Development risks remain as economic activity, incomes likely to stay low for extended period
As G20 finance ministers and central bank governors meet virtually this week, the world continues to climb back from the worst recession in peacetime since the Great Depression.
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The Digital Currency Institute of the People's Bank of China and the Central Bank of the United Arab Emirates join the Multiple CBDC (m-CBDC) Bridge, a cross-border payments project.
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Ukrainian Foreign Minister Dmytro Kuleba and Polish Foreign Minister Zbigniew Rau have appealed to U.S. President Joe Biden to prevent the completion of the Nord Stream 2 gas pipeline from Russia to Germany, which they called a "dangerous, divisive project."
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As someone who grew up in poverty and worked much of her career to help others out of it, I know the importance of having a good job with a good income. It’s a way out of poverty for many.
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After ending last year with unexpectedly strong vaccine success and hope that the pandemic and economic distress it caused would recede, we woke up to the reality of new virus variants and the unpredictable, winding road that it can lead the world down.
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The COVID-19 pandemic has upended the world economic order as we know it and may be the gravest challenge that Africa’s leaders have faced since independence.
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Policy makers must improve labor market conditions and reduce employment uncertainties as part of their economic stimulus plans.
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It is no surprise that the global COVID-19 pandemic has posed unprecedented challenges to global industries, and the air transport sector is with no exception.
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The UK is investing £10 million in a new national green finance research centre that will advise lenders, investors and insurers.
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The European Bank for Reconstruction and Development (EBRD) and the Association of European Development Finance Institutions (EDFI) are joining forces to strengthen the impact of their work in addressing urgent and immediate recovery priorities as well as long-term challenges like climate change.
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