This report - the first phase of a programmatic Iraq country economic memorandum (CEM) is structured around the themes of revenue management and economic diversification. These themes accord with the economic challenges faced by Iraq in the medium term but contrast with the short-termism of...

This edition of the Kazakhstan Country Economic Update (CEU) is part of a semi-annual series designed to monitor socio-economic developments in Kazakhstan. It presents a concise analysis of political, economic and social developments, as well as a progress report on structural reform...

This report contains an assessment of the approach that the Republic of Chad has adopted or plans to adopt to enhance the benefits generated by the exploitation of its petroleum resources, and to manage the economic and social impact of such exploitation in a sustainable and equitable manner....

Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil markets has significantly improved Iraq's economic...

Collusive agreements among competitors create unmitigated harm. When competitors agree to limit competition, id est to form economic cartels, the poor pay up to 50 percent more for essential goods, growth is stymied as competitiveness and productivity declines, and public policies become less...

Latin America and the Caribbean (LAC) reported over 30 million Coronavirus (COVID-19) cases and around 960,000 deaths as of May 2021. Official tracking data shows that Brazil, Colombia, and Argentina have the highest number of reported cases throughout LAC, which in turn is the region with among...

The maximizing finance for development (MFD) approach can be implemented to close the financing gap in the water and sanitation sector in Latin America and the Caribbean, helping the region in getting closer to achieving sustainable development goal (SDG 6), particularly if emphasis is put on...

The COVID-19 pandemic represents the largest economic shock the world economy has witnessed in decades, causing a collapse in global activity. Nevertheless, there are signs that global activities are stabilizing, and have picked up in many large emerging markets and developing economies (EMDEs)....

Water security is a matter of increasing concern across the world and Latin America and the Caribbean (LAC) is no exception. With rapidly growing demands for water and increasing variability due to climate change, ensuring water access to all users and mitigating water-related risks should be at...

Efficient energy services are essential for economic growth, competitiveness, and human development. Globally, energy markets are undergoing a transformation: fossil fuel prices are responding to new and unpredictable dynamics, and new energy and information and communication technologies (ICT)...