Global economic prospects, January 2021
Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged
Economy
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Global Wage Report 2020-21: Wages and minimum wages in the time of COVID-19
This ILO flagship report examines the evolution of real wages around the world, giving a unique picture of wage trends globally and by region. The 2020-21 edition analyses the relationship of minimum wages
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Uganda economic update: investing in Uganda’s youth
Uganda’s real GDP grew at 2.9 percent in FY20, less than half the 6.8 percent recorded in FY19, due to the effects of the COVID-19 (coronavirus) crisis, and is expected to grow at a similar level in FY21,
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A green hydrogen economy for India: policy and technology imperatives to lower production cost
This study proposes a hydrogen roadmap for India through a spatio-temporal analysis of the production modes and cost of production of hydrogen from solar and wind energy till 2040. In the spatial analysis,
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Rising to the challenge: Nigeria's COVID response
This report highlights how the COVID-19 (coronavirus) crisis has impacted Nigeria’s economy. In 2020, Nigeria’s economy is expected to experience its deepest recession since the 1980s due to the COVID-19-related
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External finance for rural development: a synthesis of country perspectives
Many governments in low- and middle-income countries see improving rural development as a way to achieve critical national development objectives: economic transformation, eradication of poverty and greater
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Gender-inclusive governance of “self-help” groups in rural Kenya
There is vast literature on groups as a useful mechanism for rural development, especially for women. However, for group participation to fulfil on potential benefits to women, gender-specific constraints
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The impacts of cash transfers on mental health and investments: Experimental evidence from Mali
Economic resilience requires future-oriented decision-making around income generation and protection in case of shocks. However, poverty is highly correlated with poor mental health, limiting forward-looking
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Kenya economic update: navigating the pandemic
Kenya’s economy has been hit hard by COVID-19, severely affecting incomes and jobs. The economy has been exposed through the dampening effects on domestic activity of the containment measures and behavioral
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World Trade Report 2020
A growing number of governments have adopted policies aimed at promoting innovation and technological progress for their economies, a trend which has implications for trade flows and the rules that govern
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Impact of the pandemic on trade and development: transitioning to a new normal
The pandemic has redefined the world economy in ways that will deepen inequality and can only be reversed if a global transformation in attitudes towards trade and development allows the whole world to