The economic success of the People’s Republic of China (PRC) over the last 3 decades has brought with it new challenges. Rising wages and population aging mean that future growth needs to rely more on productivity improvement through industrial upgrading and innovation, and transition from...

The Framework of Inclusive Growth Indicators 2012 (FIGI 2012) is the follow-up edition to FIGI 2011, which proposed a set of 35 indicators as measures of income and non-income outcomes of inclusive growth; the processes and inputs that are important to improve access to opportunities, social...

Papua New Guinea’s economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium...