"The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many...

Global Economic Prospects 2010: Crisis, Finance and Growth presents the World Bank's latest short-term forecasts. In addition, the report presents evidence that the financial boom played a critical role in the growth boom experienced by developing countries between 2003 and 2007, but that...

The world economy is emerging from the throes of a historically deep and synchronized recession provoked by the bursting of a global financial bubble. The consequences of the initial bubble and the crisis have been felt in virtually every economy, whether or not it participated directly in the...

This budget brief presents a summary of developments in Myanmar's public finances. This report includes two sections that cover the aggregate fiscal update and public finance developments in core service delivery ministries. The report relies on data obtained from published reports of the...

The overall impact of financial globalization on the domestic financial sector is profound. Liberalization of capital flows has effectively made domestic financial repression obsolete. The consequences have not been uniformly favorable. Following liberalization, domestic interest rates in...

The Small Area Estimation (SAE) of poverty in Rural Bhutan was prepared with an objective to provide a more disaggregated picture of poverty in Bhutan down to the gewog level, based on the Bhutan living standard survey 2007 and Population and Housing Census of Bhutan (PHCB) 2005. The report...