The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Weak consumption in the People’s Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along with the lagged effects of previous monetary policy tightening. The region’s high-income technology exporters remain a bright spot, benefiting from …
This white paper examines the current challenges for clean energy infrastructure and identifies solutions that industrial clusters, transport and logistics industries, and the wider clean energy value chain can jointly explore in order to accelerate its deployment. Thirteen new industrial clusters from Australia, Brazil, Colombia, India, the Netherlands, Saudi Arabia, …
The Global Gender Gap Index annually benchmarks the current state and evolution of gender parity across four key dimensions (Economic Participation and Opportunity, Educational Attainment, Health and Survival, and Political Empowerment). It is the longest-standing index tracking the progress of numerous countries’ efforts towards closing these gaps over time since …
Tunisia’s already modest economic recovery almost halted in 2023, amidst a severe drought, tight financing conditions and the modest pace of implementing reforms. With this slowdown, the Tunisian economy in 2023 was still below its pre-Covid level, marking one of the slowest recoveries in the Middle East and North African …
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. …
The Economic Report on Africa (ERA) 2024 presents the case for investing in a just and sustainable transition (JST) while achieving energy access for all. Using country case studies, macro, sectoral and firm evidence, and the findings and recommendations of previous ERA editions, the 2024 report assesses the necessary conditions …
The report forecasts global economic growth to 2.6% in 2024, barely above the 2.5% threshold commonly associated with a recessionary phase. The report says the prevailing focus on inflation overshadows urgent issues like trade disruptions, climate change and rising inequalities. It advocates for structural reforms and coordinated global efforts, proposing …
Developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its resilient growth amid robust domestic demand, improving semiconductor exports, and recovering tourism. Growth will continue at the same rate next year, according to the Asian Development Outlook (ADO) …
Economic growth is expected to rebound in Sub-Saharan Africa, supported by increased private consumption and declining inflation in 2024. However, this positive outlook remains fragile due to uncertain global economic conditions, low fiscal buffers, growing debt service obligation, costly external borrowing, and escalating conflict and violence, which continue to weigh …
The Survey, published annually since 1947, is a flagship publication produced by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). It provides analyses to guide policy discussion on the current and emerging socio-economic issues and policy challenges to support sustainable development in Asia and the …
India remains poised to take advantage of its demographic dividend with strong improvements in education levels, which are a key determinant of accessing better quality jobs. At the same time, youth’s aspirations are evolving, which needs to be matched with the type of employment available in the labour market. These …
The Governor of Meghalaya is pleased to notify the "Meghalaya Industrial and Investment Promotion Policy, 2024" with the objective to serve as a strategic unified framework, drawing investments at regional, national, and international levels. This Policy aims to leverage benefits of Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024 by providing …
After a drop in its Human Development Index (HDI) value in 2021 and following a flat trend over the past few years, India’s HDI value has increased to 0.644 in 2022, placing the country 134 out of 193 countries and territories in the just released 2023/24 Human Development Report (HDR) …
The 20th Tanzania Economic Update (TEU) shows that accelerating a fertility decline has the potential to enable the country to reap the benefits of a demographic dividend, which refers to how improved health and reduced fertility can drive economic growth. When a country experiences better health outcomes and fewer births, …
Digitalization is the transformational opportunity of our time. The digital sector has become a powerhouse of innovation, economic growth, and job creation. Value added in the IT services sector grew at 8 percent annually during 2000–22, nearly twice as fast as the global economy. Employment growth in IT services reached …
Watersheds play a crucial role in sustaining the ecosystem, biodiversity, wildlife, agriculture, and human population by serving as the natural resource base for all forms of life. These natural boundaries of river catchments form a mosaic covering the entire land surface of the earth. Watersheds describe areas of land that …
The Rwanda Economic Update edition 22 reviews the country’s macroeconomic performance and prospects and includes a special section focusing on Mobilizing Domestic Savings to Boost the Private Sector in Rwanda. In 2023, Rwandan economy demonstrated resilience, achieving a 7.6 percent growth in a challenging global environment. This growth was largely …
Africa's Macroeconomic Performance and Outlook is the African Development Bank Group's biannual publication, released in the first and fourth quarter of each year. The publication provides policymakers, global investors, researchers, and other development partners with an up-to-date, evidence-based assessment of the continent's recent macroeconomic performance and short- to medium-term prospects …
Finance Minister presented a “white paper” on the Indian economy in Parliament on February 08, 2024. The document, which has been prepared by the Ministry of Finance, essentially compares the 10-year record of economic governance under the Congress-led UPA governments (between 2004-05 and 2013-14) with the 10-year record of the …
