This blog is a biweekly feature highlighting recent working papers from around the World Bank Group that were published in the World Bank’s Policy Research Working Paper Series. This entry…

Marcelo Buitron, Policy Research Working Paper team |

Food-import bills are surging fastest for poor countries that are already in debt distress. The danger of an overlapping food and debt crisis is greatest those at high risk of debt distress or…

Marcello Estevão |

Food markets have been wildly disrupted by the war in Ukraine (Ruta, 2022; Espitia et al. 2022). Export restrictions have made a bad situation worse, contributing to food scarcity and higher food…

Alvaro Espitia, Nadia Rocha, Michele Ruta |

The worst global food crisis in a decade was one of the top issues discussed at the 12th ministerial meeting of the World Trade Organization last month. It is a crisis made worse by the growing…

Mari Elka Pangestu, Axel van Trotsenburg |

Today, 4.4 billion people— just over half the world’s population—live in cities. In just the next three decades, two out of every three people on the planet will live in cities. Cities are the…

Juergen Voegele |

Earlier this month, I had an opportunity to visit the World Bank-UNHCR Joint Data Center on Forced Displacement (JDC) in Copenhagen, Denmark. The UNHCR has just documented a record 100 million…

Soukeyna Kane |

This blog analyses the consequences of an energy shock on global growth. It puts the current rise in energy prices into historical context, presents model-based estimates of its growth impacts,…

Justin-Damien Guénette, Jeetendra Khadan |

Developing countries are at a critical crossroads. They are facing multiple, overlapping, and compounding crises from the lingering COVID-19 pandemic, growing impacts of climate change, economic…

Ed Mountfield |

The World Bank’s latest forecasts, published today, reflect a sizable downgrade to the outlook: global growth is expected to slow sharply from 5.7 percent in 2021 to 2.9 percent this year.

David Malpass |

In recent months, however, the war in Ukraine has led to a rise in coal use, as a short-term replacement of Russian oil and gas. But in the medium term, both advanced and developing economies will…

Michal Rutkowski, Elizabeth Ruppert Bulmer |