India has achieved much in the last 25 years. Since the early 1990s, when reforms began, growthrates have been higher and more stable, the economy has become more modern and globally integrated,macroeconomic stability has improved, and the average citizen is better educated and lives longer. In...

The Gambia's economy continued to recover in 2022, albeit at a subdued pace in a sluggish global economic environment. Real GDP increased by 4.3 percent (1.8 percent in per capita terms) in 2022, unchanged from 2021, when economic growth was recovering from the COVID-19 pandemic following a...

Das sub-saharische Afrika beginnt sich immer stärker zu differenzieren. Die Spanne zwischen Ländern mit guten wirtschaftlichen Potentialen und besseren Perspektiven und jenen mit allzu langem Reformstau vergrößert sich. Gerade die Gruppe der aufstrebenden Ökonomien zeigt große...

The India Development Update for April 2015 has two main aims. First, it reports on the key developments over the past six months in Indias economy, and places these in a longer term and global context. Based on these developments and on policy changes over the period, it updates the outlook for...

Somalia has a triple challenge of low levels of labor force participation, low productivity, and high levels of poverty. Economic growth in Somalia has been low, subject to shocks; and thus, insufficient for job creation. Shocks to the economy have contributed to forced displacement, a dominance...

Favorable global economic conditions supported a turnaround in economic activity in Sub-Saharan Africa in 2017, easing pressure on weak policy frameworks. Output growth rebounded to an estimated 2.6 percent after decelerating to 1.5 percent in 2016 amid challenging external and domestic...

The rapid technological advancement is now disrupting the global economy and creating new business and development models, offering countries opportunities to leapfrog over traditional paths for economic growth. Over the past years, digital technologies have been spreading throughout the world...