The 2008 financial crisis highlighted weaknesses in the risk management, control and governance processes of banks as well as in their statutory audit and financial supervision. This led to increased scrutiny of the respective roles and interactions of banking supervisors and external auditors...

The current downturn in commodity prices provides an opportunity for Indonesia to shift away from its dependence on commodity-driven growth towards higher value-added activities in manufacturing and services. However, Indonesia faces both global and structural challenges in making this...

This brief is based on analysis of the 2011-12 household budget survey (HBS) implemented by Central Administration for Statistics (CAS) with technical assistance from the World Bank. The survey was conducted during the period of September 2011 to November 2012, and was stratified across nine...

This is a semi-annual report series on recent economic developments and economic policies in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia). The report looks at the economic performance and outlook for the Western Balkans region and specific...

This report is the second in a series, presenting labor market developments in the Western Balkan countries in 2017 and comparing with selected member states of the European Union (EU). The report is the result of collaboration between the World Bank and the Vienna Institute for International...

This report is part of a joint study between the European Commission (EC), the World Bank, andthe Organisation for Economic Co-operation and Development (OECD). It aims to inform activation and employment support and social inclusion policy making and programs through an improved understanding...

Indonesia has one of the highest rates of cigarette consumption in the world. Tobacco use heavily burdens population health, undermines the quest for universal health coverage, and inflicts heavy direct and indirect economic costs. Higher tobacco taxes to increase cigarette prices contribute to...

Promoting early labor market success of workers has increasingly become an important economic and social development aim internationally, as exemplified by the 2030 United Nations (UN) Sustainable Development Goals related to youth employment. Many low-income countries, including Nepal, are in...

This third report on Western Balkan labor market trends presents a descriptive analysis of key labor market indicators for the six Western Balkan countries (Albania, Bosnia and Herzegovina, the Republic of North Macedonia, Montenegro, Kosovo, and Serbia) and selected European Union (EU)...