Blue Sea, Black Gold, Red Banner tells the story of the historical connections between two geographically distant and culturally distinct regions on the edges of Europe: Scandinavia and the South Caucasus. From the late nineteenth century, maritime trade fostered new commercial links and consular relations. Scandinavian merchants, particularly in ......
Blue Sea, Black Gold, Red Banner tells the story of the historical connections between two geographically distant and culturally distinct regions on the edges of Europe: Scandinavia and the South Caucasus. From the late nineteenth century, maritime trade fostered new commercial links and consular relations. Scandinavian merchants, particularly in ......
The Globalization Trap exposes how decades of free trade, outsourcing, and economic dogma hollowed out the American middle class--and why the promised gains of globalization never arrived for millions of workers. Economists once claimed that free trade would raise wages and living standards. Instead, globalization triggered a race to the bottom, ......
International Debt Report (IDR) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for 120 low- and middle-income countries and Guyana that report to the World Bank Debt Reporting System (DRS).
World Development Report 2025 argues that setting and enforcing standards across the economy, society, environment, and government are the heart of the development process. Standards can be used as a tool for development, quickening progress towards the sustainable development goals.
In The Profligate Colonial, Lisandro E. Claudio reveals how austerity, long before it became a buzzword of modern technocracy, was a tool of US empire. Austerity is often praised as prudence in hard times, a responsible response to crisis. In the Philippines today, it is treated as common sense, an unquestioned commitment to a strong currency, ......
Decarbonizing Development in East Asia and the Pacific
Even as East Asia's innovation and investment improve global access to green technologies, its own emissions continue to grow because of the reluctance to penalize carbon-intensive technologies. Deeper reform of the region's own policies may foster greater international cooperation on climate change, innovation, and trade in green goods.
This companion report to the 2024 World Development Report, The Middle Income Trap, uses the '3i' framework-Investment, Infusion, and Innovation-as a strategic approach to address these challenges and provides policy options on how to grow to high income.