World economic outlook update, January 2023
The January 2023 World Economic Outlook Update projects that global growth will fall to 2.9 percent in 2023 but rise to 3.1 percent in 2024. The 2023 forecast is 0.2 percentage point higher than predicted
Economic Development
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World economic situation and prospects 2023
<p>The world output growth is projected to decelerate from an estimated 3 per cent in 2022 to 1.9 per cent in 2023, marking one of the lowest growth rates in recent decades, according to this report by the United Nations.</p>
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Africa’s macroeconomic performance and outlook- January 2023
Africa’s Macroeconomic Performance and Outlook is the African Development Bank Group’s new biannual publication to be released in the first and third quarters of each year. The publication will offer policymakers,
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World social report 2023: leaving no one behind in an ageing world
Population ageing is a defining global trend of the time. People are living longer, and more are older than ever before. Spectacular improvements in health and survival and reductions in fertility have
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Global economic prospects, January 2023
Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia’s
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Algeria economic update 2022
Algeria's economy continued to recover in the first half of 2022, led by a return of oil production to pre-pandemic levels and a continued recovery of the service sector along with a more vigorous agricultural
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South Asia’s path to resilient growth
South Asia’s Path to Sustainable and Inclusive Growth highlights the remarkable development progress in South Asia and how the region can advance in the aftermath of the COVID-19 pandemic. Steps include
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Nigeria development update: Nigeria's choice
Nigeria’s economy needs to grow faster to reduce poverty. Despite favorable global oil prices, “business as usual” economic management is not delivering desired outcomes and, even if a crisis is avoided
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Why infrastructure matters: active mobility, public transport, and economic growth in African cities
This study explores the benefits that can accrue if cities prioritise active mobility and public transport. It quantifies the benefits of walking, cycling, and public transport in the Africa region, comparing
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Global wage report 2022-23: the impact of COVID-19 and inflation on wages and purchasing power
The Global Wage Report 2022-2023 reveals how the severe inflationary crisis, combined with a slowdown in economic growth - driven in part by the war in Ukraine and the global energy crisis - have affected