Stagnant global trade, subdued investment, and heightened policy uncertainty marked another difficult year for the world economy. A subdued recovery is expected for 2017.
The World Bank’s annual report on the external debt of developing countries includes comprehensive data for 125 developing countries, as well as summary data for regions and income groups.
Renewed economic integration among Latin American and Caribbean countries will make the region more competitive in international markets and boost long-term growth.
Ineffective policies can persist, while potentially effective policies are often not adopted. The World Development Report 2017: Governance and the Law explores why some policies fail to achieve desired outcomes and what makes other policies work.
The impact of extreme weather on poverty is more devastating than previously understood, responsible for annual consumption losses of $520 billion and pushing 26 million people into poverty every year.