Nepal made significant progress on poverty and shared prosperity over the period 1996-2010, despite low domestic growth. With consistently high rates of vulnerability and exposure to a range of shocks, the risk of falling back into poverty has remained an enduring feature of the welfare...

This report documents the progress South Africa has made in reducing poverty and inequality since the end of apartheid in 1994, with a focus on the period between 2006 and 2015. The main conclusions are as follows: First, by any measure, South Africa is one of the most unequal countries in the...

The outlook for the global economy has darkened amid elevated trade tensions. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Global growth is projected to moderate from a downwardly revised 3 percent in 2018 to 2.9...

This report sheds light on the extent to which earnings mobility and inequality of opportunity in access to the labor market have contributed to the increase in earnings inequality in Mauritius. Among the most important concerns about rising inequality is a situation where people become trapped...

The previous decade in Egypt was marked by major internal and external shocks that have surely had severe implications for the evolution of the population's welfare. In recent years, social, political, and economic changes have transformed the landscape of the Egyptian society. On January 2011,...

The objective of this Systematic Country Diagnostic (SCD) is to identify the priority constraints Bolivia faces in sustaining its gains on reducing poverty and enhancing shared prosperity over the next years. It will analyze the dynamics behind the progress achieved in the past decade on...

The Lao economy is estimated to have grown at around 7 percent in 2016, a slight moderation from 7.4 percent in the previous year. Inflation pressures remain low, though prices increased faster in the second half of the year as oil prices recovered. The fiscal deficit widened significantly in...