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Tag Archives: Bangladesh

The Digital Accelerator: Revving Up Government in Asia

By Vitor Gaspar and Chang Yong Rhee September 25, 2018 عربي, 中文, Русский A driver from the Malaysian ride-hailing tech startup, Grab, picks up a passenger in Jakarta, Indonesia: digitalization is transforming Asia’s businesses and governments (photo: Afif C. Kasuma/iStock by Getty Images) Asia’s digital revolution shows no signs of slowing down. From e-commerce giants like China’s Alibaba and Japan’s Rakuten, to ride-hailing, and digital payment tech startups, like Indonesia’s Go-Jek...

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Asia Needs More Access to Financial Services to Grow

By  Sarwat Jahan, Elena Loukoianova, Cormac Sullivan and Yongzheng Yang September 18, 2018 中文, 日本語 A customer pays at a supermarket using her smartphone in Bangkok, Thailand: urban and rural areas in the region widely use mobile payment platforms to access financial services (photo: Li Mangmang Xinhua News Agency/Newscom) In Asia, the world’s fastest-growing region, expanding access to financial services for more people will mean higher growth, as well as lower poverty and inequality....

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Managing Debt Vulnerabilities in Low-Income and Developing Countries

By Tao Zhang March 22, 2018 Congested streets in Dhaka, Bangladesh. In a third of low-income countries, including Bangladesh, government deficits finance investment in much needed infrastructure (photo: Motoya Taguchi/Jiji Press/Newscom). Government debt in some of the world’s poorest countries is rising to risky levels, a new IMF report shows. The report looks at economic developments and prospects among the world’s low-income countries, which account for a fifth of the world’s...

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Adapting to Climate Change—Three Success Stories

By Evgenia Pugacheva and Mico Mrkaic March 20, 2018 When governments subsidize private investment in adaptation, the economic costs of extreme weather events can be reduced (photo: Leolintang/iStock by Getty Images). Climate change is one of the greatest threats facing our planet. Its negative effects on health, the biosphere, and labor productivity are already being felt throughout the world. Aware of the danger, communities, households, and governments have started taking measures to...

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Transparency Pays: Emerging Markets Share More Data

By Sangyup Choi and Stephanie Medina Cas July 7, 2017 On the move in Mexico City, Mexico: emerging market economies that are transparent with their data can lower their borrowing costs (photo: Edgard Garrido/Reuters/Newscom) If sunlight is the best disinfectant, as US Supreme Court Justice Louis Brandeis once famously said, can it also be a money maker? We have tried to quantify the financial gains from greater transparency that emerging market countries can achieve. Our new...

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