Category : Economy

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...

But poverty reduction and climate change are linked. We have powerful new evidence that even if climate change falls short of the much-discussed 4°C warmer world, we could witness the rolling back of decades of development . 30th July Over the last 20 years, the World Bank Group has helped countries lift 663 million people...

Pinpointing practical and sustainable solutions to stimulate growth in Caribbean has been the focus of a year-long, region-wide initiative, The region has been hit hard by recent global economic crises due to a focus on traditional markets such as US 29th july The Caribbean needs to improve skills training, revitalize investments and increase connectivity (both...

The World Bank and the Government of Peru sign an agreement to strengthen a basic education project.The project will enable education to be evaluated properly throughout the country. 29th july In school 40374 Elias Caceres Lozada, in rural Arequipa, 470 miles south of Lima, classrooms are full to capacity –a proud achievement for this rural...

Vietnam remains one of the most popular destinations for expansion within the ASEAN region according to ASEAN Business Outlook Survey by AmCham and Singapore Business Federation. 29th July , 2013 ACHIEVEMENTS Relatively stable macroeconomic conditions – Moderate inflation: 6.7% in June 2013. – Stable exchange rate—Dong depreciated by 1.6% percent in the past 12 months (average exchange...

Mississippi need for both wealth creation and wealth redistribution. 29th July 2013 Should New York move to Mississippi ?  Would it be rationale for the US Government to make massive investments and provide subsidies for companies to move from New York, its business center, to Mississippi, the poorest state ? European policy-makers are grappling with...

To ensure rural migrants have easy access to social services in cities, the government set up migrant workers’ service centers, With subsidies and other incentives, the government encourages local employers to improve living conditions. 29th july Every year in China, millions of rural residents migrate to cities for work. But when they do, many of...

The World Bank Group supports Peru’s efforts to promote equity through improved social services and infrastructure that increase competitiveness. 29th july When World Bank President Jim Yong Kim sets foot in Peru for his first stop in a 3-country visit, he will find a country in the big leagues of emerging economies, with sound levels...

Most small firms are subsistence enterprises that see no net benefit from going formal 29th July , 2013 In the developing world, most businesses aren’t registered with municipal or tax authorities. Many have argued that these “informal” firms hurt local tax revenues, cut into the customer base of “formal” firms and lead to low wages...

Pinpointing practical and sustainable solutions to stimulate growth in Caribbean has been the focus of a year-long, region-wide initiative, The region has been hit hard by recent global economic crises due to a focus on traditional markets such as US 29th july he Caribbean needs to improve skills training, revitalize investments and increase connectivity (both...