Economy

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

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 …

Special Economic Zones (Third Amendment) Rules, 2023

The Ministry of Commerce & Industry has notified the Special Economic Zones (Third Amendment) Rules, 2023. An amendment has been made to the Special Economic Zones Rules, 2006. A new rule 29B has been inserted to the existing rules. The rule outlines the procedure for importing, exporting, procuring from or …

Sustainable Development Goals national indicator framework progress report, 2023

This publication ‘Sustainable Development Goals- National Indicator Framework Annual Progress Report, 2023’ contains the latest time series data on the national indicators of SDGs included in the National Indicator Framework (NIF), 2023, which will be helpful in tracking the progress achieved so far at national level in respect of 17 …

Sustainable Development Goals national indicator framework, 2023

India has made significant progress in Sustainable Development Goal indicators but needs to address challenges in certain areas, according to the National Indicator Framework 2023. The report highlights significant gains made in maternal and child health, education, poverty and climate change since 2015-16. The National Indicator Framework tracked 284 indicators …

Nigeria development update: seizing the opportunity

The new administration has initiated critical reforms to address macroeconomic imbalances. This window of opportunity could have a transformative impact on the lives of millions of Nigerians and establish a solid foundation for sustainable and inclusive growth. The removal of the petrol subsidy and foreign exchange (FX) management reforms are …

Transforming our world: interdisciplinary insights on the Sustainable Development Goals

Today's world stands at the crossroads of major global challenges, ranging from poverty and inequality to climate change and environmental degradation. These pressing issues underscore the essential role of sustainable development in forging a prosperous, equitable, and peaceful future for all. Building on the insights and findings of SDSN Senior …

Algeria economic update, Spring 2023: winds remain favorable

This Algeria Economic Update reports on the main recent economic developments and policies. It places them in a global and longer-term context and assesses the implications of these developments and policy changes for Algeria’s economic prospects. The report is intended for a broad audience, including policymakers, business leaders, financial market …

The state of commodity dependence 2023

A country is dependent on the export of commodities (or “commodity-dependent”) when its merchandise exports are heavily concentrated on primary commodities. The source of commodity dependence can be linked to a country’s persistent or structural conditions, such as its resource endowment and factor composition, institutional framework, geographic situation, history among …

Sustainable development report 2023

The Sustainable Development Report (SDR) reviews progress made each year on the Sustainable Development Goals since their adoption by the 193 UN Member States in 2015. At the halfway mark to 2030, the Sustainable Development Report 2023 takes stock of progress made and discusses priorities to restore and accelerate SDG …

Global gender gap report 2023

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 …

Increasing cooperation for sustainable development: imperatives for India’s G20 Presidency

This paper highlights the imperatives for India’s G20 Presidency for promoting development cooperation towards the achievement of the Sustainable Development Goals (SDGs). Given its unique development cooperation model—more precisely, its development partnership model—India can utilise its G20 presidency to push the sustainability agenda. This will help bridge the North-South divide …

The African growth and opportunities act: a review of its benefits, limitations, utilization, and results

The Generalized System of Preferences (GSP) was proposed in 1964 at the first quadrennial conference of the United Nations Conference on Trade and Development (UNCTAD), which has a lengthy association with trade preferences as a tool of development. Like the GSP, the African Growth and Opportunities Act (AGOA) and other …

The future of work in the context of population ageing in Asia and the Pacific

This paper deals with the diverse landscape of demographic and labour market trends in the region, and puts them in context with emerging trends and developments – repercussions of the COVID-19 pandemic, the transition toward a green economy, the Fourth Industrial Revolution and the impact of and responses to climate …

2023 Gender Social Norms Index (GSNI)

This UN report revealed no improvement in the level of prejudice shown against women over the past decade, with almost nine out of 10 men and women worldwide, still holding such biases. Gender bias is a pervasive problem worldwide. The Gender Social Norms Index (GSNI) quantifies biases against women, capturing …

Kenya economic update: securing growth - opportunities for Kenya in a decarbonizing world

With a GDP growth at 4.8 percent in 2022, economic performance softened after the strong rebound from the COVID-19 crisis at 7.5 percent in 2021. The growth rate, however, has remained in line with Kenya’s long-term growth trajectory, even though the economy faced challenging global financial conditions, fuel, and food …

Global economic prospects, June 2023

Global growth is projected to slow significantly in the second half of this year, with weakness continuing in 2024. Inflation pressures persist, and tight monetary policy is expected to weigh substantially on activity. The possibility of more widespread bank turmoil and tighter monetary policy could result in even weaker global …

Liberia economic update: getting rice right for productivity and poverty alleviation

In the last two years, Liberia’s economic performance has improved. Inflation remained in single digits despite high global food and fuel prices and a relaxation in monetary and fiscal policies. Liberia’s poverty rate is projected to have declined slightly in the last two years as GDP growth rebounds and inflation …

Seventh Ghana economic update: price surge - unraveling inflation’s toll on poverty and food security

A combination of domestic imbalances and external shocks in 2022, led to macroeconomic challenges in Ghana. The year was marked by currency depreciation, rising inflation, and tumbling investor confidence. Pre-existing fiscal vulnerabilities such as mounting debt burden, a rigid budget weakened by high energy sector costs and chronically low public …

Equatorial Guinea economic update: reforming fossil fuel subsidies

This is the first edition of the Economic Update for Equatorial Guinea. This report presents recent economic developments in Equatorial Guinea as well as the medium-term economic outlook and risks (Chapter 1), followed by a detailed exploration of a specific topic (Chapter 2). This edition focuses on fuel subsidies and …

Monitor on the world of work

Mutually reinforcing crises, including rising debt levels, are disproportionately affecting developing countries, worsening the global employment divide between high-income and low-income countries and widening existing inequalities exacerbated by the COVID-19 pandemic, says this new ILO report. While global unemployment in 2023 is expected to fall below pre-pandemic levels – to …

Periodic Labour Force Survey (PLFS) – Quarterly Bulletin [January – March 2023]

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 …

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