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Jan
17
2024
VIRTUAL
2:00—3:00 PM ET / 7:00-8:00 PM GMT
December 18, 2023
To navigate this unsettled, difficult period, how can policymakers need to make their economies more resilient to shocks while implementing comprehensive structural reforms to boost long-term growth prospects? And can the global economy finally move past these overlapping crises to turn a corner? Jo...
Jan
11
2023
2:00—3:00 PM Eastern Time | 7:00 - 8:00pm GMT
December 21, 2022
The world economy has been suffering a series of destabilizing shocks. Consensus forecasts for global growth in 2023 have been downgraded significantly over the past six months. Although these forecasts do not point to a global recession for now, the steep slowdown heightens the likelihood of a glob...
Blog Post
June 23, 2022
The World Bank and other multilateral development banks are historically underutilized assets when it comes to USAID’s development objectives across a wide range of sectors and initiatives. We offer instead a set of recommendations that USAID could implement largely within its own purview, or with a...
BRIEFS
April 29, 2022
With the COVID-19 pandemic hitting government balance sheets especially hard in low-income countries, the World Bank’s shareholders—including the United States—agreed to an advance replenishment of its grant and low-interest loan window, the International Development Association (IDA). By holding a ...
Blog Post
March 22, 2021
The Biden administration and the Congress rightly went big in the recently passed American Rescue Plan at a time of tremendous need. The package was appropriately focused on the domestic side, but it did not neglect the rest of the world. One might reasonably ask then why $1 billion or $2 billi...
Jan
14
2021
2:00—3:15 PM ET
January 05, 2021
Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global output is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to ra...
Jul
22
2020
11:30—12:30 PM ET
July 16, 2020
According to IMF and World Bank forecasts, Latin America will be the most affected region by the COVID-19 crisis in terms of economic growth. Varying degrees of lockdowns and the shock to trade, commodity, prices, tourism, and remittances from the pandemic – exacerbated by already weak health system...
BRIEFS
October 11, 2019
The World Bank is a multilateral organization that provides financial and technical assistance to developing countries. As the World Bank’s largest shareholder, the United States maintains a unique influence in shaping its agenda and has a vested interest in ensuring the institution is well ma...
Jan
16
2018
9:30—11:00 AM
January 02, 2018
The World Bank’s Global Economic Prospects 2018 recognizes that the global economy is enjoying a long-awaited broad-based cyclical recovery. In this favorable environment, the Bank expects growth in emerging and developing countries to continue during the next couple of years. But this is no t...