Covid-19. The Russian invasion of Ukraine. Commodity price volatility. The rise of global inflation and interest rates. Currency depreciations among indebted middle-income economies. And now, natural disasters...
This paper examines the role of a country’s data transparency in explaining gross domestic product growth forecast errors. It reports four sets of results that have not been previously reported in the...
The case for digitalizing economies has never been stronger. Above all, the Coronavirus (COVID-19) pandemic has made the benefits of conducting contactless transactions starkly clear. Yet, as this report...
The case for digitalizing economies has never been stronger. Above all, the Coronavirus (COVID-19) pandemic has made the benefits of conducting contactless transactions starkly clear. Yet, as this report...
The case for digitalizing economies has never been stronger. Above all, the Coronavirus (COVID-19) pandemic has made the benefits of conducting contactless transactions starkly clear. Yet, as this report...
Public debt in developing economies rose at a fast clip during 2020–21, at least partly due to the onset of the global Covid-19 pandemic. Nobel laureate Paul Krugman opined in early 2021 that “fighting...
The Middle East and North Africa economies face an uncertain recovery. The war in Ukraine presents significant challenges to the global economy and the MENA region. Inflationary pressures brought about...
The Middle East and North Africa economies face an uncertain recovery. The war in Ukraine presents significant challenges to the global economy and the MENA region. Inflationary pressures brought about...
The Middle East and North Africa economies face an uncertain recovery. The war in Ukraine presents significant challenges to the global economy and the MENA region. Inflationary pressures brought about...
Uncertainty is again clouding the prospects for the global economy. The unexpected war in Europe presents significant challenges to the world economy and to the Middle East and North Africa (MENA) region...
Uncertainty is again clouding the prospects for the global economy. The unexpected war in Europe presents significant challenges to the world economy and to the Middle East and North Africa (MENA) region...
NULL
This report examines the region’s economic prospects in 2021, forecasting that the recovery will be both tenuous and uneven as per capita GDP level stays below pre-pandemic levels. COVID-19 was a stress-test...
NULL
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...
The study explores the effects of data transparency on economic growth for developing economies over a unique time period — at the onset of the 2007–2009 global financial crisis and thereafter. Data transparency...
This paper investigates the empirical relationship between citizens' perceptions of economic and political conditions and the incidence of nonviolent uprisings. Perceptions are measured by aggregating...
This paper presents firm-level estimates of revenue-based total factor productivity premiums of manufacturing firms adopting digital technology in 82 developing economies over 2002-19. The paper estimates...
Due to the dual shocks of the spread of the virus and lower oil prices, World Bank economists expect output of MENA to decline in 2020. This is in sharp contrast to the growth forecast of 2.6 percent published...