The January 2023 Global Economic Prospects (GEP) report warns that the global economy is dangerously close to a recession, with small states particularly the most vulnerable to shocks and economic recovery. In our brand new episode of The Development Podcast, hear from one of the GEP’s lead report authors, Dana Vorisek, the Hon. Tiofilusi Tiueti, Minister for Finance and Tonga World Bank Governor, and Anna Kay, a female-owned restauranteur in Jamaica, as they speak to the impacts of a worsening global economy on already vulnerable states.
Tune in for a replay of this event, which serves as an urgent appeal to practitioners across sectors to champion integrated water storage solutions—natural, built, and hybrid—to meet a range of human, economic, and environmental needs for the 21st century.
Our newest update from January 30 shows that domestic food price inflation remains high around the world, with high inflation in almost all low-income and middle-income countries. The countries affected most are in Africa, North America, Latin America, South Asia, Europe, and Central Asia.
The World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way.
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Food security is defined when all people, at all times, have physical and economic access to sufficient safe and nutritious food that meets their dietary needs and food preferences for an active and healthy life.
Climate change, poverty, and inequality are the defining issues of our age. The World Bank Group is the biggest multilateral funder of climate investments in developing countries.
IDA is the part of the World Bank that helps the world’s poorest countries.
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