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 African Development Bank Group (AfDB) is delighted to present the 5th edition of Africa Tourism Monitor, which highlights travel and tourism as one of the fastest-growing and most interconnected sectors in the global economy. This year’s theme centers on AfDB’s High 5s, where examine “Tourism as a Pathway to …
This paper proposes an assessment of African countries’ growth patterns through the identification of acceleration episodes. About two-thirds of African countries have experienced at least one growth acceleration episode since the 1950s. In some cases, accelerations hardly contributed to long-term growth, as they led or lagged a crisis episode, but …
Given the increasing importance of governance in economic development and the yearning for Africa to catch up, the present paper provides a concise review of the literature relevant to the region. First, it presents stylized facts showing that Africa as a region, since about the late 1990s, substantially improved its …
This paper investigates the distributional changes that limited pro-poor growth in the past two decades in Sub-Saharan Africa; these changes went undetected by standard inequality measures. By developing a new decomposition technique based on a nonparametric method -- the relative distribution -- the paper finds a clear distributional pattern affecting …
Agriculture accounts for 70 percent of employment, overwhelmingly on small farms; occupies half of all land area, and provides half of all exports and one-quarter of GDP in Uganda. It is considered a leading sector for future economic growth and economic inclusion in the current National Development Plan. Yet despite …
Global migration has lifted millions out of poverty and boosted economic growth, a new World Bank report finds. But destination countries risk losing out in the global competition for talent and leaving large gaps in their labor markets by failing to implement policies that address labor market forces and manage …
As countries integrate the SDGs into their domestic development priorities and plans, the value which South-South and Triangular Cooperation (SSC/TrC) initiatives can potentially add to efforts intended to end poverty, achieve gender equality, and support sustained and inclusive economic growth seems to be widely underestimated. Similarly, the fact that many …
The goals and targets of the 2030 Agenda for Sustainable Development will guide development policy action over the coming years, in the pursuit of a revitalised Global Partnership for Sustainable Development. The eradication of poverty is among the most prominent of the Sustainable Development Goals, and the challenge of poverty …
Despite recent softening, global economic growth will remain robust at 3.1 percent in 2018 before slowing gradually over the next two years, as advanced-economy growth decelerates and the recovery in major commodity-exporting emerging market and developing economies levels off, the World Bank said. Activity in advanced economies is expected to …
In order to explore the potential co-evolution of agricultural transformation and energy transition in Rwanda, and to highlight the trade-offs and synergies between them, SEI and the Albertine Rift Conservation Society (ARCOS) have undertaken participatory scenario-building activities using SEI’s energy and water planning tools: Long-range Energy Alternatives Planning (LEAP) and …
Individuals do escape poverty during periods of overall rise in the poverty rate; they also transit into poverty during periods of overall decline in the poverty rate. A static poverty estimate drawn from independent cross surveys tends to obscure these details because it is unable to provide information on individual …
The European Bank for Reconstruction and Development (EBRD) become the first MDB to support the Task Force for Climate-related Financial Disclosures (TCFD), EBRD and the Global Centre of Excellence on Climate Adaptation (GCECA) have published a report providing recommendations for companies to integrate climate impacts into their investment decisions. The …
The aim of The State of African Cities 2018: The geography of African investment report is to contribute to development policies that can turn African cities into more attractive, competitive and resilient foreign direct investment (FDI) destinations. Attracting global FDI is highly competitive and crosses various geographic scales, therefore regional …
Recent policy measures have contributed to macroeconomic stability. However, with significant risks stemming from both domestic and external fronts, the balance of risks is tilted towards downside. To sustain growth, create more and better jobs and reduce poverty Sri Lanka needs to implement and sustain structural reforms to improve competitiveness. …
The report emphasizes the importance of breaking the cycle of inequitable investment in human capital and lack of well-paying job opportunities that trap the poor in poverty, generation after generation. Children from poor households start life at a disadvantage. Malnourished and stunted, with poor access to quality health care, they …
Overall, the economy has been performing well, with growth estimated at 4.2 % in 2017 and projected at 5.0 % in 2018, according to the latest edition of the World Bank’s Madagascar Economic Update. The report looks at the recent economic developments and presents medium-term outlook for the country. It …
Images of thousands of African youth drowning in the Mediterranean, propelled by poverty or conflict at home and lured by the hope of jobs abroad, have fed a misleading narrative that migration from Africa harms rather than helps the continent. The latest edition of the UNCTAD flagship Economic Development in …
This health impact assessment framework serves as a guide to manage health risks and impacts in economic zones of the Greater Mekong Region and address transboundary issues associated with human migration. Across the Greater Mekong Subregion (GMS), there are over 500 special economic zones (SEZs) and industrial zones located near …
The Atlas of Sustainable Development Goals 2018 is a visual guide to the trends, challenges and measurement issues related to each of the 17 Sustainable Development Goals. The Atlas features maps and data visualizations, primarily drawn from World Development Indicators (WDI) - the World Bank’s compilation of internationally comparable statistics …
The Atlas of Sustainable Development Goals 2018 is a visual guide to the trends, challenges and measurement issues related to each of the 17 Sustainable Development Goals. The Atlas features maps and data visualizations, primarily drawn from World Development Indicators (WDI) - the World Bank’s compilation of internationally comparable statistics …
