New Report Measures Quality of Growth for New Economic Era
A new World Economic Forum report, released today, offers a re-evaluation of global economic growth, introducing a new framework that takes a holistic look...
Global economy headed for worst half-decade in 30 years
Slowing growth enters third year, putting development goals at risk, notes ‘The Washington Post’. The global economy will slow in 2024 for the third...
Japan needs to rebuild fiscal space, address population ageing and reinvigorate productivity growth
Japan’s economy has recovered from the COVID-19 pandemic but faces new challenges from weak global trade prospects. Policy should now focus on ensuring fiscal...
Denmark: Reforms needed to tackle labour shortages, adapt to population ageing
Denmark’s economy was resilient to the COVID-19 crisis and recovered swiftly. Over the past two years, economic activity has slowed related to higher energy...
Global unemployment to increase in 2024 -ILO report
Global unemployment is expected to rise this year, with growing inequality and stagnant productivity also a cause for concern on the economic horizon, the...
Cash now extinct as citizens use implanted microchips instead
The financial authorities, who once embraced the trend, are asking banks to keep peddling notes and coins until the government can figure out what...
Lebanon’s Fragile Economy Pulled Back into Recession
Four years into the economic and financial crisis, Lebanon’s macroeconomic framework remains severely impaired. According to the latest World Bank Lebanon Economic Monitor released...
Renewables, Transport and Digital Transformation – Key to Boosting Georgia’s Growth
Tapping Georgia’s vast renewable potential, developing its transport and logistics infrastructure, and supporting digital businesses could boost the country’s productivity and economic competitiveness, helping...
Kenya’s Economic Performance Strengthened in 2023 Despite Continued Challenges
Kenya’s economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023....
EAC’s External Trade Grows As Member States Imposes More Barriers
East African Community (EAC) member states are trading more with countries outside the bloc owing to persistent trade disputes and non-tariff barriers (NTBs), which...