In 2024, the Lao economy grew by 4.1 percent, driven primarily by strong performance in the services sector, followed by electricity generation, mining, agriculture, and some manufacturing. Services ...

East Asia and Pacific (EAP) outpaced most regions in economic growth in 2024. To sustain this momentum and generate jobs, EAP countries must navigate global uncertainty and tackle long-term challenges ...

From 2000 to 2008, Armenia transformed into one of the Europe and Central Asia region's most rapidly growing economies, with average annual growth in gross domestic product (GDP) exceeding 10 percent, ...

Global commodity prices fell 14 percent in the first quarter of 2023, and by the end of March, they were roughly 30 percent below their June 2022 peak. The unwinding of prices reflects a combination ...

The economies of the Western Balkans (WB6) continue to navigate a complex operating environment, and despite experiencing a moderate acceleration in growth, uncertainty remains high. This year, the ...

Workers have the right to take up any job offer in their country of citizenship but not to rent out that right. This paper shows that relaxing this restriction using a two-sided competitive market in ...

This paper quantifies learning losses between 2020 and 2022 in the Dominican Republic, an upper-middle-income country. The paper uses data from a sample of ninth-grade students who benefited from ...

Non-communicable diseases (NCDs) are increasingly placing significant health and economic burdens on low- and middle-income countries (LMICs). Primary care serves as the initial point of contact for ...

Viet Nam’s rapidly growing economy has created increasing energy demands, with significant untapped offshore wind resources located in shallow waters near population centers. While several near-shore ...

The 2024 World Bank Global Reporting Initiative (GRI) Index is an inventory of the sustainability considerations used in World Bank (Bank) lending and analytical services as well as its corporate ...

This Country Partnership Framework (CPF) outlines the strategic approach to the WBG's proposed engagement in Nepal for FY25-31. The design and priorities of this CPF are informed by a comprehensive ...

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