In the East Asia and Pacific (EAP) region, total factor productivity growth has slowed over the past two decades. Why this slowdown has come at a time of rapid technological progress is a puzzle. This...
Following a decade of low and unstable growth, Lesotho has a unique opportunity to build a new foundation for robust and inclusive development. As real GDP growth pivoted from a 6.3 percent expansion in...
This paper estimates the effect of electricity prices on firm performance, focusing on firm productivity, sales, and employment. Using the World Bank Business Pulse Survey data for a sample of 24 emerging...
GDP growth remained stable in 2024 notwithstanding slower economic activity in the latter half of the year. Household consumption moderated due to the impact of high food prices and mobility disruptions...
Economic and population growth over the past 50 years have increased global natural resource use to levels that severely affect human well-being. In Türkiye, as elsewhere, economic and population growth...
This report examines the transition of Turkish firms to align with circular economy (CE) principles, highlighting both immediate needs and the longer-term opportunities from engaging in a transition agenda...
This paper develops a “plausible worst-case” scenario for Cambodia to illustrate how a severe, 1-in-10-year flood could trigger cascading impacts, including widespread disease outbreaks and financial instability...
The development objective of Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery Project for Africa is to strengthen the African Center for Economic Transformation’s...
This edition of the Djibouti Economic Monitor (DEM) is part of a program of biannual reports analyzing Djibouti’s development trends and constraints. The aim of each issue is to present the country’s recent...
This paper describes power sector modeling methodologies for the World Bank’s macrostructural model — MFMod. Macrostructural models generally do not model sectors, such as the power sector, in detail...
Since 2020, many countries in Sub-Saharan Africa have experienced disruptions to agricultural activities due to the adverse effects of multiple global crises. Notably, the Russian invasion of Ukraine caused...
The World Bank has undertaken a second comprehensive monitoring program through multiple channels to find out how private sector firms in Ukraine are faring, and what they will need going forward. The...
The World Bank has undertaken a second comprehensive monitoring program through multiple channels to find out how private sector firms in Ukraine are faring, and what they will need going forward. The...
How firms in the developing world adapt to changes in weather extremes will play a key role in determining their nation’s economic growth. This survey of the recent microeconomics adaptation literature...
In June 2020, the Uganda Bureau of Statistics (UBOS), in collaboration with the World Bank, officially launched the Uganda High Frequency Phone Survey (UHFPS) to track the impacts of the COVID-19 pandemic...
Mongolia’s economy has recovered but the current economic expansion was largely driven by strong coal exports. Public and private consumption growth also supported the economy, spurred by rising household...
Para mantener la reducción de la pobreza y alcanzar la condición de país de ingresos altos, Ecuador necesita aprovechar otras fuentes de crecimiento. El país está bendecido con recursos naturales, que...