping authorities process trucks faster and make trade more efficient—an important and encouraging first step toward…
The average Pakistani worker produces 40 percent more value added today than 30 years ago. Compare that to the average Vietnamese worker, who is 328 percent more productive today. Put differently…
Low and middle-income countries are at the center of the trade-climate nexus, according to a recent report from the World Bank. Collectively, their annual emissions grew faster than the world…
A tumultuous year of deep uncertainty brought on by multiple overlapping crises in which South Asia was hit by a series of unprecedented shocks. Here's a look back at 2022 in 10 blogs.
This blog is a biweekly feature highlighting recent working papers from around the World Bank Group. It introduces four papers published from October 16 to October 31 on various topics, including…
New World Bank working paper examines if a change in external trade costs, that is, the cost of importing, on economic activity across regions within a country depend on internal trade costs and…
For South Asia to reach its full economic potential, it must explore untapped opportunities.
Nepal's economy is expected to grow by 3.7 percent in the current fiscal year and 4.1 percent in FY2022/23, led by a recovery of the services sector amid high COVID-19 vaccination rates.
Shipping is also a significant source of greenhouse gas emissions. To combat the rapid growth in GHG emissions, international shipping has committed to reducing its carbon footprint by at least 50…
As the gusts of the COVID-19 pandemic quieten, South Asian economies, left fragile and uneven in their recovery, are facing renewed headwinds: high inflation, rising fiscal deficits, and…