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...

Understanding forced displacement and developing effective solutions requires closing several critical gaps in the data. With forced displacement rising worldwide, the body of work on displacement is growing rapidly. Data on internally displaced persons (IDPs) are particularly problematic, as...

Understanding forced displacement and developing effective solutions requires closing several critical gaps in the data. With forced displacement rising worldwide, the body of work on displacement is growing rapidly. Data on internally displaced persons (IDPs) are particularly problematic, as...

Somalia has remained on a strong economic reform path despite the various global and exogenous shocks that have continued to buffet the economy. Recurrent climate-related shocks, such as cycles of droughts, floods, locusts' infestation, higher international commodity prices, as well as increased...

International trade can promote efficiency, knowledge diffusion, technological progress, and-what ultimately matters most-inclusive growth and poverty reduction. Boosting export competitiveness is inextricably linked with rebuilding the productive sectors of Somalia's economy, generating jobs...

This paper is the first joint country study conducted by the United Nations and the World Bank aimed at translating into practice the principles of the United Nations Security Council (UNSC) Resolution 2250, through direct and local engagement with young people and their communities in one of...

Somalia's economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and 2017, real annual GDP growth averaged 2.5 percent. Growth occurred despite adverse weather conditions that severely reduced agricultural output in late 2016 and early 2017. For...

To sustain its positive trajectory, Somalia needs to break out of its dual development trap, where inadequate resources and minimal trust in government are preventing the state from providing the public goods and services necessary to consolidate its legitimacy, while large periodic shocks (such...

Somalia is on the path to political and security stabilization after more than two decades of civil war and conflict. Opportunities to ensure a development trajectory face many challenges since the country remains a fragile state subject to multiple shocks. Widespread poverty and food insecurity...

The economy is recovering slowly from drought, but Somalia continues to face significant challenges.The Somali economy rebounded in 2018 from the 2016/17 drought.Public finances continued to strengthen in 2018.Credit to the private sector grew rapidly in 2018, and Somalia's financial sector...