In the last two years, Liberia’s economic performance has improved. Inflation remained in single digits despite high global food and fuel prices and a relaxation in monetary and fiscal policies. Liberia’s poverty rate is projected to have declined slightly in the last two years as GDP growth rebounds and inflation moderates.

Over two million deaths and $4.3 trillion in economic losses; that’s the impact of a half-century of extreme weather events turbo-charged by man-made global warming, according to this new figure from the World Meteorological Organization (WMO).

This paper takes a closer look at the potentially huge economic and fiscal transition costs of global decarbonization in fossil fuel export-dependent economies. The paper identifies 40 heavily fossil fuel dependent economies.

Indonesia can build on its impressive track-record of poverty reduction to tackle more ambitious poverty reduction targets. Indonesia has made impressive gains in reducing poverty, with previously lagging regions catching up, and the Government’s goal to eliminate extreme poverty by 2024 practically met.

Real GDP expanded by 17.7 percent in 2022, with per capita incomes surpassing the pre-pandemic levels. On the supply side, accommodation, transport, and commerce explained 60 percent of growth. On the demand side, exports (mainly tourism) and private consumption accounted for growth.

Asia and the Pacific remains a dynamic region despite the somber backdrop of what looks to be shaping up as a challenging year for the world economy. Global growth is poised to decelerate as rising interest rates and Russia’s war in Ukraine weigh on activity.

The Gabon Economic Update is an annual World Bank publication that presents an overview of the evolving macroeconomic position in Gabon, followed by a detailed exploration of a specific topic in each edition. The first chapter analyzes recent economic developments, as well as the macroeconomic outlook and risks for Gabon’s future growth.

This book discusses effective social innovation strategies facilitated by civil society organisations (CSOs) to tackle India’s significant urban sanitation challenge. It presents the contours of an ecosystem that includes citizen participation and strengthening community-managed systems for improved sanitation and public health.

This paper emphasizes the unique and crucial contribution that Asia can make to climate action and calls for businesses across the region to be at the forefront of this important drive. While there are significant economic opportunities to be realized, corporate ambitions and commitments are meaningful only if combined with allied action.

There are many indicators of energy security. Few measure what really matters—an affordable and reliable energy supply—and the trade-offs between the affordability and reliability. Reliability is physical, affordability is economic.