A strong and widely acknowledged record of economic success—including a three-and-ahalf- fold increase in per capita income since 1994—places Rwanda among the world’s fastest-growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a...

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...

"Cover" -- "Title" -- "Copyright" -- "Table of Contents" -- "Acknowledgments" -- "Abbreviations" -- "Chapter 1 Global Outlook: A Fragile Recovery" -- "Summary" -- "Major economies: Recent developments and outlook" -- "Global trends" -- "Emerging market and developing economies: Recent...

The economy of the Central African Republic (CAR) grew at a slower pace in 2019 compared to 2018. Still, it grew at 3.1 percent, year-onyear, in 2019, above the average of regional peers (1.6 percent) and countries affected by fragility, conflict, and violence (FCV) (2.7 percent). Despite...

On July 1, 2020, Mauritius officially joined the ranks of High-Income Countries (HIC). It is a cruel historical irony that Mauritius reached the High-Income milestone during one of the worst years in its history. Mauritius delivered a highly successful health response to the global Covid-19...

South Sudan faced significant headwinds in FY2020/21, with the pandemic, floods, and violence flareups affecting economic activities. Consequently, the economy is estimated to have contracted by 5.4 percent in FY2020/21. Oil production declined by 5.9 percent as floods affected production and...