Cabo Verde's economic achievements over the last thirty years have been spectacular and are unprecedented on the African continent. These achievements are remarkable given the unique challenges the country faces due to its small size, lack of scale for production of goods and delivery of...

Bangladesh has maintained its robust growth performance. Exports and remittances have been buoyant. Agriculture had bumper harvests. Overall inflation has slowed as decelerating food inflation offset a pickup in non-food inflation. Monetary expansion has been short of target as private sector...

The World Bank's analysis of cross-country data on human capital indicates that Uganda is underinvesting in the future productivity of its citizens. A child born in Uganda today will onlybe 38 percent as productive when she grows up as she could be if she enjoyed complete education and full...

This report describes the key policies for Mali to succeed leveraging growth with export diversification. For many decades, Mali has been a commodity-dependent country, mainly relying on gold and, to a lesser extent, cotton. However, the experience of other countries, in Africa and other parts...

The rapid technological advancement is now disrupting the global economy and creating new business and development models, offering countries opportunities to leapfrog over traditional paths for economic growth. Over the past years, digital technologies have been spreading throughout the world...

The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the...

The external environment has deteriorated during the first half of 2019, and downside riskspredominate in the near-term. Global GDP growth is projected to decline to 2.6 percent in 2019 from 3 percent in 2018, reflecting broad-based weakness in advanced economies and major Emerging Market and...

Despite its small population and land area, Bhutan is among the most rapidly urbanizing countries in South Asia. While this urbanization parallels robust economic growth and the expansion of job and investment opportunities in cities, there remain challenges to fully leveraging the potential of...

Afghanistan faced severe economic headwinds in 2018, with the economy growing by an estimated 1.8 percent. Slow growth was driven by two major factors. Firstly, severe drought had a strong negative impact on agricultural production. Agricultural growth slowed to 0.8 percent as low snowfall...