In the last decades, slow growth and job creation have encouraged emigration, further dampening domestic sources of growth in Nepal. Tepid growth over the past decade, the slowest in the region, has resulted in few jobs being created, leading to more Nepalese workers seeking opportunities...

This paper reviews the alignment of the customs act of Jamaica to the World Trade Organization (WTO) Trade Facilitation Agreement (TFA) and recommends changes where gaps are identified. In part II of this paper, the customs act is reviewed against each of the TFA technical measures, in order...

Energy demand in Arab countries continues to grow at a higher rate than economic growth. Meeting national electricity demand and exploiting their significant renewable energy resources (particularly, solar and wind) in a sustainable manner is a common challenge across all Arab countries. A...

Global economic growth has picked up in 2021 and has now surpassed its pre-pandemic level. The National Bank of Rwanda (NBR) has maintained an accommodative monetary stance and other measures to support the recovery, taking advantage of low inflation. The government's continued fiscal expansion...

As Association of Southeast Asian Nations (ASEAN) approaches end 2015, this report takes stock of the progress to date and draws out lessons for the next stage of ASEAN's connectivity journey. The realization of an integrated ASEAN community demands connectedness vis improved and expanded...

Though the European Union (EU) is a development conversion machine for national economies, it is less so for subnational regions. EU accession countries have been catching up to regional averages in terms of economic development since they joined the union. The economic success of the accession...

Cities can increase economic growth and participate in global economic flows by acting as hubs or gateways to regional corridors, that are supported by three dimensions of connectivity: physical (infrastructure) connectivity, digital connectivity, and economic integration. Integrating these...

This policy note was prepared in parallel to the report Pakistan at 100, Shaping the Future. The report Pakistan at 100 discusses options to accelerate and sustain growth in Pakistan so that the country becomes an upper middle-income country when it turns 100 years old in 2047. This policy note...

The Central African Economic and Monetary Community (CEMAC), which consists of Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea and Gabon, is one of the oldest regional groupings in Africa. The main objectives for achieving this are: (i) the creation of a...

There is an increasing recognition that policy initiatives at the regional level can complement and strengthen country road safety strategies and programs. This is certainly the case in the South Asia region, with implications for regional road safety investment priorities and potential for...