Research and Publications

The fourth edition of Global Findex - the world's most comprehensive database on financial inclusion - offers a lens into how people accessed and used financial services during COVID-19, when mobility restrictions and health policies drove increased demand for digital services of all kinds. Published every three years since 2011, Findex is the only global demand-side data source allowing for global and regional cross-country analysis to provide a rigorous and multidimensional picture of how adults save, borrow, make payments, and manage financial risks. The Global Findex is an indispensable resource for financial service practitioners, policymakers, researchers, and development professionals.

The world economy continues to suffer from a series of destabilizing shocks. After more than two years of pandemic, the Russian Federation’s invasion of Ukraine and its global effects on commodity markets, supply chains, inflation, and financial conditions have steepened the slowdown in global growth. In particular, the war in Ukraine is leading to soaring prices and volatility in energy markets, with improvements in activity in energy exporters more than offset by headwinds to activity in most other economies. 

For thousands of years, migration has been a source of social and economic well-being for people living on different shores of the Mediterranean Sea. Whether through higher earnings for migrants, access to labor for receiving countries, or remittances for sending communities, migration has been an important driver of development in the Mediterranean region. The COVID-19 (coronavirus) pandemic has severely disrupted this complex web of movements, raising questions about whether migration will continue to be an important driver of the region’s well-being. As time passed, it became clear that the drivers of migration are so strong that mobility restrictions can only reduce movements, not halt them entirely. Building Resilient Migration Systems in the Mediterranean Region: Lessons from COVID-19 presents evidence on the implications of the COVID-19 pandemic on mobility in the region to inform policy responses that can help countries restart migration safely and better respond to future shocks.

The COVID-19 pandemic has exposed the upsides and downsides of international trade in medical goods and services. Open trade can increase access to medical services and goods (and the critical inputs needed to manufacture them), improve quality and variety, and reduce costs. But excessive concentration of production, restrictive trade policies, supply chain disruptions, and regulatory divergence can jeopardize the ability of public health systems to respond to pandemics and other health crises. This report, coordinated by Nadia Rocha and Michele Ruta at the World Bank and Marc Bacchetta and Joscelyn Magdeleine at the WTO, provides new data on trade in medical goods and services and medical value chains; surveys the evolving policy landscape before and during the pandemic; and proposes an action plan to improve trade policies and deepen international cooperation to deal with future pandemics.

Where Is the Value in the Chain? Pathways out of Plastic Pollution aims to support policy makers in their efforts to address plastic pollution. By examining the economic and financial implications of plastic management, the report provides key recommendations on how to create a comprehensive approach to addressing plastic pollution and to help policy makers make informed decisions for plastic pollution management. The report brings together new evidence from three analytical undertakings

International economic integration offers unexploited opportunities to Latin America and the Caribbean. This report studies how the region’s countries can leverage trade agreements to promote their economies’ participation in global value chains (GVCs).The gaps between potential and actual GVC integration follow from the region’s Economic fundamentals, such as geography, market size, institutions, and factor endowments. But policy choices matter as well. The report, based on new data and evidence, shows that trade agreements can drive policy reforms and help the region overcome some of its disadvantageous fundamentals.