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22 Sep 23
Poor countries cannot fund it and pay debts, report warns
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21 Sep 23
Are supreme audit institutions the catalyst needed to boost sustainability reporting? Yes, writes CIPFA’s Nina Johansson.
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21 Sep 23
Major economies urged to help developing nations
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19 Sep 23
High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
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18 Sep 23
The global debt ratio will grow again despite recently falling from its pandemic high, economists at the International Monetary Fund have said.
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15 Sep 23
One in six children worldwide lives in extreme poverty and at the current rate the commitment to reduce that to zero by the end of this decade will be missed.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.
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12 Sep 23
Wealthy nations directed $1bn of aid over a decade to the “war on drugs” and therefore contributed to human rights abuses across the globe, campaigners have said.
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8 Sep 23
Plans to bring new countries into the BRICS economic bloc might not have many economic benefits in the near future, an analyst has warned.
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8 Sep 23
Providing emerging markets with $15bn of grants and concessional loans would help “unlock” offshore wind accelerating progress on net zero, the World Bank has said.
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5 Sep 23
Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
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1 Sep 23
Better understanding the scale and character of corruption will allow the world to push forward with eradicating it and spending that would-be-lost money on development, a senior figure at the United...
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25 Aug 23
Governments shielding households and businesses from the spike in energy prices caused by Russia’s invasion of Ukraine meant environmentally harmful fossil fuels were subsidised at their highest ever...
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22 Aug 23
High debt costs “trap” many countries in the Global South in a cycle of fossil fuel production as they try to generate enough revenue to service their borrowing, representing a barrier to phasing out...
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18 Aug 23
Recent global developments will have a “lasting impact” on growth in major economies, with potential GDP growth not catching up with its pre-pandemic trend any time soon, experts have warned.
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15 Aug 23
The United Nations wants to lead international tax policy, amid concerns from developing countries that the OECD processes are not reflecting their needs.
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8 Aug 23
Dozens of countries will see their credit ratings cut unless the world cuts greenhouse gas emissions and slows climate change, research has suggested.
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1 Aug 23
Governments will lose nearly $5trn to tax havens in the next decade if the international system remains unchanged, campaigners have warned while hailing the prospect of tax “revolution” through the...
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27 Jul 23
Economic challenges for emerging countries to reach Net Zero could be solved by the West and China, says think tank
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27 Jul 23
Invasion of Ukraine isn’t holding back growth but inflation remains stubborn
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18 Jul 23
Governments guaranteeing loans and a fund for countries in crisis are among plans for the World Bank to boost its lending power, as the bank’s new leadership faces up to its responsibilities amid...
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14 Jul 23
New technical work has brought a long-awaited solution for taxing giant digital companies forward, the OECD has said, but progress has been far slower than first hoped – and trade tensions are on the...
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6 Jul 23
Governments could face “materially lower” revenues if they are unprepared for the increased use of cryptocurrencies, economists at the International Monetary Fund have warned.
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4 Jul 23
Headline inflation across the OECD has continued to fall, hitting the lowest level since before Russia’s invasion of Ukraine.
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29 Jun 23
Governors of major central banks have said there is more “ground to cover” on interest rates, despite concerns over economic slowdowns.