5d ago| Opinion

Bridging data gaps can help tackle climate crisis

A famous physicist once said: “When you can measure what you are speaking about, and express it in numbers, you know something about it.”

5d ago| Opinion

Grameenphone’s SIM sales ban sends wrong message to the world

Grameenphone recently celebrated its 25 years in Bangladesh. It is a story to be proud of, a story of how telecom technology was made available to people from all walks of life.

1w ago| Opinion

How fiscal restraint can help fight inflation

Government support was vital to help people and firms survive pandemic lockdowns and support the economic recovery. But where inflation is high and persistent, across-the-board fiscal support is not warranted. Most governments have already dialed back pandemic support.

Wage-price spiral risks appear contained despite high inflation

Inflation in some economies is rising at the fastest pace in four decades, while tight labour markets have boosted pay gains. That has raised concerns that these conditions could become self-reinforcing and lead to a wage-price spiral—a prolonged loop in which inflation leads to higher wage growth, fueling even higher inflation.

Creating virtuous circles between urban planning and urban transit

Cities are not just places where people live. They are massive labour markets and engines of economic growth, facilitating structural transformation of economies towards manufacturing and service activities. New urban transport infrastructure changes how people access jobs and matches employees to firms.

​​​​​​​How do rising incomes impact carbon emissions?

The transport sector currently accounts for a quarter of energy-related carbon emissions globally. It also ranks among the fastest-growing sources of such emissions.

November 29, 2022
November 29, 2022

Bridging data gaps can help tackle climate crisis

A famous physicist once said: “When you can measure what you are speaking about, and express it in numbers, you know something about it.”

November 29, 2022
November 29, 2022

Grameenphone’s SIM sales ban sends wrong message to the world

Grameenphone recently celebrated its 25 years in Bangladesh. It is a story to be proud of, a story of how telecom technology was made available to people from all walks of life.

November 24, 2022
November 24, 2022

How fiscal restraint can help fight inflation

Government support was vital to help people and firms survive pandemic lockdowns and support the economic recovery. But where inflation is high and persistent, across-the-board fiscal support is not warranted. Most governments have already dialed back pandemic support.

November 16, 2022
November 16, 2022

Workers are heading back overseas: here’s how govts should respond

Deployment of migrant workers from Asia is slowly getting back on track after plummeting due to the Covid-19 pandemic during the first quarter of 2020. Some countries are recording departures of migrant workers exceeding pre-pandemic levels.

October 19, 2022
October 19, 2022

Fiscal policy can help people rebound from cost of living crisis 

Governments confront difficult trade-offs amid sharp increases in food and energy prices. Policymakers must protect low-income families from large real income losses and ensure their access to food and energy. 

October 18, 2022
October 18, 2022

Correcting course to accelerate poverty reduction

On End Poverty Day this year, it’s hard to find cause for celebration.  The Covid-19 pandemic triggered a historic setback, pushing 70 million people into extreme poverty in 2020 – the largest one-year increase in three decades. 

October 15, 2022
October 15, 2022

Asia sails into headwinds from rate hikes, war, and China slowdown

Asia’s strong economic rebound early this year is losing momentum, with a weaker-than-expected second quarter. We have cut growth forecasts for Asia and the Pacific to 4 per cent this year and 4.3 per cent next year, which are well below the 5.5 per cent average over the last two decades. Despite this, Asia remains a relative bright spot in an increasingly dimming global economy.

October 15, 2022
October 15, 2022

How countries should respond to the strong dollar

The dollar is at its highest level since 2000, having appreciated 22 per cent against the yen, 13 per cent against the euro and 6 per cent against emerging market currencies since the start of this year. Such a sharp strengthening of the dollar in a matter of months has sizable macroeconomic implications for almost all countries, given the dominance of the dollar in international trade and finance.

October 13, 2022
October 13, 2022

Interest rate increases, volatile markets signal rising financial stability risks

Financial conditions have tightened as central banks continue to hike interest rates. Amid the highly uncertain global environment risks to financial stability have increased substantially.

October 8, 2022
October 8, 2022

Helping families cope with price shocks—without subsidies

Amid ongoing food and fuel crises worldwide, general subsidies are making a big comeback as a way of delivering social protection to the population. In fact, according to a World Bank tracker, the number of social protection measures introduced in response to rising inflation almost tripled globally between April and September 2022. More than a third of these were subsidies, including for fuel, food, fertilizers, and fees (such as for electricity, water and heating services).