Finance & Economics | WPN World People News

Croatia experienced economic growth of 2.6% in 2018, and it is expected to remain moderate at an average of 2.5% in the 2019-2021 period, according to the World Bank’s Economic Update for Europe and Central Asia, released on April 5th.

No country is immune to corruption. The abuse of public office for private gain erodes people’s trust in government and institutions, makes public policies less effective and fair, and siphons taxpayers’ money away from schools, roads, and hospitals.

Poland’s economic growth rate is projected to slow to 4.0% in 2019, down from over 5.0% in 2018, according to the World Bank’s latest Economic Update for Europe and Central Asia, released on April 4th.

A view of the city of Bogotá, Colombia.

The case for deeper financial integration in emerging Europe remains strong as the Vienna Initiative marks a decade since its launch as a unique public-private forum that helped the region weather the worst of the global economic crisis.

The World Bank, on March 29, approved $100.5 million to improve public spaces and urban services in four large neighborhoods under the Dhaka South City Corporation benefitting about a million residents.

Low growth prospects for the global economy, slowing demand for steel and virtually unchanged steelmaking capacity are driving severe and persistent excess capacity in the steel sector, the OECD Steel Committee said at the end of its meeting this week. The Committee reiterated the need for capacity reductions in relevant economies and for the removal of subsidies and other support measures that are distorting steel markets.