When a disaster strikes, it not only affects households' physical assets, but also their income levels and ability to contribute to the local economy. Critically, these socio-economic disparities shape not only the severity of shocks on household-level economies, but also the duration of...

European Council approved the Europe 2020 strategy, an economic growth and wellbeing improvement plan for the European Union (EU) in the ensuing decade. The strategy includes five interrelated headline targets to be achieved by the year 2020, encompassing employment, innovation, education,...

While LAC continues its progress towards becoming a middle-class region, in 2013 poverty reduction was slower than in previous years. The bottom 40 percent of the population has also seen decelerating income growth since the 2008-2009 global financial crisis. Driving the lower gains in shared...

Fourteen years of civil conflict (1989-2003) have destroyed Liberia's social and economic infrastructure and brought the economy nearly to a halt. Workers who came of age during the conflict are largely unskilled, and the supply of workers exceeds demand by a substantial margin. The negative...

This report, which has been prepared by the World Bank in cooperation with the National Statistical Committee, provides an assessment of poverty in the Kyrgyz Republic using the most recent data available. The objective of this report is to understand to what extent economic growth has reduced...

This study analyzes labor market performance in the Philippines from the perspective of workers' welfare. It argues that pervasive in-work poverty is the main challenge facing labor policy. Poverty is primarily due to low earning capacity of the poor and to their limited access to regular and...