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Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...
Persistent link: https://www.econbiz.de/10012646389
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has...
Persistent link: https://www.econbiz.de/10012647400
Russia saw strong growth in 2021, with momentum weakening late in the year. Growth will slow as Russia battles COVID-19 and elevated inflation. Globally, environmental sustainability is becoming central to the economic agenda. The challenge for Russia is to fundamentally transform its economic...
Persistent link: https://www.econbiz.de/10013181668
Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...
Persistent link: https://www.econbiz.de/10012646437
With the COVID-19 pandemic, the development context for the world is fundamentally challenged in many ways. The …
Persistent link: https://www.econbiz.de/10014454199
Trade can dramatically improve women's lives, creating new jobs, enhancing consumer choices, and increasing women's bargaining power in society. It can also lead to job losses and a concentration of work in low-skilled employment. Given the complexity and specificity of the relationship between...
Persistent link: https://www.econbiz.de/10012644298
Even before the COVID-19 pandemic, the world was living a learning crisis. Before the pandemic, 258 million children … learning deficits. All this means that the world was already far off track for meeting Sustainable Development Goal 4, which …
Persistent link: https://www.econbiz.de/10012647071
This retrospective examines how the World Bank's strategic use of climate-related trust funds has enabled it to play an … finance, with a focus on the pioneering role of the Global Environment Facility (GEF) and World Bank carbon funds in spurring … climate change mitigation activities, this report draws lessons and recommendations on how the World Bank and the wider …
Persistent link: https://www.econbiz.de/10012647409
availability of safe and effective vaccines for COVID-19, the World Bank together with WHO, UNICEF, the Global Fund, and Gavi …
Persistent link: https://www.econbiz.de/10012521843
In the face of the global economic crisis caused by the coronavirus (COVID-19) pandemic, the World Bank delivered the …
Persistent link: https://www.econbiz.de/10014247452