However, slow economic progress is hindering shared prosperity in some regions, particularly in some Europe and Central Asia which experienced negative or low levels of shared prosperity. More ...

The most striking finding is a steady deceleration in the growth of the middle class. Throughout the 1990s and 2000s, an ...

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable ...

Brooks, Douglas Hasan, Rana Lee, Jong-Wha and Son, Hyun H. 2010. Closing Development Gaps: Challenges and Policy Options. SSRN Electronic Journal, ...

This book started with an objective to understand the impact of high inflation on poverty and food security in Southeast Asia. However, the global economy moved quickly into recession in 2008. Global ...

Asia plays a significant role in the global poverty landscape, with countries like India, Bangladesh, and Indonesia housing large populations struggling to access essential services, education ...

Both China and Vietnam have made enormous progress in the fight against poverty, and the evidence suggests that rural economic growth has played a large role in this success. Using each country's own ...

While global poverty rates have shown some improvement in recent years, the fight against multidimensional poverty remains a ...

China claimed last year it had met its target of lifting all its people out of extreme poverty. President Xi Jinping heralded it as a “major victory” that the Chinese Communist Party had ...

In an exclusive interview with Asia Society, Professor Yunus discusses the importance of micro-credit for poverty alleviation in Bangladesh and elsewhere. Professor Yunus, could you please explain how ...

The global community could slash poverty in Asia at the click of a finger. We have the numbers to prove it. With a global economic slow-down and potentially millions of foreign workers returning ...

Eradicating rural poverty has been a key initiative of Xi Jinping's eight-year tenure Chinese President Xi Jinping says his country has achieved the "miracle" of eradicating extreme poverty.