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.
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.
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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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.
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