Highlights: In 2024Q1, global domestic food price inflation was 4.9 percent, down from 5.7 percent in 2023Q4. Decreasing international prices of various agricultural commodities...
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economic forecasting
Motivated by the deterioration in global food security conditions, this paper develops a parsimonious machine learning model to derive a multi-year outlook of global severe food insecurity from macro-economic...
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This report includes a Special Focus section that provides a preliminary assessment of the potential impact of the conflict in the Middle East on commodity prices. It finds that the effects of...
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The Asia-Pacific region remains a key driver of global growth in 2023, despite facing headwinds from changing global demand from goods to services and tighter monetary policies...
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Iraq’s economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the oil sector have reemerged.
After moderating in...
The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially...
Mild temperatures combined with sufficient rainfall since the start of the 2022-2023 season currently maintain a fair-to-positive yield outlook for winter crops in a major part of Ukraine. However, winter...
The shift of economic power from the established Western economies and Japan towards the emerging economies in the East and South is set to continue.
East Africa recorded strong economic recovery in 2021, but the pre-COVID-19 growth levels are yet to be achievedin most of the countries. The recovery momentum is now hampered...
Key findings include the following points, in particular regarding the impacts of COVID-19 on poverty and inequality:
The Philippines has made significant progress in reducing poverty, but income...