Simultaneously with its entry into the IDB and the IIC, the Republic of Korea would also join the Multilateral Investment Fund
The World Bank’s East Asia chief, Axel van Trotsenburg, tells Emerging Markets why it is boosting its investment in Myanmar threefold.
Bank debt issuance across Asia is soaring this year, driven by the need to comply with Basel III regulations. Fresh impetus from China is set to send volumes higher still
Rising US interest rates should in theory lead investors to withdraw money from emerging economies so those in Latin America suffering weak growth. But leading debt bankers feel that the party has some time to go.
With every resource that it needs to become a wealthy country, Kazakhstan should be doing better, but its economy remains stubbornly tied to energy and metals prices. President Nazarbayev is running out of time to transform his nation
Jamaica is getting back on track and could become an unlikely poster child for the IMF. However, elsewhere in the Caribbean the threat of default looms and some countries are not ready to ask for help
Women's participation in the labour force still lags men's by 12% even in developed economies. In the MENA region it can be up to 50%. That is a wasted resource - and best practice examples show countries and companies that tackle the problem outperform
On Ebola: "The World Bank stands as the pivot of that effort to marshal money from the rich world and direct it towards the poor. We need to appeal to the world and to the top 1%.”
Kaushik Basu, chief economist, World Bank
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