Climate variability and resource scarcity pose an increasing threat to the growth and competitiveness of industry, and nowhere is this issue more significant than in the world's emerging economies. Governments and industry must work together to tackle this challenge. The World Bank Group's...

The internationalization of the Ecuadorian economy is necessary if the country is to successfully adopt a development model led by the private-sector. The Ecuadorian government is seeking to accelerate growth and sustain social progress by giving greater prominence to the private sector; it does...

This report stems from the work initiated in the Systematic Country Diagnostic (SCD) forUzbekistan in May 2016, which identified the quality of job creation as a central, cross-cuttingtheme. The SCD emphasized that "over the medium term, creating high-productivity, high-paying jobs for...

Since its independence in 1991 and until prior to the global financial crisis (GFC) in 2008-09, Armenia was considered an important success story among the transition economies. Indeed, over several years, the country displayed a record of sustained macroeconomic achievements, reflected in high...

The World Bank Economic Update provides an overview of recent economic and social developments and policies in China. Economic activity in China remains resilient, with GDP growing by 6.9 percent in 2017 and 6.8 percent year on year (yoy) in the first quarter of 2018. Consumption continues to...

This is a semi-annual report series on recent economic developments and economic policies in the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia). The report looks at the economic performance and outlook for the Western Balkans region and specific...

This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world of 'digital finance and digital economy' and to support economic development. The report...

Jordan's economy achieved a relatively strong rebound, registering 2.2 percent growth in 2021. The nascent recovery was led by a broad-based expansion of the services and industrial sectors, while the rebound in the travel and tourism also exceeded expectations. This robust economic recovery was...

Real GDP growth decreased to an estimated 1.9 percent in FY23, the lowest rate since FY20 and substantially below the 10-year average growth rate. Monetary tightening and the effects of import restrictions contributed to the slowdown. Economic activity was particularly subdued in the industry...

This study aims to explore ways in which key competencies of the oil and gas industry could be leveraged to support the diversification of the Chadian economy. The analysis focused on identifying opportunities and prioritizing core competencies in specific segments of the oil and gas value chain...