COMMON SENSE beats a retreat when economics turns into orthodoxy. That happened 30 years ago, when the World Bank answered an ancient policy question—should a government ever load the dice in favour ...

A new World Bank report shows how partners are joining forces to deliver impact at greater speed and scale, reducing fragmentation and strengthening country ownership. In a world facing compounding ...

This is read by an automated voice. Please report any issues or inconsistencies here. The World Bank recently published a 276-page report supporting the idea that industrial policy belongs “in the ...

(Reuters) -The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies in fragile and conflict-affected situations (FCS) including food ...

By Lucy Craymer WELLINGTON, May 12 (Reuters) - Economic growth across 11 Pacific Island countries is expected to weaken in ...

The World Bank sharply cut its global economic growth projection Tuesday to 2.3% in 2025. "This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the ...

The World Bank will centralise some functions across its public and private-sector arms from 1 January 2026, according to an internal email seen by The Africa Report.

The Federal Government has dismissed allegations of hidden spending and revenue diversion involving about ₦15.6 trillion following interpretations of a recent World Bank report on Nigeria’s economy, ...

About 700 million people—or 8.5 percent of the global population—live in extreme poverty on less than $2.15 a day, a World Bank report has said. The bank also added that around 3.5 billion people live ...

A new World Bank report is being heralded as an endorsement of industrial policy, but mostly the research shines a light on how it doesn’t actually work. The Washington Consensus was traditionally ...