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 …
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 …
For 2024 to be an exemplary year for the African continent, continental leaders in government and business alike must individually and collectively address and navigate a complex set of domestic, regional and international risks and challenges. This paper starts by providing a snapshot of current growth and development indicators and …
Forced labour in the private economy generates US$236 billion in illegal profits per year, a new report from the International Labour Organization (ILO) has found. The total amount of illegal profits from forced labour has risen by US$64 billion (37 per cent) since 2014, a dramatic increase that has been …
The Government of Nagaland on March 14, 2024, notified the Nagaland Tourism Policy, 2024. In order to implement programmes of the infrastructural development, strengthening promotion and marketing efforts and generating tourism awareness to the general public, and promote Nagaland as sustainable, community-centered tourism, preservation of diverse culture and its natural …
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 …
India's unemployment rate dropped to 3.1 per cent in 2023 from 3.6 per cent in the preceding year, reflecting continued improvement in the labour markets, revealed the latest employment-unemployment indicators report released by the National Statistical Office (NSO). During the calendar year 2023 (CY23), the unemployment rate in both rural …
Women, Business and the Law 2024 is the 10th in a series of annual studies measuring the enabling conditions that affect women’s economic opportunity in 190 economies. To present a more complete picture of the global environment that enables women’s socioeconomic participation, this year Women, Business and the Law introduces …
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 …
The world is getting warmer and natural hazards are becoming more intense, likely bringing higher economic losses in the future. Today, four major weather perils result in expected economic losses of USD 200 billion annually. With more severe weather coming, economic losses are set to rise. The study analysis finds …
India has made a policy choice to prioritize the institutionalization of the SDGs, not to look at sustainable development as a standalone or parallel framework but to make them an integral part of the national thinking about development. This Indian model of SDG localization is built around four foundational pillars: …
After a gap of 11 years, the National Sample Survey Office (NSSO) under the Union Ministry of Statistics and Programme Implementation released data on national household consumption expenditure. The survey aims at generating estimates of household monthly per capita consumption expenditure (MPCE) and its distribution separately for the rural and …
This report provides an account of the evolution of poverty and living conditions in the decade 2012- 2022. It finds that at the national level monetary poverty essentially stagnated while urban poverty, admittedly a much smaller in absolute and relative terms, dramatically increased. In 2022, monetary poverty affected about 75 …
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 …
The Asia and the Pacific SDG Progress Report 2024 is one of the annual flagship publications of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). It provides an overview of SDG Progress in the region which serves as a foundation for many other activities conducted …
This study uses household survey data from 58 countries around the world to compare the labour market outcomes of rural and urban workers, taking into account the specific socio-demographic characteristics of rural populations. It also provides an overview of the legal frameworks that can be used to address rural-urban employment …
Considering the importance of availability of labour force data at more frequent time intervals, National Sample Survey Office (NSSO) launched Periodic Labour Force Survey (PLFS) in April 2017. On the basis of PLFS, Quarterly Bulletins are brought out, corresponding to different quarters of the survey period, giving estimates of labour …
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 …
