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 Economic Survey identifies several levers for furthering wealth creation: entrepreneurship at the grassroots as reflected in new firm creation in India’s districts; promote “pro-business” policies that unleash the power of competitive markets to generate wealth as against “pro-crony” policies that may favour incumbent private interests. The Survey makes the …
Africa’s economic growth has stabilized at 3.4 percent in 2019 and is expected to pick up to 3.9 percent in 2020 and 4.1 percent in 2021 but to remain below historical highs. Growth’s fundamentals are also improving, with a gradual shift from private consumption toward investment and exports. For the …
The World Social Report 2020 examines the impact of four such megatrends on inequality: technological innovation, climate change, urbanization and international migration. Technological change can be an engine of economic growth, offering new possibilities in health care, education, communication and productivity. But it can also exacerbate wage inequality and displace …
The costs related to nature loss are now emerging as unanticipated business risks and systemic risks to economies says this new report by WEF. If not dealt with in a forceful way, we will fail to achieve the SDGs. The World Economic Forum is launching a series of New Nature …
India has been ranked very low at 76th place out of 82 countries on a new Social Mobility Index compiled by the World Economic Forum, while Denmark has topped the charts. The report, released ahead of the 50th Annual Meeting of the WEF, also lists India among the five countries …
The global economy has suffered a significant slowdown amid prolonged trade disputes and wide-ranging policy uncertainties. While a slight uptick in economic activity is forecast for 2020, the World Economic Situation and Prospects 2020 warns that economic risks remain strongly tilted to the downside, aggravated by deepening political polarization and …
Women, Business and the Law 2020 tracks how the law affects women at various stages in their lives, from the basics of transportation to the challenges of starting a job and getting a pension. This year’s study shows that progress is being made, with all regions improving their average scores. …
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions mitigate uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to …
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions mitigate uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to …
This report, Jobs of Tomorrow: Mapping Opportunity in the New Economy, takes an in-depth look into the 'black box' of new job creation, reviewing the shifting focus of employment to emerging professions of the future, the reasons behind it and what skills will be required by these professions. Over the …
Climate change is already having substantial physical impacts at a local level in regions across the world; the affected regions will continue to grow in number and size. Since the 1880s, the average global temperature has risen by about 1.1 degrees Celsius with significant regional variations. This brings higher probabilities …
With Malawi’s economic growth recovering and single digit inflation, the Government has a key opportunity to rein in fiscal deficits and reduce domestic debt. If it can better control domestic debt levels, the Government could increasingly move towards creating the conditions for the private sector to increase investment, which can …
Nigeria continues its recovery from the 2016 recession, sustaining an estimated 2 percent growthrate in 2019. The collapse of global oil prices during 2014–16, combined with lower domestic oil production, led to a sudden slowdown in economic activity. Nigeria’s annual real GDP growth rate, which averaged 7 percent from 2000 …
The market-driven agricultural transformation of the global food system requires all, directly and indirectly, participating actors to compete efficiently and to adapt to changes in consumer demand and buyer requirements. Regarding product quantity and quality, smallholders, in particular, have to increase their reliability in order to be able to compete …
Malnutrition, which encompasses both undernutrition and overnutrition, presents a significant human capital as well as economic development challenge across most ASEAN Member States.A healthy, well-nourished, well-educated and skillful population provides the foundation for a productive life and enables future workers to compete in the dynamic labor markets of digital economies. …
The 1997–1998 Asian financial crisis and the 2008–2009 global financial crisis emphasized the need for international cooperation in responding to systemic failure in an increasingly globalized financial system. As previous crises demonstrated, adequate financial safety net arrangements—globally, regionally, and nationally—are vital to safeguard financial stability and enhance resilience across Asia …
Unprecedented transformation is required to achieving the Sustainable Development Goals and safeguarding the global commons. The global community called the private sector to step-in with bold action and new frontier investments. such ambitious investments will be significantly unlocked by a combination of private and public sources; blended finance is a …
Africa’s vast development needs provide ample opportunity for impact investments, which aim not only to generate a financial return for investors but also to have a positive social and environmental effect, says the Africa Impact Report 2019, launched by the Public Investment Corporation (PIC) and Impact Investing SA. The report, …
This working paper is a contribution to the FOLU 2019 report, Growing Better: Ten Critical Transitions to Transform Food and Land Use. The paper answers four questions: Why are forests critical to economic development and human well-being? What public sector measures could conserve and restore forests? Why haven’t these public …
Gender inequality in Africa remains high, and progress toward gender parity has stagnated. This is a large missed opportunity for African societies and for the continent’s growth prospects. If Africa steps up its efforts now to close gender gaps, it can secure a substantial growth dividend in the process. Accelerating …
