Global megatrends such as income inequality, climate change, demographic shifts, technological progress, and urbanisation are shaping the future of societies. Yet, their quantitative impacts on development are neither well understood nor established. This paper examines the individual and combined effects of these global forces on poverty, using both cross-section and …
Nature-based Solutions (NbS) have the power to tackle biodiversity loss, climate change and poverty in an integrated way, so their appeal to governments, businesses and civil society groups is understandable. If done well, Nature-based solutions could hold the key to cost-effective ways of protecting, sustainably managing, and restoring ecosystems, while …
EU member states must ensure careful and efficient implementation of economic recovery plans that support inclusion and growth to bounce back from the worst impacts of the COVID-19 pandemic, says a new World Bank report. The World Bank’s latest EU Regular Economic Report – entitled Inclusive Growth at a Crossroads …
This compilation of Ceres2030 full body of research encompasses the Summary Report as well as the economic modeling that shows how much it would cost to end hunger, increase incomes and protect the climate by 2030, while assessing the best way to spend money across dozens of agricultural interventions in …
The Covid-19 pandemic crisis and the security situation continue to undermine the Nigerien economy, wiping out years of hard-won gains in poverty reduction. A number of fiscal policy options are, however, available to help the country enhance public expenditure efficiency and increase its GDP by up to 2%. These are …
The thirteenth edition of the South Africa Economic Update, Building back better from COVID-19, with a special focus on jobs, examines how supporting young entrepreneurs could be one of the ways the country could address, unemployment, among its other pressing social challenge in an environment of weakened economic growth. The …
Order of the High Court of Madhya Pradesh in the matter of Omnarayan Sharma Vs State of Madhya Pradesh & Others dated 06/07/2021. The matter related to corruption/illegality committed in construction of toilets under Swachh Bharat Mission. A resident of village Etahar, district Bhind had registered a complaint on the …
This paper reconstructs the full welfare distributions from household surveys of 160 countries, covering 96.5 percent of the global population, to estimate the pandemic-induced increases in global poverty and provide information on the potential short-term effects of income-support programmes on mitigating such increases. Crucially, the analysis performs a large-scale simulation …
Kenya has managed to reduce income and social inequalities in the last two decades amid policy and legislative reforms that encouraged inclusive growth and greater access to basic services like health, water, sanitation and health, says a report launched. The Inequality Trends And Diagnostic in Kenya 2020 report compiled by …
Somalia has a triple challenge of low levels of labor force participation, low productivity, and high levels of poverty. Economic growth in Somalia has been low, subject to shocks; and thus, insufficient for job creation. Shocks to the economy have contributed to forced displacement, a dominance of jobs outside of …
This report explores the links between disaster impacts and poverty levels in select countries in the Europe and Central Asia region. When a disaster strikes, it not only affects households’ physical assets, but also their income levels and ability to contribute to the local economy. Critically, these socio-economic disparities shape …
The Supreme Court of India June 29, 2021 directed all states and Union territories (UT) to implement the ‘One Nation One Ration Card’ scheme for the benefit of migrant workers by July 31, 2021. It also asked them to bring in an appropriate scheme for distribution of dry ration to …
Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels …
This paper provides an evaluation of the social and economic impacts of the COVID-19 pandemic on least developed countries (LDCs) in Asia and the Pacific. Drawing on analysis and estimates from various regional and national sources, this paper finds that these impacts are large relative to the number of COVID-19 …
Zambia and Zimbabwe have experienced food security emergencies of varying severity, mainly caused by drought and floods in some areas. Like several countries in Africa and elsewhere, the two countries have developed and used Strategic Grain Reserves (SGR) to cope with food emergencies and other functions to ensure the availability …
ierra Leone’s economy is projected to recover from the COVID-19 contraction with real GDP expected to rebound by 3.0 percent in 2021, an upward revision of 0.8 percentage point relative to the 2020 forecast, according to the new World Bank Sierra Leone Economic Update. The growth rebound reflects the expected …
In 2020 the Nigerian economy shrank by 1.8%, its deepest decline since 1983. The COVID-19 crisis drove the economic slowdown; the external context was marked by capital outflows, intensified risk aversion, low oil prices, and shrinking foreign remittances. The Nigeria Development Update Resilience through Reforms states that reforms implemented by …
Agriculture is a key sector of the Gambian economy and contributes to 17% of GDP and 30-40% of export earnings. It employs almost half (46%) of the workforce and is the source of income for 80% of the rural population. Economic performance is improving, without translating into a reduction in …
Order of the Gauhati high court in the matter of Syeda Mehzebin Rahman Vs Union of India & Others dated 14/06/2021. The matter related to assistance in the form of food grains and other materials to people living in slums and other areas. The High Court directed the Secretary, District …
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a …
The Ugandan economy is recovering from a sharp contraction due to the COVID-19 (coronavirus) shock that had slowed growth to its lowest pace in over three decades. Real GDP growth is estimated to reach above 3 percent during FY21, following the modest recovery of 0.7 percent in the first half …
