The purpose of this Systematic Country Diagnostic (SCD) is to identify the most critical development constraints facing Djibouti and how to make growth more inclusive and sustainable while promoting shared prosperity. The findings and recommendations of the SCD are based on analytical work...

Latin America and the Caribbean (LAC) reported over 30 million Coronavirus (COVID-19) cases and around 960,000 deaths as of May 2021. Official tracking data shows that Brazil, Colombia, and Argentina have the highest number of reported cases throughout LAC, which in turn is the region with among...

Four mutually supportive strategic pillars and related policy priorities would help Kazakhstan continue the structural transformation that stalled during the oil booms, in order to eliminate poverty and build a large and secure middle class: 1. economic management for diversification, to...

Indonesia has seen tremendous progress in poverty reduction over the past couple of decades and, as a result, has made a successful transition from low-income to middle-income country status. As millions have moved out of poverty and extreme poverty, we have also witnessed the rise of...

A decade of rapid economic growth has supported upward mobility and the expansion of the middle class in the Philippines. While the Philippines' record of economic growth has been sound, many East Asian countries have performed better, resulting in higher levels of economic mobility and more...

Energy demand in Arab countries continues to grow at a higher rate than economic growth. Meeting national electricity demand and exploiting their significant renewable energy resources (particularly, solar and wind) in a sustainable manner is a common challenge across all Arab countries. A...

Economic and financial analysis provides the bridge between the identification of technical options and the development of bankable interconnection project proposals to facilitate cross-border electricity trade. The overarching goal of this guidebook is to document a methodology for economic and...

This report provides an overview of current pension challenges and opportunities formembers of the Arab Monetary Fund (AMF)1. There is an urgent need to address pensionissues in the region to address fiscal, macroeconomic, sustainability, equity and welfarechallenges. The report sets out...

Ghana has been a rising growth star and a beacon of hope in West Africa. Strong economic growth over the past two decades led to a near doubling of GDP per capita, lifting the country through the threshold for middle-income status in 2011. GDP per capita grew by an average of 3 percent per year...

The report identifies the need for reforms in five complementary areas to boost recovery, productivity, and economic transformation: 1) business regulatory environment; 2) foreign direct investment (FDI); 3) access to productive finance; 4) innovation and entrepreneurship; and 5) participation in...