Finance & Economics

Building Defenses Against the Next Economic Downturn

The global economy faces a number of complex challenges from technological change and globalization, and the lingering effects of the 2008-9 financial crisis. At the same time, we are witnessing lower levels of trust in the core institutions that have...

Preferential tariffs to help Western Sahara to develop

On Wednesday, Parliament backed a proposal to lower tariffs in the territory of Western Sahara to the same level as Moroccan tariffs, to benefit local populations.

World Bank to Help Himachal Pradesh End Water Shortages in Shimla

The World Bank will help the Government of Himachal Pradesh (GoHP) bring clean and reliable drinking water to the citizens of the greater Shimla area, who have been facing severe water shortages and water-borne epidemics over the last few years.

OECD employment rate increases to 68.4% in the third quarter of 2018

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IMF Executive Board Concludes 2018 Article IV Consultation with Finland

On January 11, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Finland.

Thailand’s Human Capital Key to Long-Term Growth and Reduced Inequality, World Bank Says

Amid a global slowdown and elevated trade tensions, the Thai economy is projected to grow by 3.8 percent in 2019 and 3.9 in 2020, according to the World Bank’s Thailand Economic Monitor released on January 16. Investing in human capital and pursuing...

World Bank Group Announces $50 billion over Five Years for Climate Adaptation and Resilience

The World Bank Group launched its Action Plan on Climate Change Adaptation and Resilience, on January15. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing level—an...

China Reports Record Trade Surplus with US, Amid Signs of Slowing Economy

China’s trade surplus with the United States rose dramatically in 2018, despite a tit-for-tat tariff war with the U.S. that has roiled global markets.

Global Economic Prospects: Middle East and North Africa

Growth in the Middle East and North Africa is estimated to have improved to 1.7 percent in 2018, contributed by acceleration in activity of both oil exporters and importers.

Confirmed signs of easing growth momentum in most major economies

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