Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil markets has significantly improved Iraq's economic...

The decline in commodity prices that began with metals and agriculture four years ago—joined by crude oil in mid-2014—continued in 2015Q1 (Figure 1). Energy, metals, and agricultural prices were down 28, 11, and 5 percent, respectively, from the previous quarter. Increasing supplies, bumper...

Liberia had an estimated 4.3 million hectares of forests in 2011, comprising approximately 50 percent of Liberia’s landmass. These forests support very high levels of biodiversity, provide a wide range of ecosystem services (for example, bush meat, medicines, construction materials, and...