African Impact Report 2019
Africa’s vast development needs provide ample opportunity for impact investments, which aim not only to generate a financial return for investors but also to have a positive social and environmental effect,
Economic Development
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Public-sector measures to conserve and restore forests: overcoming economic and political economy barriers
This working paper is a contribution to the FOLU 2019 report, Growing Better: Ten Critical Transitions to Transform Food and Land Use. The paper answers four questions: Why are forests critical to economic
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The power of parity: advancing women’s equality in Africa
Gender inequality in Africa remains high, and progress toward gender parity has stagnated. This is a large missed opportunity for African societies and for the continent’s growth prospects. If Africa steps
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Review of Maritime Transport 2019
World maritime trade lost momentum in 2018, with volumes expanding at 2.7 per cent, below the historical averages of 3.0 per cent and 4.1 per cent recorded in 2017. Total volumes are estimated to have
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Kenya economic update: securing future growth- policies to support Kenya’s digital transformation
Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily
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Nowcasting economic growth in India: the role of rainfall
This paper presents nowcasting of quarterly gross domestic product (GDP) growth in India by developing an econometric framework specific to the country’s economy. “Nowcasting” uses high frequency data
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South Asia Economic Focus, Fall 2019: making (de)centralization work
Global GDP growth is decelerating, while trade and industrial production are stagnating. The slowdown has been severe in South Asia, which in recent quarters was no longer the fastest growing region in
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Africa's Pulse, October 2019: an analysis of issues shaping Africa’s economic future
Africa's Pulse is a biannual publication containing an analysis of the near-term macroeconomic outlook for the region. Each issue also includes a section focusing upon a topic that represents a particular
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The Global Competitiveness Report 2019
Ten years on from the global financial crisis, the world economy remains locked in a cycle of low or flat productivity growth despite the injection of more than $10 trillion by central banks. The latest
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World development report 2020: trading for development in the age of global value chains
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew