Tag

World Bank

Myanmar’s Bleak Economic Prospects Detailed in World Bank Report

Myanmar’s Bleak Economic Prospects Detailed in World Bank Report

By Luke Hunt
Economy deteriorates further as fighting escalates, blocking trade routes with China and other neighboring countries.

South Asia to Grow by Nearly 6% This Year

South Asia to Grow by Nearly 6% This Year

By Krutika Pathi
The region is growing faster than all other emerging markets.
Will the World Bank’s IFC Uphold or Destroy Its Internal Watchdog’s Independence?

Will the World Bank’s IFC Uphold or Destroy Its Internal Watchdog’s Independence?

By Naly Pilorge and Vuthy Eang
An investigation into the IFC’s funding of Cambodia’s troubled microfinance sector has implications far beyond the country’s borders.

Military Coup Has Inflicted ‘Permanent’ Damage on Myanmar, World Bank Says

Military Coup Has Inflicted ‘Permanent’ Damage on Myanmar, World Bank Says

By Sebastian Strangio
In its latest Myanmar Economic Monitor, the Bank predicted that the country will not return to pre-COVID-19 economic levels until at least 2027.

Uzbekistan’s Transition to a Green Economy: Challenges and Opportunities

Uzbekistan’s Transition to a Green Economy: Challenges and Opportunities

By Paola Agostini , Weijen Leow, and Marco Mantovanelli
Tashkent recognizes the need to enhance its economic transformation with a green approach.

China’s Debt Relief Position Is Actually Reasonable

China’s Debt Relief Position Is Actually Reasonable

By Etsehiwot Kebret and Hannah Ryder
China is right to say that the World Bank and IMF need to engage in debt relief. Many African debtor countries think the same thing.

What Are Central Asia’s Economic Prospects in 2023?

What Are Central Asia’s Economic Prospects in 2023?

By Catherine Putz
The war in Ukraine, in particular, is putting a drag on economies across Central Asia.
To Withstand Global Shocks, Uzbekistan Needs to Continue Reforms and Build an Inclusive Market Economy

To Withstand Global Shocks, Uzbekistan Needs to Continue Reforms and Build an Inclusive Market Economy

By Anna Bjerde
Uzbekistan has made impressive development gains over the past five years by relentlessly pursuing the path of market-oriented reforms. 

Vietnam Becomes Asia’s Economic Leader as China’s Growth Decelerates

Vietnam Becomes Asia’s Economic Leader as China’s Growth Decelerates

By Sebastian Strangio
Elsewhere in Southeast Asia, the picture was cautiously positive as the region's economies finally moved out of their pandemic-induced slumps.

World Bank-Linked Watchdog to Probe Alleged Cambodian Microfinance Abuses

World Bank-Linked Watchdog to Probe Alleged Cambodian Microfinance Abuses

By Sebastian Strangio
Two Cambodian civil society groups claim that "reckless" micro-lending has contributed to a brewing rural debt crisis.

World Bank Shaves 2022 Growth Projections for Southeast Asia

World Bank Shaves 2022 Growth Projections for Southeast Asia

By Sebastian Strangio
Slowing Chinese growth, U.S. monetary tightening, and the impacts of the war in Ukraine have weighed on this year's growth prospects.
World Bank Says Myanmar’s Economic Outlook is ‘Critically Weak’

World Bank Says Myanmar’s Economic Outlook is ‘Critically Weak’

By Sebastian Strangio
The Bank estimates that Myanmar's economy is 30 percent smaller than it would have been were it not for the coup and the COVID-19 pandemic.

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