Domestic food price inflation remains high in low- and middle-income countries.
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Highlights: Since the last update on April 25, 2024, the agriculture and cereal price indices closed 1 percent and 6 percent higher, respectively, while the export price...
Highlights: Recent Economic Developments Global conditions improved in early 2024. The Philippines maintains its growth momentum, supported by a rebound in external demand. Robust growth...
Tight monetary policies, restrictive financial conditions, and the slowdown of global trade continued to weaken global growth. Global economic growth declined in 2023 and is expected to decline...
From 2021-2023, Somalia confronted its most severe drought in forty years, affecting more than 7.8 million people.
Reversing “The Great Reversal”? Reducing extreme poverty means addressing drivers of fragility, conflict, and violence
Development economist Paul Collier famously characterized conflict as “development in reverse”.
The Philippines sustained its growth momentum in Q1 2024, supported by an improvement in global economic activity.
Many of the world’s poor are farmers. But all too often, crops that once blossomed on the verdant fields of small, rain-fed family farms now thirst for water...
The Philippines needs to intensify steps to bolster community resilience against the effects of climate change and extreme weather to minimize economic disruption and sustain inclusive growth, the World...
Indonesia's tropical forests are a vital source of food, fuel, shelter, and employment for more than one-fifth of the country's population, and a crucial resource in the fight against climate change.