Strong economic growth continued in 2014-15, but the drought slowed down Ethiopia's growth to 8 percent in 2015-16. Exports have had their worst performance in the last decade and the current account balance remained large. Inflation is remarkable stable given the recent drought and even...

Despite decades of impressive economic growth, tax revenues in the Dominican Republic (DR) remain well below the regional average. The DR's tax base is extremely narrow, with extensive exemptions, deductions, zero-ratings, and allowances across all major tax categories. Tax expenditures amounted...

Several key policy documents guiding the broader education sector to align with European Union (EU) standards have recently been adopted in Serbia. However, a range of challenges have made it difficult for new policies and the systems they propose to be implemented. The gap between policy...

Due to frequent domestic and external shocks, Niger is one of the poorest countries in the world. Located in a sub-region repeatedly challenged by security threats such as the Libyan conflict, the Mali crisis and the Boko Haram armed attacks, the Nigerien economy is exposed to severe climate...

Disability-inclusive development directly responds to the World Bank's twin goals of ending extreme poverty and promoting shared prosperity. Disability and poverty are inherently linked, with persons with disabilities having poorer health outcomes; lower education achievements; less economic...

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...

Recent policy measures have contributed to macroeconomic stability. However, with significant risks stemming from both domestic and external fronts, the balance of risks is tilted towards downside. To sustain growth, create more and better jobs and reduce poverty Sri Lanka needs to implement and...

Promoting early labor market success of workers has increasingly become an important economic and social development aim internationally, as exemplified by the 2030 United Nations (UN) Sustainable Development Goals related to youth employment. Many low-income countries, including Nepal, are in...