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Growth and Stability During Crises

In his speech, “Growth and Stability During Crises,” World Bank Group President David Malpass will discuss the challenges facing development policy, including the need for macroeconomic stability, the importance of private capital to international integration, and the increasing need to support global public goods. The live-streamed speech, taking place Thursday, March 30th at 9:30am EDT, will be hosted by the Abdou Moumouni University of Niamey, Niger.

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Food Security

Latest Food Security Update

Our latest update from March 23 shows that domestic food price inflation remains high in almost all low-, middle-, and high-income countries. Since the last update on March 9, 2023, the agricultural, cereal, and export price indices closed 3 percent, 2 percent, and 2 percent lower, respectively.

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New Report

Global Economy’s “Speed Limit” Set to Fall to Three-Decade Low

The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. A World Bank report—Falling Long-Term Growth Prospects: Trends, Expectations, and Policies—shows that an ambitious policy push can boost productivity, ramp up investment, and harness the potential of the services sector.

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In 2022, the global average score on the World Bank’s Women, Business and the Law index rose just half a point to 77.1—indicating women, on average, enjoy barely 77 percent of the legal rights that men do. At the current pace of reform, in many countries a woman entering the workforce today will retire before she will be able to gain the same rights as men, the report notes. This year, 18 countries enacted 34 reforms, the lowest number of reforms in 20 years. But more than half of all reforms captured were implemented in the Sub-Saharan Africa region by seven economies. Learn More.


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