Global economic prospects 2022
The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market
Economic Development
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China economic update 2021: rebalancing act, from recovery to high-quality growth
To achieve quality growth over the medium-term, China will need to rebalance its economy across several dimensions, according to Rebalancing Act, From Recovery to High-Quality Growth, the latest China
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Coal lock-in in Southeast Asia: an analysis of existing and planned coal-fired capacity in Southeast Asia
In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire them within 15 years through an energy transition mechanism
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Economic Development in Africa Report 2021: reaping the potential benefits of the African continental free trade area for inclusive growth
The African Continental Free Trade Area (AfCFTA) could reduce COVID-19-induced growth contraction, poverty and inequality trends and spur sustainable and inclusive growth on the continent if stronger support
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Uganda economic update: putting women at the center of Uganda’s economic revival
Uganda’s economic recovery will be faster, stronger, and more sustainable if it brings more women into the center of profitable economic activity, according to the 18th edition of the Uganda Economic Update
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Afghanistan socio-economic outlook 2021-2022: averting a basic needs crisis
Already the poorest country in Asia, Afghanistan’s economic base has long been too small to support its population of 40 million. Annual per capita income had declined from US$650 in 2012 to US$508 in
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Beyond India @75: growth, inclusion and sustainability
There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and
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Kenya economic update: from recovery to better jobs
The Kenya Economic Update (KEU) is a World Bank report series produced twice a year that assesses recent economic and social developments and prospects in Kenya, and places these in a longer-term and global
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Malawi economic monitor: addressing macro and gender imbalances
After several months of low COVID-19 case numbers, Malawi is facing a fourth wave. While an increasing share of the global population is protected by vaccines, only about 6.5 percent of the population
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The spending challenge of achieving the SDGs in South Asia: lessons from India
South Asia has experienced significant progress in improving human and physical capital over the past few decades. Within the region, India has become a global economic powerhouse with enormous development