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 …
This edition examines environmental sustainability in the world of work. It focuses on how climate change and environmental degradation will impact the labour markets, affecting both the volume and quality of employment, and quantifies the shifts expected to take place within and between sectors.
Fair Progress? Economic Mobility Across Generations Around the World looks at an issue that has gotten much attention in the developed world, but with, for the first time, new data and analysis covering most of the world, including developing economies. The analysis examines whether those born in poverty or in …
Economic growth performance in the Asia-Pacific region continues to improve on the back of firmer global demand and stable inflation. The tasks at hand are to ensure that such economic performance is sustained over time, that it benefits everyone and that any adverse environmental implications are minimal.
Economic growth performance in the Asia-Pacific region continues to improve on the back of firmer global demand and stable inflation. The tasks at hand are to ensure that such economic performance is sustained over time, that it benefits everyone and that any adverse environmental implications are minimal. The Economic and …
This report provides an overview of the key macroeconomic and social developments in Eastern Africa in recent years. With the aim of setting the scene for more in-depth policy discussion, it has also reviewed the major structural changes in the regional economies over the past 10 to 15 years. Countries …
This paper aims to identify the main drivers of poverty reduction in Malawi. Using an augmented poverty decomposition methodology, it explores in what way the different farm and non-farm economic activities contribute to poverty reduction and income growth. The analysis also examines how household occupation and spatial mobility support both …
The Economic Commission for Africa defines structural transformation as the fundamental changes in economic and social structures that advance inclusive and sustainable development This definition addresses three key questions: a) What is structural transformation? It is a fundamental and multidimensional process observed in all countries reaching high levels of development; …
With more than 70 percent of its population living in cities, Latin America and the Caribbean (LAC) is among the most urbanized regions in the world. Yet, although its cities are, on average, more productive than those elsewhere in the world, their productivity lags that of North American and Western …
This Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. The aim of the publication is to foster better-informed policy analysis and debate regarding the key challenges that Malawi faces in its endeavor to achieve high rates of stable, inclusive and sustainable economic growth. …
The Sahel is experiencing rapid and disorderly urbanization. The capital cities of Bamako, Conakry, and Niamey dominate the urban landscape in their respective countries. In each of these three countries, the economic importance of the capital city is enormous. For instance, Bamako represents about 34 percent of gross domestic product …
Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on economic development. This paper identifies the intensity of natural …
Mauritians are the wealthiest individuals in Africa with an average wealth of US$25,700 per person, whilst people in living in Zimbabwe are the poorest with US$200 per person. Interestingly, North African countries such as Algeria, Egypt and Morocco all rank high on the list despite recent instability. Notably, back in …
According to the New Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank, economic growth in Sub-Sahara Africa is projected to pick up at 3.1 percent in 2018, and a firm average of 3.6 percent in 2019 -2020. Augustine T. Tweh, augustine.tweh@frontpageafricaonline.com The …
The Nepal Development Update is produced twice a year with the following two main aims: to report on key economic developments over the preceding months, placing them in a longer-term and global perspective; and to examine (in the Special Focus section) topics of particular policy significance. The Update is intended …
South Asia is again the fastest growing region in the world. And growth should further strengthen to 7.1 percent on average in 2019-20, reflecting an improvement across most of the region. But are countries generating enough jobs? The demographic transition is swelling the ranks of the working-age population across most …
Women, Business and the Law (WBL) measures gender inequality in the law. The dataset identifies barriers to women's economic participation and encourages the reform of discriminatory laws.
The number of South Africa’s poor could be reduced by more than half by 2030 through various combined policy interventions that reduce inequality by creating skilled jobs for the poor and ignite growth by increasing competition, policy certainty and promote skilled migration, according to a recently released World Bank report. …
How large are the benefits of transportation infrastructure projects, and what explains these benefits? This paper uses archival data from colonial India to investigate the impact of India’s vast railroad network. Guided by four results from a general equilibrium trade model, I find that railroads: (1) decreased trade costs and …
China’s Ministry of Foreign Affairs disputed the charge that a Chinese mining company operating in Mozambique has violated environmental laws and harmed the lives of villagers in Nagonha, a coastal town east of Nampula City near the Haiyu corporation’s operations. The report details Haiyu’s heavy sand mining operations, which have …
The annual Asian Development Outlook an alyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. …
