The economic setbacks of the COVID-19 pandemic resulted in the largest increase in global extreme poverty in decades. Global poverty has now receded to levels closer to those prior to the pandemic…

Nishant Yonzan, Daniel Gerszon Mahler, Christoph Lakner |

Harnessing technological change and expanding its high-skill service sector will be critical to continued economic growth in the Philippines – and perhaps will allow it to achieve its 2040…

Souleymane Coulibaly |

In countries challenged by fragility, conflict, and violence (FCV), the private sector is key to accelerating economic growth, as it can play an instrumental role in providing jobs and income to…

Tahir Akbar, Kabeer Dawani |

Economic policies over past years and decades have had negative impacts on living standards, the private sector and the environment, driving a deep crisis that is hitting ordinary Pakistanis…

Tobias Haque |

The world’s 28 poorest countries are facing growing social, economic, and political distress, owing to rising debt burdens, diminishing development prospects, and chronic underinvestment. The…

Indermit Gill, M. Ayhan Kose |

Global poverty estimates were updated today on the Poverty and Inequality Platform (PIP). As explained in more detail in the What’s New document, a total of 63 new surveys were added to the PIP…

Samuel Kofi Tetteh Baah, R. Andres Castaneda Aguilar, Carolina Diaz-Bonilla, Tony Fujs, Christoph Lakner, Minh Cong Nguyen, Martha Viveros |

A groundbreaking new report, completed with support of the World Bank, provides the Dominican Republic’s first-ever regional accounts aligned with international standards for the System of…

Jose Pablo Valdes Martinez, Shwetha Grace Eapen |

Uttar Pradesh, India’s most populous state, leads the nation in terms of agricultural production, yet average farmer incomes are low because of smaller land holdings and lower levels of technology…

Manoj Kumar Singh, IAS, Saroj Kumar Jha |

The conditions and circumstances of people across the world cannot be boiled down to only national averages. Within the same country, economic development can be unbalanced, with some regions…

Judy Yang, Minh Cong Nguyen, Carlos Sabatino |

Myanmar's transition to an open market economy in 2011 led to significant gains in GDP per capita and poverty reduction.

Sutirtha Sinha Roy |