Mongolia made notable strides in reducing poverty from 2010 to 2014, but the pace of poverty reduction slowed significantly after the 2016 economic recession. Thanks to robust and inclusive...
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In Latin America and the Caribbean (LAC) the rapidly changing climate is increasing the frequency and intensity of extreme weather‑related events. The year 2020 saw the most catastrophic fire season...
Highlights
After an economic recession in 2020, Mali’s economic recovery in 2021 was weaker than initially projected and poverty continued to increase. As a result, per capita GDP stagnated...
The objective of this report is to update the Government of The Gambia, think-tanks and researchers, the public, and the World Bank’s senior management on the state of the Gambian economy and its outlook, together with the structural reforms...
Highlights
After a COVID-19 related growth slowdown in 2020, Niger’s economic recovery was hit by a series of climate and security shocks in 2021 that deteriorated many economic...
Despite confronting significant challenges, in 2021 the Palestinian economy started to recover from the severe impact of the Coronavirus (COVID-19) pandemic. In 2021, the management of fiscal policies remained the single...
This poverty assessment looks to microdata for a more detailed understanding of poverty reduction in Nigeria. While many macroeconomic data are released fairly regularly in Nigeria—with GDP...
Key Findings:
Myanmar’s economy and people continue to be severely tested by the ongoing impacts of the military coup and the surge in COVID-19 cases in 2021.
The World Bank’s...
A major surge in COVID-19 cases severely slowed economic activity in Thailand during Q3 of 2021, but a recovery is now underway.
Private consumption declined , and...
This report documents and explores the early economic impacts of COVID-19 on households and businesses in Vietnam from June 2020 to March 2021. Using new survey data, microsimulation techniques...