Navigating debt and trade: Data show persistent debt challenges for developing countries amid uncertain trade prospects
Low- and middle- income countries (LMICs) have rebounded strongly since the COVID-19 pandemic. Gross national income (GNI) among these countries was resilient in 2023, at
Global shocks, institutional development, and trade restrictions: Learning from crises and recoveries between 1990 and 2022
During the past 20 years, the world economy has suffered two major crises in the form of the Global Financial Crisis and the COVID-19 pandemic.
The rise and retreat of US inflation: An update
During the pandemic, annual CPI inflation in the US rose sharply to a peak of 9% in June 2022. This column argues that the rise
The looming global debt disaster
Despite a succession of shocks since 2020, the global economy has held up remarkably well—so far. But the margin for error is dwindling. Total global
The World Bank’s new global poverty lines in 2021 prices
The World Bank has revised its estimates of global poverty to reflect new data on prices and national poverty lines from more than 160 countries
Most of the developing world is turning into a development-free zone
Only six months ago, a “soft landing” appeared to be in sight: the global economy was stabilizing after an extraordinary string of calamities both natural
When upskilling is good but not enough: Understanding labour shortages through a job-quality lens
Advanced economies are still experiencing labour shortages in the aftermath of the COVID-19 pandemic. This column examines the high labour shortages across OECD countries, focusing
