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 to generate estimates of GDP growth.

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 the world.

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 development challenge for the continent. It is produced by the Office of the Chief Economist for the Africa Region of the World Bank.

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 rapidly and began to catch up with richer countries.

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.

This working paper analyzes the contribution of social protection—especially social assistance—in reducing poverty and inequality and supporting inclusive growth in Asia and the Pacific. The analysis is divided into three main sections.

After more than three decades of average annual growth close to 10 percent, China's economy is transitioning to a 'new normal' of slower but more balanced and sustainable growth.

Africa sits at the confluence of two related and mutually reinforcing developmental challenges – poverty and inequality – the solutions for which are a matter of policy choice. Despite the recent spate of economic growth, the continent remains afflicted by entrenched poverty and alarmingly high and rising inequality.

Developing Asia’s gross domestic product is forecast to slow from 5.9% in 2018 to 5.4% in 2019 and 5.5% in 2020. Inflation across developing Asia is forecast to increase from 2.5% in 2018 to 2.7% this year and in 2020. Growth in developing Asia is moderating but remains robust.

430 million people will be living in extreme poverty by 2030, despite economic growth reducing poverty by a third. This is 30 million more people than ODI's 2018 assessment, and means the world is significantly off track to achieve the first Sustainable Development Goal.

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