Now, think small

Article Abstract:

Governments of poor countries can help ease poverty by allowing informal and formal institutions to operate efficiently, according to a World Bank report. In many poor countries, it is costly and time-consuming to set up in business or open a bank account, and this bureaucracy hinders growth.

Economic policy, Developing countries

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Selling the state

Article Abstract:

The World Bank's study of the economic effects of privatization of 12 formerly state-run firms in Britain, Chile, Malaysia and Mexico reveals that net gains were produced in all but one of the deals. In many cases, the employees of such firms themselves have benefited from privatization.

Editorial, Research, Mergers, acquisitions and divestments, Privatization, Privatization (Business), Government business enterprises, Public enterprises

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How poor is China? New research suggests that poverty in China is more widespread, and the economy much smaller, than previously thought

Article Abstract:

China has been viewed as a fast-rising economic power with a huge potential market, but a report by the World Bank has revised previous figures and decreased the country's economic estimates by 25%. The report also indicates that about one third of the population is living in poverty.

China, Poverty

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