Regional growth is projected to slow sharply in 2020, to 0.5 percent—the lowest rate since 1967—reflecting the impact of pandemic-related lockdowns, tighter financing conditions, and a deep…

Ekaterine T. Vashakmadze |

The 2020 pandemic-fueled global recession is expected to be the deepest since World War II.

Justin-Damien Guénette |

Using the newly launched growth forecasts from the Global Economic Prospects , we can update the estimate of the pandemic on global poverty. The new growth forecasts contain two scenarios—baseline…

Daniel Gerszon Mahler, Christoph Lakner, R. Andres Castaneda Aguilar, Haoyu Wu |

Even with policy support, the economic repercussions of the coronavirus pandemic are expected to be long-lasting.

Dana Vorisek |

We must mobilize our boldest response ever to overcome the worst crisis in generations.

Ceyla Pazarbasioglu, Ayhan Kose |

In June 2019, the World Bank Global Economic Prospect emphasized that unsustainable accumulation of public debt has become gradually troublesome in the past years, with incentives often working…

Francisco G. Carneiro, Wilfried A. Kouame |

Economic activity in South Asia decelerated sharply in 2019 amid financial sector issues in India, monetary tightening in Pakistan, and global headwinds to regional exports. Five charts illustrate…

Temel Taskin |

Since 2010, debt in emerging market and developing economies has grown to record highs.

Peter Nagle |

Growth in Europe and Central Asia is expected to firm to 2.6 percent in 2020, after decelerating to a three-year low of 2 percent in 2019, which reflected substantial weakness in trade and…

Collette Wheeler |