Over half a century ago, Lao PDR began its journey to become a modern nation and committed itself to long-term development ambitions. It has delivered electricity, schools, roads, and has become an important energy exporter.
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Just as a picture is worth a thousand words, a “voice” can be worth a hundred statistics. In this book you will see the pictures and hear the voices of our partners in development: a mother cradling her... Show More + little boy who is alive because of a new health facility in Cambodia; a school principal in Beijing who talks with passion about how her school is part of the solar energy wave; a cocoa farmer in Papua New Guinea who happily works with youth to help them build a sustainable crop and a sustainable future; a village chief in Lao PDR who lovingly holds his grandson and talks about the better life he now knows the boy can have; and a student in Vietnam whose life changed when she received a scholarship. Show Less -
Lower Oil Prices Offer Opportunity for Fiscal ReformsSINGAPORE, April 13, 2015 – Economic growth will ease slightly in developing countries in East Asia and Pacific this year, even as the region benefits... Show More + from lower oil prices and a continued economic recovery in developed economies, according to the East Asia Pacific Economic Update released today by the World Bank.The developing economies of East Asia are projected to grow by 6.7% in 2015 and 2016, slightly down from 6.9% in 2014. China’s growth is expected to moderate to around 7% in the next two years compared with 7.4% in 2014. Growth in the rest of developing East Asia is expected to rise by half a percentage point, to 5.1% this year, largely driven by domestic demand—thanks to upbeat consumer sentiment and falling oil prices—in the large Southeast Asian economies. Several smaller economies, especially commodity exporters such as Mongolia, will see lower growth.“Despite slightly slower growth in East Asia, the region will still ac Show Less -