World Bank

Global Economy Stabilizes, But Developing Economies Face Tougher Slog

World Bank report warns of insufficient growth for wealth redistribution. Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century with the weakest long-term growth outlook since 2000, according to the World Bank’s latest Global Economic Prospects report. Even as the global economy stabilizes in the next…

Developing economies, Economic growth, Global economy, Trade policy, World Bank

Saudi Arabia reforms for women boost economic growth

Abousleiman said the Kingdom is well on its way to achieving its goals and that new reforms usually take between 3-5 years to have a full impact Saudi Arabia has implemented a number of ambitious reforms to enhance women’s economic inclusion, which has resulted in women gaining more access to education and employment options. According…

female inclusion, gender-neutral policies, inclusión, saudi arabia, women entrepreneurs, Women's economic inclusion, World Bank

Kazakhstan’s Economy to Recover Modestly in 2021, But COVID-19-induced Poverty on the Rise, Says World Bank

The authorities have implemented strong policy measures to minimize the pandemic’s impact on people and the economy Kazakhstan’s economy is expected to grow modestly by 2.5 percent in 2021 and support higher growth by 3.5 percent in 2022, but significant downside risks remain due to uneven worldwide economic recovery and higher debt-related risks on the…