Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. …
This year’s African Economic Outlook from the African Development Bank shows that the continent’s general economic performance continues to improve. Gross domestic product reached an estimated 3.5 percent in 2018, about the same as in 2017 and up from 2.1 percent in 2016. Africa’s GDP growth is projected to accelerate …
The first decade of the Democratic Republic of the Congo’s (DRC) post-conflict reconstruction period (2004-2013) was marked by an unprecedented economic growth in per capita gross domestic product (GDP) of 3-4% per year, but was this ‘peace dividend’ translated into widespread poverty reduction within the Congolese population? This working paper …
The diseases afflicting the African population are responsible for a substantial loss in health, estimated at 704 765 879 DALYs in 2015 alone. In the WHO African Region, total losses amounted to 629 603 271 DALYs. Out of that total, 416 671 978 DALYs (59.1%) were from communicable, maternal, perinatal …
The World Business Council for Sustainable Development (WBCSD) launched the third version of the India Water Tool (IWT), helping businesses and other water users understand their water risks and plan solutions for water management across the country. IWT3.0 is a comprehensive and user-friendly application that makes water data from government …
Beyond the Gap: How Countries Can Afford the Infrastructure They Need while Protecting the Planet aims to shift the debate regarding investment needs away from a simple focus on spending more and toward a focus on spending better on the right objectives, using relevant metrics. It does so by offering …
As cities grow, the negative effects of congestion start to play their part, often affecting the cities' ability to become and remain competitive. Although many studies have focused on these negative effects, the links between pollution and city competitiveness are less explored. This paper focuses on this relationship, particularly the …
The 2019 edition of BP’s Energy Outlook, explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a …
Sri Lanka is facing a challenging macroeconomic landscape. The post-conflict high growth momentum has decelerated. A volatile global environment and structurally weak competitiveness continue to weaken growth and external sector performance. High interest costs mask limited fiscal improvement. While outlook remains stable conditional on political stability and reform implementation, the …
This country diagnostic assessment seeks to strengthen financial preparedness for disasters in Fiji, focusing on insurance and other risk transfer instruments. It explores the current application of disaster risk financing solutions by the government, businesses, and individual households; related demand and supply constraints; and opportunities for improvement. The assessment forms …
Public funding in India in the field of research and development for neglected diseases has increased significantly by Rs 135 crore since 2009, says a new report. The report conducted by G-Finder a project that tracks and reports on global investments into research and development (R&D;) for neglected diseases which …
While South Africa’s new education policy aims to equip poor and working-class citizens with the skills needed for today’s job market, the latest economic update for the country shows that its implementation could negatively affect the national budget. Announced in December 2017, the policy offers free tertiary education to 90% …
India will continue to remain the world’s fastest-growing large economy in 2019 as well as in 2020, much ahead of China, a UN report said. According to the UN’s World Economic Situation and Prospects (WESP) 2019, India’s GDP growth is expected to accelerate to 7.6% in 2019-20 from an estimated …
The International Maritime Organization’s initial strategy on reduction of greenhouse gas emissions from ships stipulates that the international shipping sector should assess the impacts on states prior to adoption of the mitigation measures included in the strategy. This assessment should be undertaken as a matter of urgency, and disproportionately negative …
India, the world’s fourth-largest greenhouse gas emitter, has pledged to reduce its emissions intensity per unit gross domestic product (GDP) by 33 to 35 percent below 2005 levels by 2030 through its Nationally Determined Contribution (NDC). The Energy Policy Simulator, a System Dynamics computer model, can estimate the impacts of …
Bhutan has a strong track record of reducing poverty and boosting shared prosperity, primarily supported by the state, which has played a large role in the country's development accomplishments.Growth has been driven mainly by the public sector through hydropower development. State dominance is also reflected in the existence of a …
Are poor macroeconomic outcomes primarily the result of economic policies, or of deeper underlying state fragility problems in sub-Saharan Africa? Attempt to answer this question by using carefully specified dynamic panel regression techniques to show how state fragility conditions help to explain the differences in the macroeconomic performance of sub-Saharan …
Ethiopia’s real gross domestic product (GDP) growth, while still strong, decelerated to 7.7 percent in FY2018. A slowdown in industrial growth, mainly driven by lower growth in construction due to foreign exchange shortages and higher prices of imported construction materials, coupled with weaker performance of the manufacturing and the agriculture …
India is committed to contributing to the global low carbon growth agenda. By 2030, India intends to reduce the emissions intensity of its GDP by 33% to 35% from 2005 levels by focusing on diversifying and growing its energy portfolio to reduce its carbon emissions and support the sustainable growth …
India is committed to contributing to the global low carbon growth agenda. By 2030, India intends to reduce the emissions intensity of its GDP by 33% to 35% from 2005 levels by focusing on diversifying and growing its energy portfolio to reduce its carbon emissions and support the sustainable growth …
In 2017, the warmest year on record of years without the occurrence of El Niño, and a year with normal global economic growth, the increase in global greenhouse gas emissions resumed at a rate of 1.3% per year, reaching 50.9 gigatonnes in CO2 equivalent. This was mainly due to emissions …