Urbanization in East Asia and the Pacific has created enormous opportunity for many. Yet the rapid growth of cities can also create challenges as national and local governments try to keep up with the needs of their growing populations. Among these challenges is a lack of affordable housing,...

The developing economies of the East Asia and Pacific (EAP) region grew by 7.5 percent in 2012, lower than the 8.3 percent growth recorded in 2011, but still higher than that of any other region. Within the region, available data in the first quarter of the year indicate that external weakness...

Global growth momentum accelerated during the second and third quarters of 2013, while many downside risks lingered in the background. Strengthening of global growth momentum will help developing East Asia maintain a growth rate in excess of 7 percent, retaining its status as the global growth...