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28 Mar 23
The 2020s are looking like a “lost decade” with the maximum level of growth achievable without causing inflation falling to a 30-year low, the World Bank has suggested.
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24 Mar 23
Senior figures in Germany and the United States have urged the World Bank to adopt a “strong set of initial evolution reforms” aimed at driving climate finance.
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20 Mar 23
Insufficient and poorly targeted climate finance means the world is falling behind on action against global warming, a landmark report has stated.
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17 Mar 23
A “slightly more optimistic” global economic outlook should not be enough to keep central banks from raising interest rates, despite the harm it does both to households and developing countries, the...
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14 Mar 23
The removal of Covid-19 restrictions in China will boost global growth this year but concerns over inflation and high interest will limit growth, economists at Fitch have said.
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7 Mar 23
Rising service demand has been tipped to keep local and regional government borrowing high in the coming years compared with historical trends, despite it having fallen since the immediate aftermath...
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2 Mar 23
Setting an organisation’s culture affects transparency as well as the way ideas are challenged.
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27 Feb 23
An unusually strong US dollar combined with rising interest rates and high spending needs mean there is “no sign” of lower-income country debt recovering from its rapid rise since the onset of Covid-...
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24 Feb 23
Major central banks have been tipped to sell off $1trn of assets in both 2023 and 2024, partially reversing the jump in quantitative easing since the onset of Covid-19.
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20 Feb 23
The global agreement on minimum corporation tax rates is unlikely to raise large sums of money for low-income countries, and more work is needed to fix tax systems, the International Monetary Fund...
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10 Feb 23
The World Bank has launched the first tranche of its fund aimed at building resilience in developing nations in preparation for future pandemics.
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3 Feb 23
To tackle corruption, we need to focus on prevention rather than cure.
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2 Feb 23
Major central banks have continued to hike interest rates in a bid to tame inflation, which remains at multi-decade highs.
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27 Jan 23
The economic slowdown exacerbated by high inflation could undermine hard-won progress on sustainable development goals, the United Nations has said.
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19 Jan 23
The International Monetary Fund’s outlook for the global economy this year is less gloomy than before, owing to resilience in some important regions.
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16 Jan 23
The push for international corporation tax reform will be led by Manal Corwin, formerly of the US Treasury, who has been appointed as director of the OECD’s Centre for Tax Policy and Administration.
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13 Jan 23
The news agenda moves fast. Stay on top of some of the key stories which we share here.
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3 Jan 23
Central banks across the world must continue using policy measures to limit inflation, despite fears over slower global economic growth, the head of the International Monetary Fund has said.
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16 Dec 22
Major central banks have continued to raise interest rates in a bid to tame high inflation, but predicted the pace of additional hikes will slow in the new year.
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13 Dec 22
Global government debt has dropped but the downturn will add to budget pressures, the IMF has warned.
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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6 Dec 22
World leaders are spending on a scale not seen since the 1970s to avert multiple crises. Is it a new era of ‘big government’ – and, if so, who pays for it?
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2 Dec 22
The recovery of tax income last year could be eroded by the rising inflation and the risk of a global recession next year, economists at the OECD have warned.
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28 Nov 22
A collection of case studies and best practices from around the world is aimed at showing how every public sector professional can play their part in protecting public money from fraud and corruption.
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...