Sub-Saharan Africa has experienced low economic growth per capita, a very slow decline in poverty incidence, and the number of people living in extreme poverty has been rising steadily. As a…
Sub-Saharan African (SSA) countries, including those in the CEMAC (Economic and Monetary Community of Central Africa) region are endowed with abundant natural resources that hold significant…
On the continent, the importance of the Congo Basin forests cannot be understated. Often called the lungs of Africa, it is the largest carbon sink in the world. The Congo Basin spans across six…
Many Caribbean countries simply do not collect data to measure and monitor poverty and inequality.
Human capital development is essential for sustained and inclusive growth. The wealth of modern nations depends not only on their natural resources: it also depends on their human resources.…
To capture the immediate and ongoing effects of the eruption of the Hunga Tonga-Hunga Ha’apai submarine volcano, the World Bank carried out phone surveys in partnership with the Governments of…
The substantial infrastructure needs in Sub-Saharan Africa cannot be met without sizeable private-sector financing. Anecdotal evidence from a recent IFC study shows improved regulatory frameworks…
Focusing on Kiribati, Tonga and Vanuatu, in late 2020 the World Bank conducted roughly 450 interviews with temporary migrant workers, their families and communities, and their employers. We…
The World Bank Group’s earlier resilience projects and recent support to Tonga’s emergency response and recovery efforts – including a development policy loan of over US$18M – have been vital in…
One objective of fiscal policy is to stabilize a country’s macroeconomic environment. Countercyclical fiscal measures intend to offset the effects of the economic cycle on a country’s economy. For…