Category : Economy

Poland’s story is remarkable in many respects. Economic growth has been both solid and broadly shared. Between 2008 and 2011 Poland has been the fastest-growing economy in the EU. Poland has come a long way since it started its transition more than 20 years ago.  Average income is now almost four times higher than in...

Structural reforms in financial services, telecommunications and aviation have boosted business investment and encouraged economic diversification in Papua New Guinea. The Papua New Guinea (PNG) economy has undergone a remarkable 11 straight years of economic expansion, averaging GDP growth of almost 6% per annum. High levels of foreign investment coupled with strong commodity prices for PNG’s...

The five cities considered most vulnerable to natural hazards are all in Asia: Dhaka Manila Bangkok Yangon and Jakarta, We must grow fast, but we also need to grow differently. The economy of the Philippines stands out for its relatively robust 6.6-percent growth in 2012 amid lackluster economic growth in most places around the world....

The five cities considered most vulnerable to natural hazards are all in Asia: Dhaka Manila Bangkok Yangon and Jakarta, We must grow fast, but we also need to grow differently. The economy of the Philippines stands out for its relatively robust 6.6-percent growth in 2012 amid lackluster economic growth in most places around the world....

Asia remarkable progress in building consensus on co-operation during the past two decades has occurred because nations have been realistic about what is achievable. Europe’s sovereign debt and banking crisis threatens to tear apart the 17-nation eurozone. Meanwhile, Asia is accelerating co-operation and integration. With Europe’s experiment on the verge of failure, is Asia heading...

Asia’s extraordinary rise on the global stage has been driven largely by its emergence as the world’s low cost, high output factory. Over the past three decades Asia’s extraordinary rise on the global stage has been driven largely by its emergence as the world’s low cost, high output factory. But as countries strive to become...

Asia’s energy needs have risen rapidly in tandem with its economic expansion, which is on the upswing again despite the economic doldrums afflicting other parts of the world. ASIA’S rise is increasingly considered a foregone conclusion, yet the extent to which the region will prosper hinges on its ability to feed its voracious, ever-increasing appetite...

tremendous reservoir of untapped human resources and talent that is ready to be unleashed in MENA. “Al Karama!” – “Dignity!” was one of the main rallying cries  of  the ‘Arab Spring,’ as  thousands of  young people  took to the streets demanding economic and social justice. Rising unemployment has been cited as one of the main causes...

The prosperity created by Europe’s economic freedoms has allowed its citizens to live longer, healthier lives. But the way Europeans have responded to growing wealth and longevity should serve as a cautionary tale for Asia. A Chinese proverb tells us that it is wise to learn from your own mistakes but wiser to learn from...

Africa’s farmers and agribusinesses could create a trillion-dollar food market by 2030 if they can expand their access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods. WASHINGTON, March 4, 2013–A new World Bank report “Growing Africa: Unlocking the Potential of Agribusiness,” says that Africa’s farmers and agribusinesses could create...