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 | | China Quarterly Update, April 2011
China’s economic outlook remains broadly favorable with real GDP growth projected at 9.3 percent in 2011 and 8.7 percent in 2012 but risks on inflation and the property market call for full normalization of the macroeconomic stance to keep growth on track. |
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WORLD BANK GROUP: Improvements in Basic City Infrastructure Key to Fighting Urban Violence
Municipal policymakers need to see urban communities as part of the solution and work with them to prioritize interventions targeting urban violence, says a new World Bank report. Read more |
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WORLD BANK GROUP: Development Banks Launch Initiative to Promote Road Safety
Seven multilateral development banks announced a joint initiative to improve road safety and stem rising road deaths and injuries in developing countries, and meet targets of the UN Decade for Road Safety 2011-2020. Read more |
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CHINA: China to benefit from emerging Global Electric Vehicle demand, though challenges remain
Countries worldwide are focusing strongly on vehicle electrification with China emerging as an important test-bed for innovation, according to a new study financed by the World Bank. Read more |
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INDONESIA: World Bank Climate Change Envoy Visits Indonesia
Andrew Steer just completed a visit to Indonesia which saw him attend the recent Business for the Environment (B4E) Global Summit in Jakarta, and underscore the World Bank’s commitment to supporting Indonesia’s climate change agenda. Read more |
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INDONESIA: Enforcing Accountability: World Bank Negotiated Resolution Debars Seven Indonesian Firms
The World Bank has debarred seven Indonesian firms, following investigations by the Bank’s Integrity Vice Presidency (INT) and the firms’ acknowledged misconduct relating to two separate projects in Indonesia. Read more |
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INDONESIA: Skills development for national productivity
Identifying and reducing skills gaps, improving employability and productivity were some of the topics discussed at the Skills Development for Productivity conference in Jakarta. Read more |
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LAO PDR: New grants to boost silk industry, community-driven livelihood programs
Two grant agreements from the World Bank-administered Japan Social Development Fund (JSDF), totaling US$4.4 million, will help silk production and livelihood programs for ethnic communities. Read more |
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MALAYSIA: With strong recovery, accelerated reforms needed for skill-intensive growth, says World Bank Malaysia Economic Monitor
Malaysia’s economy is expected to develop favorably at 5.3% for 2011 and 5.5% in 2012. To succeed in becoming a high income country, however, it must accelerate structural reforms, and promote skill-intensive growth by developing, attracting and retaining talent. Read the press release | Get the report |
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PHILIPPINES: Rural Road Transforms Lives Of Agrarian Reform Beneficiaries In Quezon Province
The completion of an all-weather rural road and the provision of credit and other support services opened up opportunities for farmers to diversity into high-value vegetables and livestock, improving their incomes by 238%. Read more |
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TIMOR-LESTE: Radio Series Promotes Access to Higher Education for Women
A radio drama hopes to change attitudes that prevent women, especially those in rural areas, from obtaining higher education in Timor-Leste. Read more |
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VIETNAM: Policy Reforms to Benefit Disadvantaged Groups in Vietnam
The Vietnam Government’s efforts to reduce poverty among disadvantaged groups will receive further support through a US$50 million interest-free credit approved by the World Bank’s Board of Executive Directors. Read more |
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VIETNAM: Vietnam Hydro Project to Help Meet Growing Energy Demand While Avoiding 1 Million Tonnes of CO2 Emissions
The Trung Son Hydropower Project will help meet growing domestic demand for electricity, bring flood control and irrigation benefits to rural and poor communities in Thanh Hoa province, and avoid 1 million tonnes of CO2 emissions. Read more | Visit the website: www.worldbank.org/vn/trungson |
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