Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions mitigate uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to remain subdued, continuing a decade of disappointing outcomes.
This book examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
International Debt Statistics (IDS) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for the 122 low- and middle-income countries that report to the World Bank Debt Reporting System (DRS).
The Women, Business and the Law Index, composed by eight indicators structured around women’s interactions with the law as they begin, progress through and end their careers, aligns different areas of the law with the economic decisions women make at various stages of their lives. The indicators are: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension.
Drawing on 10 years of data and analysis, this report uncovers new evidence on the regulatory remedies adopted to prevent future financial troubles, it also tracks financial systems in more than 200 economies before and during the global financial crisis and provides information on how banking systems are regulated and supervised around the world.
Drawing from global evidence, literature, and survey data, this volume provides a framework to elucidate issues and trade-offs in UBI with a view to help inform choices around its appropriateness and feasibility in different contexts.
The Women, Business and the Law 2020 study measures 190 economies, tracking how laws affect women at different stages in their working lives and focusing on those laws applicable in the main business city. It covers reforms in eight areas that are associated with women’s economic empowerment.
Global economic growth is forecast to edge up to 2.5% in 2020. Growth in emerging market and developing economies is expected to accelerate this year to 4.1%. This rebound is not broad-based; instead, it assumes improved performance of a small group of large economies, some of which are emerging from a period of substantial weakness.
The World Development Report (WDR) for 2021 will focus on Data for Development. This topic comes at a critical time for development. We find ourselves amid revolutionary changes in how we collect, manage, curate, analyze and use data. It’s claimed that more data was created in 2015 and 2016 than in all previous years combined. Fixed internet traffic is expected to double, mobile internet traffic to quadruple between 2017 and 2021.