Asia’s growth and inflation outlook improves, but risks remain
By Krishna Srinivasan The outlook for Asia and the Pacific in 2024 has brightened: we now expect that the region’s...
World Economy
Sub-Saharan Africa’s growth requires quality education for growing population
Demographic transition may be the biggest single opportunity for the economies of sub-Saharan Africa, but countries will only be able...
Global commodity prices could hurt prospects for lower inflation – W/Bank
…Says M/East conflict could stoke global inflation Omeiza Bilal Global commodity prices are leveling off after a steep descent that...
Global economy remains resilient despite uneven growth, challenges ahead
Pierre-Oliver Gourinchas Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing almost as quickly...
Global crises fracturing foreign investment, impacting developing economies
Global value chains and geopolitical dynamics are affecting foreign direct Investments as well as impacting on developing economies, UN Trade...
Global services export hits $7.9trn in 2023
Omeiza Bilal The UN Trade and Development revealed that world services exports crossed $7.9 trillion in 2023. The amount represents...
W/Bank, AfDB’s partnership to connect 300m to electricity by 2030
Omeiza Bilal The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at...
W/Bank targets 1.5bn people in global health expansion services
Omeiza Bilal The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services...
Industrial policy is not magic cure for slow growth
By Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu Many countries are ramping up industrial policy to boost innovation in specific sectors in the...
The rise and risks of private credit
Private credit has grown rapidly to provide long‐term financing to middle market firms. Private credit offers borrowers a value proposition...
