Finance & Economics | WPN World People News

Labor, taxation and social welfare policies in countries around Europe and Central Asia must be brought into the 21st century to tackle rising inequality between groups and help workers face increased uncertainty, says a new World Bank study.

The economy in Gaza is collapsing, suffering from a decade long blockade and a recent drying up of liquidity, with aid flows no longer enough to stimulate growth according to a new World Bank report. The result is an alarming situation with every second person living in poverty and the unemployment rate for its overwhelmingly young population at over 70 percent.

High Level Event on Youth2030 to launch the United Nations Strategy and the Generation Unlimited Partnership.

The APSA was established by the member states of the African Union as a long-term response to the peace and security challenges on the African continent. Through the APSA, the African Union and regional level organisations have access to tools which help them prevent, manage and resolve conflicts.

By reducing man-made trade barriers, trade within South Asia can grow three times, from $23 billion to $67 billion, says a new World Bank report. Bangladesh has the potential to more than double its trade with South Asian countries. Increased regional trade can accelerate Bangladesh’s growth and create more jobs for men and women.

The World Bank has approved its first loan to strengthen the finances and operations of Nepal’s energy sector, so it can deliver reliable, affordable and sustainable power to the Nepali people.

The risk of job automation is much higher in some regions than others within countries, meaning governments will need to address any widening of job inequality between one area and another in the coming years, according to a new OECD report.

Canada has shown a renewed engagement in global development in the last few years. This now needs to translate into concrete action to increase aid flows and ensure that development co-operation is effective and coherent, according to a new OECD Review.