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Back to homepageWB, Vietnam Sign US$ 500 Million Loan to Improve Energy Efficiency
Hanoi, November, 2014 – The State Bank of Vietnam and the World Bank today signed a US$ 500 million loan for a US$ 731.25 million operation in support of Vietnam’s energy sector. The investment will fund construction of over 1,000
Read MorePJ O’Rourke: One of the Last of the Gonzo Journalists
A gonzo-style journalist par excellence, PJ O’Rourke will seldom fail to tackle serious societal issues with sarcastic humour and some well-placed digs at authority. Formerly managing-editor of National Lampoon, an avant-garde US satire magazine published from 1970 to 1998, Mr
Read MoreWorking Together to Boost Innovation in Central Europe and the Baltics
Innovation is a critical driver of long-term economic growth and the right public policies are crucial to boost innovation. Through lending projects and advisory services, the Bank is assisting new European Union member states and candidate countries to unlock their
Read MoreExecutives: Smart Carbon Pricing Policies Can Drive Investment in a Cleaner Future
The IPCC’s Fifth Assessment Synthesis Report warns of the need to reduce greenhouse gas emissions by 40 to 70 percent by 2050, on pace for carbon neutrality by the end of the century. Businesses know how to cut emissions and
Read MoreHernando de Soto: Unlocking the Riches of the Poor
Most of the world’s poor may be slightly less destitute than it appears. However, officialdom often unwittingly conspires to keep the modest wealth of the poor – a shack, a building plot, a sewing machine, or marketable skills – locked
Read MoreSet Up for Failure: UK Prime-Minister Approaching Point of No Return
Be careful what you wish for. As UK Prime-Minister David Cameron bravely insists on pushing through far-reaching reforms of the EU labour market – doublespeak for introducing checks on the free movement of people across the union – his yet-to-be
Read MoreUniversity of Chicago Booth School of Business: Questioning the Economic Effects of a Booming Real Estate Market
Strong house price growth fuels economic activity during expansions, and the ensuing slowdown in housing often precipitates severe crashes. Almost every severe economic downturn in advanced economies over the past 85 years was preceded by a real estate boom: Among
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