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9781464811456 Academic Inspection Copy

Riding the Wave

An East Asian Miracle for the 21st Century
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Developing East Asia has shown how rapid and broadly shared growth can lift millions out of poverty. But inclusive growth is not assured. This book is about how countries in the region can confront challenges such as a growing concentration of income and wealth, limited access to social services, and rapid aging to achieve inclusive growth.
The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.
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