This companion piece to the Fall 2022 ECA Economic Update provides an overview of the policy options available to countries to respond to the energy price shock and examines how this crisis could harness the clean energy transition to enhance collective energy security. The options to support...

The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK -may also be felt in the EU...

As part of the Enhanced Integrated Framework (EIF) program for Trade-Related Assistance to Least Developed Countries (LCDs), which Myanmar joined in April 2013, the Government of Myanmar has asked the World Bank Group (WBG) to be the implementing agency for a Diagnostic Trade Integration Study...

This report seeks to inform the policy dialogue on how to accelerate Paraguay's international economic integration and in turn its medium- and long-term growth prospects. It benchmarks Paraguay's global integration; analyzes trade, investment and competition policies and the quality of related...

This second edition of the twice-yearly Gulf Economic Monitor describes recent economic developments, near-term prospects, and broader reform priorities in the Gulf Cooperation Council (GCC) countries (The Pulse of the Region). Regional aggregate GDP growth in 2017 weakened to just 0.5 percent,...

The Palestinian Territories face significant energy security challenges, already severe in Gaza, but also emerging in the West Bank. In Gaza, the available power supply only meets half the demand leading to rolling blackouts, alternating between 8 hours on and 8 hours off. Although the West Bank...

Since February 2022, geopolitical events have made clear Europe's need to diversify its energy sources and avoid excessive dependence on fossil fuel imports. The drop in Russian natural gas flows to Europe in 2022 marked the single largest supply shock in the history of global gas markets. It...

Jordan's economic performance remains tempered in 2017 while the fiscal adjustment is in progress; yet there are positive signs on the horizon. Real GDP growth for 2017 is expected to reach 2.1 percent, just a 0.1 percentage point (pp) increase from 2016. On the supply side, services continue to...

This new report presents the results of a systematic assessment of the World Bank's 15-year experience with the productive alliance approach adopted by 21 projects in 10 countries across Latin America and the Caribbean. With funding of over United States (U.S.) 1 billion dollar since the early...