. As we said in this month’s Global Economic Prospects report, for the first time since the financial crisis, the World Bank is forecasting that the global economy will be operating at or near full capacity. We anticipate growth in advanced economies to moderate slightly, but growth in emerging markets and developing countries should strengthen to 4.5% this year.
Editor's Note: Below is a viewpoint from Chapter 6 of the Foresight Africa 2018 report, which explores six overarching themes that provide opportunities for Africa to overcome its obstacles and spur inclusive growth. Read the full chapter on the changing nature of Africa's external relationships here.
. The compact brings together interested African countries with the World Bank Group, the International Monetary Fund, the African Development Bank, and other multilateral and bilateral partners to develop and support policies and actions that are essential for attracting private investment. To date, 10 countries have signed up for the initiative and outlined their aspirations and reform programs under a framework adopted by the G-20 finance ministers in March 2017.
2018 is here, and we hope your new year is off to a positive start! Thank you for being a part of the global movement to help end poverty. For every like, share, “heart”, retweet, you name it, thanks for engaging with our content!
Every year brings new highlights, challenges, and priorities, and 2017 was no different.:
Twitter:for themselves or their loved ones. So unsurprisingly, you showed strong support for #HealthforAll during the Universal Health Coverage Forum in December.
What's one big reason families around the world fall into #poverty? #Health expenses. To reach the #globalgoals, we must achieve #HealthforAll. Join us at #UHCForum https://t.co/fl9GYMMBeH pic.twitter.com/LEAkSpeffQ— World Bank (@WorldBank) December 10, 2017
We were also very impressed to see how strongly you feel about preserving our planet. During last month’s One Planet Summit, several of you replied to the news of the World Bank’s announcement on phasing out financing of oil and gas exploration, with positivity. For example @RalienBekkers said: “Great, everyone should follow”:
Many of you agreed that women shouldn’t be restricted from doing some jobs, just because they are women:
: climate change, natural disasters, poverty, water scarcity, food insecurity, global displacement, conflict and violence. These are not the kinds of challenges that will go away on their own—they feed off one another and flourish. The world is responding with the Sustainable Development Goals (SDG), which lay out a road map to building a more inclusive, peaceful and prosperous world—a better world.
The 2030 Agenda for Sustainable Development rightfully points out that sustainability has three dimensions: economic, environmental, and social. The first two are well understood and well measured.
Economic sustainability has a whole strand of literature and the World Bank and IMF devote a lot of attention to debt and fiscal sustainability in their reports. Just open any Article 4 consultation or any public expenditure review and you will find some form of fiscal or debt sustainability analysis.
The same can be said about environmental sustainability. Since Cancun (COP16), countries prepare National Adaptation Plans, and since COP 21, they have prepared Nationally Determined Contributions (NDCs) which focus on domestic mitigation measures to address climate change.
On World Refugee Day, we pay tribute to faces of resilience – mothers, fathers, husbands, wives, and children, who fled horrific circumstances as refugees, but who continue to strive every day to rebuild their lives with dignity.
As the number of people displaced by conflict climbs to historic highs, it’s easy to lose sight of the faces behind the statistics. But recently, there’s been a sea change in how the world is managing this crisis – by putting people first, and making it possible for refugees to work or go to school and become self-reliant as an integral part of their host country’s development story.
В развитых странах ожидается ускорение экономического роста до 1,9 процента в 2017 году, что благотворно скажется на положении их торговых партнеров. На фоне благоприятных глобальных условий финансирования и стабилизации цен на сырье экономический рост в странах с формирующимся рынком и развивающихся странах, в целом, достигнет в этом году 4,1 процента по сравнению с 3,5 процента в 2016 году. Вместе с тем, эти перспективы омрачаются серьезными факторами риска, к числу которых относятся возможность ужесточения торговых ограничений, неопределенность в области торговой, налогово-бюджетной и кредитно-денежной политики, а в более долгосрочном плане – хронически низкие показатели производительности и прироста инвестиций.
Скачать доклад «Перспективы мировой экономики» за июнь 2017 года (на английском языке).
В 2017 году темпы роста мировой экономики должны повыситься до 2,7 процента, как и прогнозировалось ранее. В странах с формирующейся рыночной экономикой и развивающихся странах (СФРРС) экономический рост, как ожидается, будет заметнее, чем в развитых странах, и составит 4,1 процента.
Рост мировой экономики
Os ministros das Finanças do G20 reuniram-se na semana passada na Alemanha para analisar os desafios prementes que a economia global enfrenta, desde as mudanças climáticas, passando pela migração até as emergências humanitárias como o desabrochar da fome em partes da África Subsaariana e do Médio Oriente.
Saí dos encontros encorajado pelo compromisso partilhado de lidar com essas questões importantes. Informei como o Grupo Banco Mundial está a trabalhar para providenciar pelo menos US $ 1,6 biliões para os países afetados pela fome, alocando fundos para ajudar os mais vulneráveis.
Between the social, political, and economic upheavals affecting our lives, and the violence and forced displacement making headlines, you’d be forgiven for feeling gloomy about 2016. A look at the data reveals some of the challenges we face but also the progress we’ve made toward a more peaceful, prosperous, and sustainable future. Here are 12 charts that help tell the stories of the year.
1.The number of refugees in the world increased.
Forcibly Displaced" offers a new perspective on the role of development in helping refugees, internally displaced persons and host communities, working together with humanitarian partners. Among the initiatives is new financial assistance for countries such as Lebanon and Jordan that host large numbers of refugees., up from 60 million the year before. More than 21 million were classified as refugees. Outside of Sub-Saharan Africa, most refugees live in cities and towns, where they seek safety, better access to services, and job opportunities. A recent report on the "
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Ending poverty is within our reach. The percentage of people living in extreme poverty has more than halved since 1990, thanks to the sustained efforts of countless individuals, organizations and nations.