Category : Economy

Since reforms associated with Doi Moi in1986, Vietnam has recorded strong trade performance: Vietnam’s exports rose 34 percent in 2011, 18 percent in 2012 and nearly 20 percent in the first quarter of 2013. 30th july • Since reforms associated with Doi Moi in1986, Vietnam has recorded strong trade performance: o Vietnam’s exports rose 34 percent in...

This is the second large dig undertaken with World Bank support. The first was a massive pagan religious site, the Dedoplis Mindori temple complex, once the main place of worship for Georgian kings 1 BC and 1 AD. 30th july Georgian archaeologists stumbled across a large Bronze Age burial site containing a hundred graves with...

Using a World Bank loan, the SSSU has rolled out a new nation-wide Integrated Statistical Data Processing System based on modern information technologies. “In 2011, Eurostat, the statistical office of the European Union. 30th July Fifteen acres of black soil is the main source of income for Galyna Movchan, who lives about 170 kilometers from...

The consumer price index and the retail price index measure inflation. 30th July 2013 Inflation is the rate of increase in prices for goods and services and one of the most important issues in economics. It also affects the level of state pensions and benefits and other government programmes. The consumer price index and the...

Brazil’s economy recovered relatively quickly from the global economic crisis, but damaging effects lingered. In the state of Rio de Janeiro, revenue collection deteriorated while expenditures on infrastructure increased, limiting the state’s ability 30th July In the wake of the 2008 worldwide financial collapse, the state Government of Rio de Janeiro strengthened its policies to...

In the early 2000s, the competitiveness of the Mexican economy was declining. On the World Economic Forum’s Global Competitiveness Index, Mexico slid from 34 in 1998 to 48 in 2004 (out of 104 countries). 30th July The project helped finance and better target scholarships to economically and socially disadvantaged tertiary education students in Mexico. It...

Confronted by the problems created by the crisis, the Colombian government sought a loan from the World Bank to help buttress financial stability and continue developing capital markets. 30th july Policy actions supported by this operation contributed to mitigating the impact of the 2008 global financial crisis in Colombia. Banking sector capitalization and liquidity improved...

Jordan has welcomed hundreds of thousands of refugees fleeing the conflict in Syria, but the sudden increase in population has put immense pressure on both its economy and its citizens. 30th July Jordan has welcomed hundreds of thousands of refugees fleeing the conflict in Syria, but the sudden increase in population has put immense pressure...

Since the very first Bank-financed project in Laos in 1977, the Bank has provided more than a billion dollars in interest free loans and grants. The unifying theme of our engagement has been to deal with difficult development issues together. 30th July The World Bank Group and the Lao PDR have forged a constructive partnership for...

Creating China’s National Trunk Highway System has been an outstanding national achievement. Launched in 1990, the program to build the NTHS has delivered an Expressway network of nearly 85,000 km, Class-I highway of 68,000 km. 30th July China is a global leader in building a modern, high-standard national road network to promote economic development, regional...