World Bank Group, Switzerland, and Ukraine Roll out Crop Receipts to Expand Access to Finance for Farmers
The World Bank Group and the Swiss State Secretariat for Economic Affairs (SECO) have launched a program that will allow farmers to use crop receipts as collateral for payment. This new financial instrument for Ukraine will make high-quality seeds and...
The transition in the Mexican pensions system to one based on individual defined contribution accounts has increased its financial sustainability
The reforms to the pensions system in Mexico, especially the introduction of a system of individual defined contribution accounts, have significantly improved the system’s financial sustainability.
Kenya Lays Foundation for Strong Growth in a Challenging Environment
Kenya’s economy is expected to grow at 5.4 percent in 2015, recording an improvement over the 2014 growth rate of 5.3 percent, says a new World Bank Group economic report released on October 15. The growth rate in 2016 is projected to be 5.7 percent...
Continued decline in OECD fisheries production erodes trade share, while Asia grows strongly
Parliament approves €401.3 million more for migration
An extra €401.3 million in EU funding to manage the refugee crisis was endorsed by Parliament on Wednesday. The funds, proposed by the EU Commission and approved by Parliament’s Budgets Committee on Monday, would go to the EU countries hardest hit by...
OECD employment rate stable at 66.1% in the second quarter of 2015
Germany: Education unions join in massive protest against EU-US trade deal
South Asia Extreme Poverty Falls, but Challenges Remain
The number of people living in extreme poverty in the South Asia Region is likely to have fallen to 13.5 percent of the region’s population in 2015, according to new World Bank forecasts, giving fresh evidence that South Asia has been an important...
Economic Activity in Turkey Slowing Down as Political Uncertainty Continues, Says World Bank
Despite the expected slowdown in Turkey in the second half of the year, the faster GDP growth in the second quarter leads to revising up growth forecast to 3.2 percent for 2015 according to the World Bank’s Turkey Regular Economic Brief (October) -...
OECD reports wide gaps in well-being across Mexico’s states
Improvements in health, access to basic services and housing have contributed most to raising standards of living of Mexicans over the past 15 years but further advances are needed to bring well-being indicators closer to the average of OECD countries...
