The Russia-Ukraine war has disrupted global trade and supply chains, exacerbating the rise in global commodity and food prices. Persistently high global inflation accompanied by tepid growth brings fears of stagflation that could endure for several years. Amidst this environment, the US Federal...

Jordan's economic performance remains tempered in 2017 while the fiscal adjustment is in progress; yet there are positive signs on the horizon. Real GDP growth for 2017 is expected to reach 2.1 percent, just a 0.1 percentage point (pp) increase from 2016. On the supply side, services continue to...

This report seeks to inform the policy dialogue on how to accelerate Paraguay's international economic integration and in turn its medium- and long-term growth prospects. It benchmarks Paraguay's global integration; analyzes trade, investment and competition policies and the quality of related...

The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK -may also be felt in the EU...

As part of the Enhanced Integrated Framework (EIF) program for Trade-Related Assistance to Least Developed Countries (LCDs), which Myanmar joined in April 2013, the Government of Myanmar has asked the World Bank Group (WBG) to be the implementing agency for a Diagnostic Trade Integration Study...

This second edition of the twice-yearly Gulf Economic Monitor describes recent economic developments, near-term prospects, and broader reform priorities in the Gulf Cooperation Council (GCC) countries (The Pulse of the Region). Regional aggregate GDP growth in 2017 weakened to just 0.5 percent,...

Transition to a new world order with more diffuse distribution of economic power is under way. This first edition of a new World Bank flagship report, 'Global Development Horizons 2011', focuses on three major international economic trends: the shift in the balance of global growth from...

The Diagnostic Trade Integration Study (DTIS) update identifies priority actions in support of the Government of Sudan (GOS) commitment to increase trade and diversify the economy. The current study builds on the earlier 2008 DTIS by identifying the major factors holding back the increase of...