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The great GDP contraction may herald huge crowding out

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INTERNATIONAL

Economic stimulus schemes and gaps.

Coronavirus may cut global growth to 2% in early 2020

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INTERNATIONAL

Economic impact of the coronavirus.

Persistently high food prices hit economic development

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INTERNATIONAL

High food prices hit developing economies disproportionately hard, as food accounts for 44% of consumption on average in low-income economies, compared with 28% in emerging market…

Prospects for the global economy to end-2020

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PROSPECTS 2020 H2

COVID-19 dominates the scenarios for the next six months, which range from a swift sharp recovery to another dramatic fall in activity. Policy responses, financial markets…

US deaths of despair will drag long-term growth lower

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UNITED STATES

Economic toll of deaths of despair.

South-South cooperation has a long way to go

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INTERNATIONAL

Foreign development assistance from and to countries in the ‘Global South’ aims to disrupt not only the established direction of aid flows from the northern to the southern…

China and 'Grexit' risks weigh on EMs globally

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INTERNATIONAL

This month, 3 trillion dollars had been wiped off the value of all listed companies since a seven-year high on June 12, undermining confidence in the government's ability to steer…

Pandemic shifts have not supercharged productivity yet

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INTERNATIONAL

The disruptions included demand shifts from services and back, business closures and record-breaking business creation, the disappearance of less productive, unimaginative or…

World Bank may shift global financing model for LICs

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INTERNATIONAL

The comments come as the World Bank is pressing donors to provide at least 65 billion dollars for the International Development Association (IDA), the Bank's financing arm for…

A full public debt restructuring overhaul is unlikely

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INTERNATIONAL

The stock of EM debt has multiplied since 2000, accompanied by legal difficulties for borrowers falling into distress. Some economists are calling for a complete overhaul of the…