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Wanted: mass uprising against neoliberal Matrix

A FEW months before the coronavirus shut down the world, Chile exploded against neoliberalism. A World Bank economist, Sebastian Edwards, was on the ground to record the rebellion:..

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Green growth needed for sustainable dev: WB

To implement its vision of upper middle-income country by 2031, Bangladesh will need green growth, which can be achieved through institutional strengthening, regulatory reforms, climate-responsive public and private finance and enabling policy framework, said a new World Bank report launched on Thursday....

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Bangladesh needs green growth to become upper middle-income country by 2031: WB

Bangladesh will need green growth to achieve its vision of upper middle-income country by 2031, which can be achieved through institutional strengthening, regulatory reforms, climate responsive public and private finance and enabling policy framework, says a new World Bank report launched on Thursday...

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Perils and promise of emerging multipolar world

THE World Bank鈥檚 release on May 30 of its latest estimates of national output, up to the year 2022, offers an occasion to reflect on the new geopolitics. The new data underscore the shift from a US-led world economy to a multipolar world economy, a reality that US strategists have so far failed to recognise, accept or admit...

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Reset looms of unfit global monetary system

SINCE 2008, our world has been in a permanent crisis. There is, however, no consensus about the reasons for the constant presence of an economic crisis. Some think that during the past decade or so there have been several crises; others say that these are only different stages of the same crisis...

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World Bank approves $700m for Rohingya crisis in Bangladesh

The World Bank鈥檚 board of executive directors on Wednesday approved two projects totaling $700 million to provide basic services and build disaster and social resilience for both the host communities and displaced Rohingya population in Bangladesh...

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One in four Syrians extremely poor: WB

More than a quarter of Syrians live in extreme poverty, the World Bank said on Saturday, 13 years into a devastating civil war that has battered the economy and impoverished millions...

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Future Lanka leaders need to grasp nettles

THE New Year celebrations this year were low key compared to the past. The loud sound of crackers and other fireworks that traditionally accompany the dawn of the New Year were less than in the past. The economic burden...

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