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Djibouti's investment-focused strategy has propelled average growth rates to about 6 percent over the past decade, leading to a doubling of GDP per capita. However, substantial public investment ...

As a small, fragile, and remote island state, the Republic of the Marshall Islands faces several vulnerabilities and challenges, including high exposure to climate-related shocks and persistent labor ...

Welcome, everyone. It is wonderful to have you all here with us this morning for our Global Policy Agenda press briefing.

The global economy has weathered the latest in a series of shocks better than expected, but continued resilience should not ...

This paper assesses the effectiveness of Morocco’s monetary policy transmission since 2018 in light of reforms aimed at modernizing the policy framework. Over the past decade, Morocco has introduced ...

This paper estimates the macroeconomic effects of forced displacement on host economies in SubSaharan Africa, drawing on cross-country panel data and country case studies of Burkina Faso, South Sudan, ...

The literature characterizes zombie firms as economically unviable companies that continue to operate. This paper proposes ...

The rapid advance of generative artificial intelligence (AI) has sparked intense debate about its effects on labor markets. We draw on over 700 million online job postings to present new evidence ...

How are inflation expectations affected by foreign supply shocks? We show that, beyond bilateral exposure, a second network matters: the one linking forecasters to the countries they cover. Using ...

In less than seven years, the global economy has been subjected to an exceptional sequence of events. The pandemic and the ensuing disruptions to global supply chains; wars in Ukraine and the Middle ...

The world’s economic growth engine has proven resilient, but making this durable requires adapting to AI and other transformations ...