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Book

World Development Report 2021 : Data for Better Lives

World Bank

Today’s unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And yet much of the value of data remains untapped. Data collected for one purpose have the potential to generate economic and social value in applications far beyond those originally anti ...

Today’s unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And yet much of the value of data remains untapped. Data collected f ...

Today’s unprecedented growth of data and their ubiquity in our lives are signs that the data revolution is transforming the world. And yet much of the value of data remains untapped. Data collected for one purpose have the potential to generate economic and social value in applications far beyond those originally anticipated. But many barriers stand in the way, ranging from misaligned incentives and incomp ...

Mar 24, 2021
Speech

World Bank Group Press Conference at the 2021 Spring Meetings, April 7, 2021

Malpass, David

David Malpass, President of the World Bank, discussed vaccines, climate, and debt. The World Bank commitments grew a record amount both in percent terms and dollar terms in 2020. The Bank is providing financing for several of the countries and they can be large-scale programs, but the countries are working to arrange d ...

David Malpass, President of the World Bank, discussed vaccines, climate, and debt. The World Bank commitments grew a record amount both in percent terms and dollar terms in 2020. The Bank is providing ...

David Malpass, President of the World Bank, discussed vaccines, climate, and debt. The World Bank commitments grew a record amount both in percent terms and dollar terms in 2020. The Bank is providing financing for several of the countries and they can be large-scale programs, but the countries are working to arrange delivery schedules from the various vaccine providers. That will be an important part of th ...

Apr 07, 2021
Speech

Building a Green, Resilient, and Inclusive Recovery

Malpass, David

World Bank Group President David Malpass acknowledged the importance of the United Kingdom within the World Bank Group. He spoke about the Coronavirus (COVID-19) which descended on the poor like wildfire. He highlighted the Bank's approach to the interlinked crises of green, resilient, inclusive development (GRID). The ...

World Bank Group President David Malpass acknowledged the importance of the United Kingdom within the World Bank Group. He spoke about the Coronavirus (COVID-19) which descended on the poor like wildf ...

World Bank Group President David Malpass acknowledged the importance of the United Kingdom within the World Bank Group. He spoke about the Coronavirus (COVID-19) which descended on the poor like wildfire. He highlighted the Bank's approach to the interlinked crises of green, resilient, inclusive development (GRID). The World Bank is working to help countries build “Country Platforms” to engage with wider gr ...

Mar 29, 2021
Corporate Report

IDA18 Retrospective : Investing in Growth, Resilience, and Opportunity through Innovation

International Development Association

The landmark 18th Replenishment of the International Development Association (IDA18) featured significant innovation, substantial delivery, and flexibility to respond to urgent country needs, including COVID-19. Paradigm shifts in IDA18 signaled a significant change for IDA. Dedicated Windows address targeted developm ...

The landmark 18th Replenishment of the International Development Association (IDA18) featured significant innovation, substantial delivery, and flexibility to respond to urgent country needs, includi ...

The landmark 18th Replenishment of the International Development Association (IDA18) featured significant innovation, substantial delivery, and flexibility to respond to urgent country needs, including COVID-19. Paradigm shifts in IDA18 signaled a significant change for IDA. Dedicated Windows address targeted development needs to complement country allocations....

Apr 09, 2021
Serial

Living with Debt : How Institutions Can Chart a Path to Recovery in Middle East and North Africa

Gatti, Roberta; Lederman, Daniel; Nguyen, Ha M.; Alturki, Sultan Abdulaziz; Fan, Rachel Yuting; Islam, Asif M.; Rojas, Claudio J.

Economies in the Middle East and North Africa (MENA) remain in crisis. The World Bank estimates the regional output to have contracted 3.8 percent in 2020 and expects it to rebound by only 2.2 percent in 2021. The regional output is expected to be 7.2% below where it would be in 2021 without the pandemic. The region’s ...

Economies in the Middle East and North Africa (MENA) remain in crisis. The World Bank estimates the regional output to have contracted 3.8 percent in 2020 and expects it to rebound by only 2.2 percent ...

Economies in the Middle East and North Africa (MENA) remain in crisis. The World Bank estimates the regional output to have contracted 3.8 percent in 2020 and expects it to rebound by only 2.2 percent in 2021. The regional output is expected to be 7.2% below where it would be in 2021 without the pandemic. The region’s average GDP per capita is estimated to have declined 5.3 percent in 2020 and expected to r ...

Apr 02, 2021
Serial

South Asia Economic Focus, Spring 2021 : South Asia Vaccinates

World Bank

South Asia region’s economies are beginning to recover, though unevenly: economic activity in industry and export sectors have recovered to pre-COVID levels but some labor-intensive services sectors and tourism have not. Inequality has worsened on many dimensions. The process of vaccinating South Asia’s population is u ...

South Asia region’s economies are beginning to recover, though unevenly: economic activity in industry and export sectors have recovered to pre-COVID levels but some labor-intensive services sectors a ...

South Asia region’s economies are beginning to recover, though unevenly: economic activity in industry and export sectors have recovered to pre-COVID levels but some labor-intensive services sectors and tourism have not. Inequality has worsened on many dimensions. The process of vaccinating South Asia’s population is underway, with India taking a leading role in production. The socioeconomic benefits of vac ...

Mar 31, 2021
Serial

Africa's Pulse, No. 23, April 2021 : An Analysis of Issues Shaping Africa’s Economic Future

Zeufack, Albert G.; Calderon, Cesar; Kambou, Gerard; Kubota, Megumi; Korman, Vijdan; Cantu Canales, Catalina; Aviomoh, Henry E.

The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020—close to the lower bound of the forecast range in April 2020, and less than the contraction in advanced economies and other eme ...

The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020—close t ...

The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020—close to the lower bound of the forecast range in April 2020, and less than the contraction in advanced economies and other emerging markets and developing economies, excluding China. Available data from the second ha ...

Apr, 2021
Serial

Europe and Central Asia Economic Update, Spring 2021 : Data, Digitalization, and Governance

World Bank

Governments play a critical role in the economies of Europe and Central Asia, where government expenditures are close to 40 percent of gross domestic product and the public sector accounts for nearly 27 percent of total employment, which is almost twice the global average. The public sector often attracts some of the b ...

Governments play a critical role in the economies of Europe and Central Asia, where government expenditures are close to 40 percent of gross domestic product and the public sector accounts for nearly ...

Governments play a critical role in the economies of Europe and Central Asia, where government expenditures are close to 40 percent of gross domestic product and the public sector accounts for nearly 27 percent of total employment, which is almost twice the global average. The public sector often attracts some of the best educated workers in the region. And support for a larger public sector is increasing d ...

Mar 30, 2021
Serial

Renewing with Growth

World Bank

Latin America and the Caribbean suffered the largest death toll from Covid‐19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates, with higher public debt and more firms under stress, the effects could be long‐lasting. The crisis also triggered larg ...

Latin America and the Caribbean suffered the largest death toll from Covid‐19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates ...

Latin America and the Caribbean suffered the largest death toll from Covid‐19 across developing regions and the sharpest decline in economic activity. With fewer school days and lower employment rates, with higher public debt and more firms under stress, the effects could be long‐lasting. The crisis also triggered large‐scale economic restructuring, with productivity higher in the expanding than in the cont ...

Mar 29, 2021
Serial

World Bank East Asia and Pacific Economic Update, April 2021 : Uneven Recovery

World Bank

A year after the first case was confirmed in Wuhan COVID-19 is proving hard to suppress even, while the emergence of more transmissible variants of the variant poses new challenges to the containment of the disease globally. The economies of the region began to bounce back in the second half of 2020. However, only Chin ...

A year after the first case was confirmed in Wuhan COVID-19 is proving hard to suppress even, while the emergence of more transmissible variants of the variant poses new challenges to the containment ...

A year after the first case was confirmed in Wuhan COVID-19 is proving hard to suppress even, while the emergence of more transmissible variants of the variant poses new challenges to the containment of the disease globally. The economies of the region began to bounce back in the second half of 2020. However, only China and Vietnam have followed a V-shape recovery path with output surpassing pre-COVID-19 le ...

Mar 25, 2021
Book

Promoting Agrifood Sector Transformation in Bangladesh : Policy and Investment Priorities

Ahmed, Mansur; Saint-Geours, Jean; Gitau, Ciliaka

Agriculture plays a central role in Bangladesh’s economy, especially in rural areas, and further progress in agriculture will remain important as Bangladesh’s economy continues to evolve. Bangladesh has made significant agricultural policy reforms since the 1980s, which has largely contributed to achieving self-suffici ...

Agriculture plays a central role in Bangladesh’s economy, especially in rural areas, and further progress in agriculture will remain important as Bangladesh’s economy continues to evolve. Bangladesh h ...

Agriculture plays a central role in Bangladesh’s economy, especially in rural areas, and further progress in agriculture will remain important as Bangladesh’s economy continues to evolve. Bangladesh has made significant agricultural policy reforms since the 1980s, which has largely contributed to achieving self-sufficiency in rice production. However, these policies are now creating headwinds, constraining ...

Apr 08, 2021