What are the effects of a large temporary shock to the economy such as a temporary lockdown in response to a pandemic? Are the effects propagated and made persistent by firms’ deteriorating balance sheets and labor market frictions? This paper develops a model with financial market and labor market frictions to answer these questions.

The circular economy is now at the forefront of the competitiveness agenda for various industrial sectors, industrial parks, and firms.

Agriculture plays a central role in Bangladesh’s economy, especially in rural areas, and further progress in agriculture will remain important as Bangladesh’s economy continues to evolve. Bangladesh has made significant agricultural policy reforms since the 1980s, which has largely contributed to achieving self-sufficiency in rice production.

This special report from the World Peace Foundation documents how Ethiopian and Eritrean belligerents in the war in Tigray have comprehensively dismantled the region’s economy and food system.

This report examines how the OECD-led global digital tax reforms could lead to lost mining investment and revenue in developing countries if issues related to temporary timing differences are not addressed.

Despite turning out better than expected, growth in 2020 is estimated to be the worst on record, at –1.9 percent, leading to a large increase in poverty.

This report explores ways in which trade policy can further support a transition to a more circular economy using regional trade agreements (RTAs) as a vehicle.

The COVID-19 pandemic underscores the critical need for detailed, timely information on its evolving economic impacts, particularly for Sub-Saharan Africa (SSA) where data availability and lack of generalizable nowcasting methodologies limit efforts for coordinated policy responses.

The impacts of COVID-19 are being felt across The Gambia’s socioeconomic landscape, exacerbating existing inequalities and threatening hard-won progress.

This report provides an update on the short-term impacts of COVID-19 on the Malawian economy in light of the sharp increase in COVID-19 cases in December 2020 and January 2021.