trading for development in the age of global value chains
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and ......
bank regulation and supervision a decade after the global financial crisis
Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings in market discipline, regulation, and supervision, and reopened important policy debates on financial regulation. Since the onset of the ......
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. It provides quantitative indicators covering 12 areas of the business environment in 190 economies. The goal of the Doing Business series is to provide objective data for use by governments in ......
Enabling the Business of Agriculture 2019 presents indicators that measure the laws, regulations and bureaucratic processes that affect farmers in 101 countries. The study covers eight thematic areas: supplying seed, registering fertilizer, securing water, registering machinery, sustaining livestock, protecting plant health, trading food and ......
innovation, integration, agglomeration, and competition
A strong and widely acknowledged record of economic success3-including a three-and-a-half- fold increase in per capita income since 1994?places Rwanda among the world's fastest-growing economies. Traumatic memories of the 1994 genocide are gradually fading, as associations begin to take a more positive form-of a nation on the rise, powered by ......
The official source for the latest global estimates of poverty and shared prosperity. Each report also expands on a particular theme. As the world continues to make progress in eradicating poverty, efforts to monitor progress in reaching our goals will need to bring greater attention to ensuring that no one is left unaccounted for, that everyone ......
taking on distributional tensions in Europe and Central Asia
This report identifies and provides a detailed assessment of inequality between generations, workers, regions that are fueling perceptions of unfairness and eroding the social contract. It illustrates how current policies and institutions are not equipped to deal with these distributional tensions.
promoting economic growth and resilience in Europe and central Asia
Critical Connections examines how trade, investment, migration, and other linkages among countries are drivers of economic growth in the Europe and Central Asia region. The study breaks new ground by using a multidimensional approach that recognises how each connectivity channel for growth is likely to be affected by the strength of other ......
