Somalia is today among the poorest and most fragile countries in the world, facing myriad development challenges related to ongoing conflict, climate change, food insecurity, natural disasters, and displacement. Overlapping crises related to the COVID-19 pandemic, a prolonged drought, and...

Le présent Rapport national sur le climat et le développement (CCDR) vise à soutenirles efforts de la RDC pour atteindre ses objectifs de développement dans le contexted'un climat en évolution, en quantifiant les effets du changement climatique surl'économie et en mettant en évidence les...

A large literature has documented that fiscal policy is procyclical in emerging markets and developing economies and acyclical/countercyclical in advanced economies. This paper analyzes fiscal procyclicality in commodity-exporting countries. It first shows that the degree of fiscal...

Corporate priorities, government policies, and public demand are driving companies across the world to improve their environmental and social footprint. In South Africa, the Petco Producer Responsibility Organisation NPC is scaling up the recycling of plastics, while improving livelihoods for...

This evaluation, requested by the Committee on Development Effectiveness of the Executive Board of the International Development Association (IDA), is intended to provide input and insight into the upcoming World Bank-International Monetary Fund (IMF) review of the Low-Income Country Debt...

E-money services have become increasingly popular, particularly in developing countries. These services, offered by providers other than traditional banks, enable customers to deposit, store, transfer value, and, in some cases, convert e-money back into cash. A key e-money service is mobile...

Climate action is critical for development in the Middle East and North Africa (MENA). The region contains countries among the most affected by climate change but least prepared to address it. This report introduces key findings of the World Bank Country Climate and Development Reports (CCDRs)...

The Dominican Republic has made significant progress in boosting economic growth and reducing poverty, but it still faces challenges to achieve inclusive and equitable development, increase productivity, and improve the competitiveness and sustainability of primary sectors like agriculture,...

Global growth is projected to slow significantly in the second half of this year, with weakness continuing in 2024. Inflation pressures persist, and tight monetary policy is expected to weigh substantially on activity. The possibility of more widespread bank turmoil and tighter monetary policy...

Empirical studies of the economic effects of climate change largely rely on climate anomalies for causal identification purposes. Slow and permanent changes in climate-driven geographical conditions, that is, climate change as defined by the Intergovernmental Panel on Climate Change, have been...