Can a China-dominated New Development Bank replace the World Bank and the IMF?

Beijing is seeking to shape international institutions to facilitate its emergence as a global power.

Bangladesh wants to join the new BRICS development bank as a founding member.

China is reluctant to be crowned the world's largest economic power — at least for now.

A new report once again ranks Australians as among the happiest people on the planet.

According to calculations based off a new World Bank report, China will become the world's largest economy this year.

In purchasing power parity (PPP) terms, India is now the world's third largest economy -- surpassing Japan.

The Diplomat’s Justin McDonnell speaks with Oliver Stuenkel, a non-resident fellow at the Global Public Policy Institute, about the recent economic performance of the BRICS, their response to the crisis in Crimea, the upcoming BRICS Summit and the rising voice of emerging economies.

Led by high-income economies, the outlook is good for 2014, but some risks remain.

The Word Bank has a mixed forecast for developing economies, but the Asia-Pacific looks set to remain the growth leader.

Asia remains the engine of global growth. Will it continue?

The IMF and World Bank should take a leaf from China’s focus on developing world infrastructure.

Indonesian President Susilo Bambang Yudhoyono has finally decided to raise fuel prices by an average of 33 percent.

Accounting for a large percentage of global economic growth, Asia continues to impress. Can it continue?

A new World Bank note finds that Asian countries have reduced the number of people living in poverty — but work remains.

The BRICS failure to reach agreement on a multilateral development bank reflects a larger unresolved issue.