MDBs Climate Finance Hit $66 Billion in 2020
Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according...
Global labour migration increases by five million
The number of international migrant workers globally has risen to 169 million, a rise of three per cent since 2017, according to the latest...
Protecting Nature Could Avert Global Economic Losses of $2.7 Trillion Per Year
A new World Bank report estimates that the collapse of select ecosystem services provided by nature – such as wild pollination, provision of food...
Pandemic Crisis Fuels Decline of Middle Class in Latin America and the Caribbean
The COVID-19 pandemic pushed 4.7 million people out of the middle class and into vulnerability or poverty in Latin America and the Caribbean (LAC)...
Emerging Economic Growth Trends in Malaysia Threatened by Resurging Pandemic
Malaysia’s economy is projected to grow by 4.5 percent in 2021 amid a dramatic resurgence of the COVID-19 virus beginning in mid-April 2021. This...
Gearing up for the Future of Manufacturing in Bangladesh
To boost export growth and help the economy rebound from COVID-19 pandemic impacts, improving the manufacturing sector’s productivity will be crucial for Bangladesh, says...
The Path to Better Jobs in a Post Covid-19 Latin America
Economic crises like the one that Latin America and the Caribbean is suffering now, have long-lasting effects on the structure of employment and may...
Critical Reforms Needed to Reduce Inflation and Accelerate the Recovery
While the government took measures to protect the economy against a much deeper recession, it would be essential to set policy foundations for a...
Indonesia: How to Boost the Economic Recovery
Indonesia’s economy is projected to rebound from the 2020 recession with 4.4 percent growth in 2021. The rebound is predicated on the pandemic being...
Inequality Has Likely Increased in PNG, with Bottom 40% Hit Hardest by Latest Outbreak
A joint World Bank and UNICEF report based on mobile phone surveys of Papua New Guinean families has found that while there was a...