Despite an initial surge in COVID-19 cases, cross country data suggests that Turkey containedrelatively quickly the spread and worst health effects of the virus. As in other countries, however, continued vigilance is essential to sustain this fragile trend. Turkey's pandemic response may offer...

Guinea-Bissau's massive economic potential has not so far translated into better livelihoods for its population. Growth per capita has averaged less than 1 percent per year over 2000-2019. This chapter provides an in-depth analysis of the factors behind the economic stagnation. An interplay of...

As the second largest African oil producer, Angola had unsustainable government expenditures in effect until 2014 due to the drop in international oil prices. The Government responded with a comprehensive reform program including the gradual elimination of most fuel subsidies and an extension of...

This paper investigates the impact of World Bank development policy operations on the quality of economic policy during the period 1998-2015. A new theoretical framework distinguishes among three effects that have been conflated hitherto: (a) marginal impacts of additional policy actions within...

Eruptions of Popular Anger: The Economics of the Arab Spring and Its Aftermath sets out to answerthree puzzles-the "Arab inequality" puzzle of civil uprisings in countries with low-to-moderateand stagnant economic inequality, the "unhappy development" paradox of increasing dissatisfactionat a...

After a sharp fall in 2017, economic growth in MENA is projected to rebound to 3.1 percent in 2018, thanksto the positive global outlook, oil prices stabilizing at relatively higher levels, stabilization policies andreforms, and recovery and reconstruction as conflicts recede. The outlook for...

Developing EAP grew slightly faster than anticipated in 2017. The growth of regional GDP excluding China is forecast to accelerate in 2018, while China's GDP growth is expected to moderate as the economy keeps rebalancing. Major downside risks include volatility associated with faster than...

Despite some financial turbulence, growth in developing East Asia and Pacific (EAP) was resilientduring the first half of 2018. The growth outlook for the region remains positive. After peaking in2017, growth in developing EAP is expected to slow modestly in 2018, as China's economicexpansion...