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…

Alina Monica Antoci |

The Pink Sheet is a monthly report that monitors commodity price movements.

John Baffes, Maria Hazel Macadangdang |

The increasing food deficit and demand from neighboring countries, such as Nigeria, Niger, and Burkina Faso, have put enormous pressures on the local and regional food markets. The West Africa…

Nazaire Idrissou Houssou, Erick Abiassi, Chakib Jenane |

New World Bank working paper examines if a change in external trade costs, that is, the cost of importing, on economic activity across regions within a country depend on internal trade costs and…

Arti Grover, Kunal Dasgupta |

The World Bank’s Agricultural Raw Material Index has been relatively stable during the past 12 months. However, the prices of its key components, cotton and rubber, have been diverging due to…

John Baffes, Kaltrina Temaj |

The Russian invasion of Ukraine has triggered significant disruptions to the supply of commodities such as energy and food. This blog argues that market adjustments alongside certain government…

John Baffes, Peter Nagle |

When the COVID-19 lockdown measures began, international organizations predicted a massive decline in remittances to developing countries. However, when the first 2020 figures became public…

Lelys Dinarte-Diaz, David Jaume, Eduardo Medina-Cortina |

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 |

Creating new jobs is one of the biggest challenges facing low- and middle-income countries. This blog assesses the short-term impacts of two innovative interventions to enhance private sector…

Michael Grimm, Michael Weber, Sidiki Soubeiga |