It is undeniable that progress has been made in reducing extreme poverty over the last quarter century—from 36 percent of the world population in 1990 to an estimated 8.6 percent in 2018—and that…

Philippe H. Le Houérou, Antoinette Sayeh |

By 2035, Cameroon aspires to join the ranks of industrialized, upper-middle-income nations with low poverty rates, strong economic growth, and a functioning democracy. To realize that goal, the…

Rick Emery Tsouck Ibounde, Francisco G. Carneiro |

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 |

Photo: © World Bank Yesterday morning I participated in the “Ring the Bell for Gender Equality” event at the opening of the Mongolian Stock Exchange. A global event sponsored by the IFC and other…

Jim Anderson, Helle Buchhave |

Photo: SkyPics Studio/Shutterstock Data on the sharing economy (Uber, Airbnb and so on) are scarce, but a recent study estimates that the revenue growth of these platforms has been dramatic. In…

Hernan Winkler |

A significant share of Tajikistan’s workforce works outside the country. Photo: Gennadiy Ratushenko / World Bank My colleague Victoria and I had an opportunity recently to meet with students at…

Mohamed Ihsan Ajwad, Victoria Strokova |

A significant share of Tajikistan’s workforce works outside the country. Photo: Gennadiy Ratushenko / World Bank My colleague Victoria and I had an opportunity recently to meet with students at…

Mohamed Ihsan Ajwad, Victoria Strokova |

Numbers don’t lie. That’s why, in our day-to-day lives, we rely heavily on numbers from household surveys, from national accounts, and from other traditional sources to describe the world around…

Giorgia DeMarchi |

My father is a long-distance trucker based in Belarus. As a young girl, I spent long hours on the road with him. I loved traveling to neighboring and faraway cities and—even though I could barely…

Alena Sakhonchik |