Cote d'Ivoire is at a crossroads. Despite good progress over the last decade, recent global economic and health shocks have aggravated existing problems including lack of fiscal space, limited access to concessional and cheap financing, and a fragile political neighborhood. But Cote d'Ivoire now...

Economic Diversification in the DRC is hindered by a business environment and key regulatory and fiscal constraints that are not conducive to private sector-led growth. Policies aimed to address the main bottlenecks hindering sustainable and inclusive growth include: i) improving business...

In the context of weakening global demand, growth in the Western Balkans decelerated over the course of 2022 and into 2023. Against the background of the lasting effects of shocks from Russia's invasion of Ukraine, sticky inflation, and tighter financial conditions, global demand has been...

The Cambodia Country Climate and Development Report (CCDR) provides analysis and recommendations on how Cambodia can achieve sustained development while responding to climate change and the low-carbon transition. Cambodia has high development aspirations, aiming to become an upper-middle-income...

Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with...

Mauritius's economy has grown dramatically since the country's independence in 1968, and its rapid development offers a powerful example for developing economies worldwide. However, growth dynamism has waned in recent years. In addition, Mauritius was hard-hit by the COVID-19 pandemic and...

Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5.2 percent y/y in the first three quarters of 2023, driven by demand for services, resilient manufacturing investment, and public infrastructure stimulus. The initial phase of...