East Asia and Pacific remains the world’s growth engine despite a challenging external environment, with developing economies growing by 7.2% in 2013. The proportion of people living in poverty in the region has steadily declined—less than 10% of the population lives on $1.25 a day—but much more needs to be done as there are still close to half a billion people living on $2 a day.
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April 16, 2015 — As populations age, the debate over how to manage this demographic trend is heating up. Will it lead to an economic crisis? Or will society benefit from healthy and productive aging? Watch a discussion on how policy and behavioral changes can affect outcomes, good or bad.Read More »
China can save a total $1.4 trillion (15% of last year's GDP) if it builds more efficient, denser cities. A new World Bank-China joint report recommends using those savings to expand social services to all people—including migrants.Read More »