The Development Economics Group (DEC) increases understanding of development policies and programs by providing intellectual leadership and analytical services to the World Bank and the wider development community. DEC is the premier research and data arm of the World Bank.
Read More »
The private sector can be an important driver for growth and rising prosperity in the Middle East and North Africa (MENA) if effective policies are put in place to address key challenges across the region, says a new Report.
The World Bank is downgrading its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows.