Global growth is projected to remain broadly steady over the next two years, easing to 2.6% in 2026 before rising to 2.7% in 2027, an upward revision from the June forecast.
We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...
In this case, developing economies include all those that are not classified as advanced economies. Growth in these territories will hold steady at about 4% over the next two years, according to the ...
The World Bank warned on Tuesday that economic growth in the United States may drop by half this year due to President Trump’s tariffs, and the rest of the world will also see a notable slowdown. The ...
While the world pushes for clean energy, developing economies still rely on fossil fuels, and without major financing, the transition will remain unequal and out of reach. According to Greenpeace, one ...
The global financial safety net is the set of institutions and arrangements that provide lines of defense for economies against external financial shocks. There are three lines of defense in their ...
Developing countries face significant challenges in achieving their primary goals of poverty alleviation, reducing unemployment, and minimizing inequality. It’s shocking that “GREEN” policymakers are ...
Investment is the engine that expands productive capacity, modernizes infrastructure, creates jobs, and drives progress toward development and climate goals. Yet developing economies face an ...
On a recent visit to rural Andhra Pradesh we stopped to buy a cup of tea from a chaiwallah, an informal entrepreneur selling tea by the roadside. After producing a hot cup of masala chai, she gave us ...
In a globalized economy, remittances are a pivotal financial flow for developing economies. These cross-border payments not only support individual livelihoods, but they also help alleviate poverty by ...
Thierry Kalisa started working with new data for real-time economic projections, or “nowcasting,” a decade ago, but the pandemic brought its potential into sharper focus. As a Rwandan finance ministry ...
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges. The adoption of global stablecoins ...