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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 lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and...
Persistent link: https://www.econbiz.de/10012644282
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016 … grow at 3.2 percent in 2020. The COVID-19 pandemic has interrupted Somalia's economic recovery. The crisis will have a …. As a result of shutdowns, global supply chains have disrupted imports of consumption and capital goods from Somalia …
Persistent link: https://www.econbiz.de/10012647400
Cities in the developing world are rapidly expanding, boosting countries' economies, reducing poverty, and fueling global prosperity. But as more people, assets, and economic activity become concentrated in cities, and infrastructure struggles to keep up with rapid growth, the risk posed by...
Persistent link: https://www.econbiz.de/10012644866
This report analyses options to make international public climate finance more transformative. The report identifies eight sets of levers to drive climate action: project-based investments, financial sector reform, fiscal policy, sectoral policies, trade policy, innovation and technology...
Persistent link: https://www.econbiz.de/10012647229
The Lao PDR sits at the intersection of four critical ecoregions and is home to some of the world's biologically richest and most endangered terrestrial and aquatic ecosystems and species. The biodiversity endowment is crucial to the Lao economy, as the goods and ecosystem services it provides...
Persistent link: https://www.econbiz.de/10012647310
This report presents the first official debt sustainability analysis undertaken for Somalia. Based on both external and … public debt indicators, Somalia is in debt distress. Total public debt is very high, at dollar 4.8 billion, or 101 percent of … GDP at end-2018-nearly all of which is external (100 percent of GDP). The finding that Somalia is in debt distress …
Persistent link: https://www.econbiz.de/10012646575
In 2006-07, the Water and Sanitation Program-South Asia (WSP-SA) initiated a research toidentify barriers to service delivery for the urban poor. The research included a review ofvarious initiatives from across the globe that have resulted in improved service delivery for theurban poor and...
Persistent link: https://www.econbiz.de/10012645746
Low, and middle-income countries (LMICs) are facing a major challenge in road safety. Each year, 1.35 million people are killed on the worlds' roads, and a further 50 million are injured, with the vast majority of these (over 90 percent) occurring in LMICs. There is an upward trend in road crash...
Persistent link: https://www.econbiz.de/10012646929
This retrospective examines how the World Bank's strategic use of climate-related trust funds has enabled it to play an outsized role in catalyzing climate action worldwide for nearly 30 years. By looking back at the history of climate and carbon finance, with a focus on the pioneering role of...
Persistent link: https://www.econbiz.de/10012647409
More than 1 billion people have lifted themselves out of poverty in the past 15 years, but climate and disaster risks threaten these achievements. Global asset losses from disasters are now reaching an average of more than US
Persistent link: https://www.econbiz.de/10012246883