-
7 Jun 21
Six years of fighting have devastated the Yemeni economy and left millions in need of humanitarian aid, and those problems have been exacerbated by Covid-19, an International Monetary Fund official...
-
4 Jun 21
Better tax administration would help African countries adopt transformative social protection policies such as minimum income schemes to spur development and ensure nobody is left behind, a report...
-
28 May 21
Nearly a third of the European Union’s long-term budget will likely be used to reduce economic and social inequality within the bloc, after leaders formally adopted a €330bn package of support.
-
27 May 21
Russia’s aim to halve poverty by 2030 would be easier and more cost-effective if it introduced a guaranteed minimum income programme rather than expand its existing social safety net, the World Bank...
-
19 May 21
Governments need to spend far more on research and development on clean energy if the world is to reach net zero carbon emissions by 2050, the International Energy Agency has said.
-
12 May 21
The widespread nature of the 'informal economy' in developing countries leaves governments with fewer resources with which to support the economic recovery from Covid-19, a World Bank study has found.
-
6 May 21
New Zealand has been urged to scale up its interventions in the labour market to ensure its recovery does not leave sections of society behind.
-
5 May 21
The pandemic and the political crisis in Myanmar are threatening to bring the country to the point of economic collapse, reversing more than a decade of human development gains, the United Nations...
-
28 Apr 21
Developing economies in Asia could recover faster than expected from Covid-19 but some countries are likely to lag behind, the Asian Development Bank has said.
-
7 Apr 21
Prospects for economic recovery vary starkly across regions and between countries despite the world economy emerging from the worst phase of the Covid-19 pandemic, the International Monetary Fund has...
-
6 Apr 21
Around 25 countries – about one in eight – spent more on servicing debts in 2019 than on education, health and social protection combined, according to UNICEF.
-
29 Mar 21
Latin American nations will record the slowest Covid-19 recovery of developing economies, due to legacy structural economic weaknesses, according to rating’s agency Standard and Poor’s.
-
17 Mar 21
The Chinese Government’s ‘underwhelming’ energy transition plan could reduce interest in green bonds issued by the nation, according to experts.
-
17 Mar 21
Governments are failing to ‘build back better’ from Covid-19, with just 18% of recovery spending going on ‘green' projects, a group of academics and the United Nations has said.
-
16 Mar 21
Malaysia is likely to become a high-income economy between 2024 and 2028 but must ensure its development is sustainable, the World Bank has said.
-
16 Mar 21
Asia-Pacific nations must refocus their efforts on achieving sustainable development goals, according to the Asian Development Bank.
-
11 Mar 21
China will look to expand its middle class while continuing to open up its economy to trade, state media reported following the adoption of the country’s latest five-year plan.
-
2 Mar 21
The international community has pledged less than half of what the United Nations said it needs to address the humanitarian crisis in Yemen, according to the organisation’s secretary-general António...
-
9 Feb 21
State-owned oil companies risk wasting $400bn on oil and gas projects that will only break even if the world fails to meet the Paris agreement climate goals, according to a report from an NGO.
-
2 Feb 21
The European Union must rethink its strategy for getting people out of poverty after failing to meet its own targets during the past decade, a United Nations official has said following a visit to...
-
28 Jan 21
A US council that took funding away from its police department in the wake of Black Lives Matter protests is to use some of that money to provide services to homeless people.
-
26 Jan 21
Economic recovery from Covid-19 will depend on renewed investment in education, the Asian Development Bank has told governments in the Asia Pacific region.
-
15 Dec 20
The global debt crisis is making it difficult for development banks to help countries through the pandemic, with money going to creditors rather than public services, the World Bank’s managing...
-
4 Dec 20
One-in-seven people worldwide could be left with less than $1.90 a day to live on in the wake of the economic crisis caused by Covid-19, a UN study has warned.
-
4 Dec 20
Claire Schouten and Vivek Ramkumar from the International Budget Partnership give examples of how cooperation between spending watchdogs and civil society have brought benefits for people.