The Lao economy is projected to grow at 8 percent in 2013. The hydropower sector (both completed projects in operation and projects in the construction or development phase), construction, food processing, and services sectors remain the major contributors to this growth. Overall inflation has...

The Philippine economy grew slower than expected at 3.7 percent in 2011, held back by weak public spending and external demand. In the fourth quarter (Q4), growth slightly improved at 3.7 percent. As in past quarters, growth was driven by remittance-fueled household consumption, which grew by...

"The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crises have had real but heterogeneous welfare impacts and not just for poor people; indeed, some of the conditions that foster deep and persistent poverty, such as lack of...

This volume presents a set of Policy Notes prepared by the World Bank's Brazil Team with partners during 2002 as a contribution for the debate of policies by the new federal and state governments elected in October 2002. The objectives of making these Policy Notes available to a broader audience...

Twenty years of rapid economic development in Ghana has done little, if anything, to reduce the historical North, South divide in standards of living. While rural development and urbanization have led to significant poverty reduction in the South, similar dynamics have been largely absent from...

China should complete its transition to a market economy--through enterprise, land, labor, and financial sector reforms--strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for...

The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crises have had real but heterogeneous welfare impacts and not just for poor people; indeed, some of the conditions that foster deep and persistent poverty, such as lack of...

This report aims to inform the discussion by summarizing recent World Bank analysis on the performance of the social safety net on the basis of the 2007 Multi-Topic Household Survey. It reviews the effectiveness of the main social safety net transfer programs in reducing poverty and assesses how...

Since its emergence from a turbulent post-communist transition, Albania has achieved remarkable progress in economic and social development. Governance improvements, especially in the effectiveness of public administration, have been instrumental to the country's impressive economic performance...