Guinea is a country with a rich historical legacy, abundant natural resources, a privileged geographical location - and a rapidly growing population. A successful political transition and the emergence of a vibrant civil society have helped to ensure ethnic peace and the absence of civil wars in...

The World Bank is sharing the seventh edition of the Economic Update of Madagascar, which presents our analysis for the period up to the beginning of October 2017 and provides our medium-term economic outlook. Despite a challenging start due to two climatic shocks, we project growth at 4.1...

The objective of this Systematic Country Diagnostic (SCD) is to describe the current development challenges facing Sierra Leone and offer a set of priority areas of intervention to further the twin goals of reducing extreme poverty and boosting shared prosperity. The SCD is designed to be an...

This poverty diagnostic documents changes in welfare and living standards in the West Bank and Gaza over the period 2011 to 2017. Since the last poverty assessment for these territories, in 2011, the economic constraints facing them have worsened. The 2011 poverty assessment covered the period...

Global growth is broadly stable but downside risks from rising trade tensions are increasing.A weakening recovery in trade and manufacturing activities is weighing down global growth. Global goods trade has decelerated more rapidly than expected. U.S. tariff s and the retaliatoryresponses of its...

Lebanon is in Crisis. While it is too early to gauge the economic impact of recent events, it is important to note that even prior to the eruption of the demonstrations, the World Bank projected a small recession in 2019; we now estimate that the recession will be deeper. There has been an...

After contracting for four consecutive years since FY2014/15, the economy is estimated to have recovered with a growth rate of 3.2 percent in FY 2018/19. These developments reflect activity in the oil sector, which rebounded strongly, and dividends from the peace agreement, which led to a...

Up to February 2020, Chad's economy continued its gradual, but mild recovery, supported by a substantial increase in oil and agriculture production. Since March 2020, like in the rest of the world, the Coronavirus (COVID-19) pandemic has dramatically changed Chad's macroeconomic outlook. Chad's...

Foreword -- Acknowledgements -- The roaring 2000's in Latin America and the Caribbean and the left behind -- Chronic poverty : concepts and measures -- Five facts about chronic poverty in Latin America and the Caribbean -- Drivers of chronic poverty -- From diagnosis to policies : design...

Sri Lanka is in many respects a development success story. With economic growth averaging more than 7 percent a year over the past five years on top of an average growth of 6 percent the preceding five years, Sri Lanka has made notable strides towards the goals of ending extreme poverty and...