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...
World Economy
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...
UN climate chief calls for “quantum leap in climate finance
Agency Report The head of the United Nations climate body, Simon Stiell, said a “quantum leap” in climate finance is...
W/Bank: Despite high potential, 75 vulnerable economies face ‘historic reversal’ –
Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening...
Georgieva to serve second term as IMF Managing Director
Agency Report The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing...
World must prioritize productivity reforms to revive medium-term growth
The world economy faces a sobering reality. The global growth rate—stripped of cyclical ups and downs—has slowed steadily since the...
Sluggish growth delaying economic recovery in emerging Europe, Central Asia – W/Bank
Economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as...
Global oil demand to grow by 108 MMbpd by 2030 – Report
Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a new report highlighting the organization’s view that it does...
Nigeria, S/Africa, Angola economies to grow by 3.4 % in 2024 – W/Bank
Omeiza Bilal The World Bank states that growth in Sub-Saharan Africa economies will rebound in 2024, rising from a low...
If interest rates remain higher for longer, homeowners will likely feel their effects as mortgage rates adjust
Central banks have raised interest rates significantly over the past two years to combat post-pandemic inflation. Many thought this would...
