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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.
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26 Jun 23
Governments should raise taxes or cut spending in a bid to reduce the burden on monetary policy in the fight against inflation, a central bank body has argued.
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20 Jun 23
Finance ministries have an important part to play in dealing with the climate crisis, a group of ministers have said as they publish a guide for embedding green considerations into financial decision...
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20 Jun 23
Taxes on the world’s richest people and debt cancellation could help to fund climate change mitigation and adaptation projects in poorer countries and reverse growing inequalities, experts have said.
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19 Jun 23
Governments across the world will fail to fund the transition to net zero without reversing trillions of dollars of agriculture, fishing and fossil fuels subsidies, economists at the World Bank have...
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16 Jun 23
The US Federal Reserve and European Central Bank have announced their new rates
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9 Jun 23
The wide scope of European Union development spending in other countries could limit the programme’s impact, the bloc’s spending watchdog has warned.
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9 Jun 23
Fiscal policy needs to focus on boosting productivity in order to push the global economy away from the gloomy outlook, the OECD has said upon publishing its latest judgement of the world’s GDP...
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8 Jun 23
This blog highlights some of our learning from each of the sessions at a recent conference on digital financial public financial management, each of which provides an example of different ways in...
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6 Jun 23
The world economy is “precarious” in the context of high interest rates, slow trade and huge debt pressures, the World Bank has said as it released its latest Global Economic Prospects report.
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6 Jun 23
The World Bank’s new president has been selected as member countries demand big reforms.
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6 Jun 23
The rise of artificial intelligence has the potential to boost productivity by trillions of dollars but risks disruption at a scale governments are not yet ready to deal with, the International...
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2 Jun 23
Curiosity and imagination are crucial skills for individuals and organisations alike.
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26 May 23
Fears over the affordability and security of fossil fuels are set to increase renewable energy investments this year, experts at the International Energy Agency have said.
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24 May 23
Nations raised $95bn through carbon taxes and emissions trading systems last year, an increase of more than 10% on the $84bn raised in 2021, the World Bank said.
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23 May 23
The international finance system “reflects power relations of 1945” and needs to be updated, said António Guterres.
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22 May 23
The Ukraine war is set to push up global borrowing despite more expensive costs, the OECD has said.
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9 May 23
The best way to reduce sovereign debt is by boosting economic growth. By tapping the hidden value in its balance sheet, governments can exit the crisis faster and more sustainably, writes Dag Detter.
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4 May 23
Former Mastercard chief executive Ajay Banga has been named as the next president of the World Bank, becoming the first Indian-American to lead the institution.
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25 Apr 23
Rising prices have squeezed take-home pay in most OECD countries because wages have not kept up and income tax thresholds were frozen.