Tag Archives | economy

What Informal Economy – Drugs?

Anti-government protestors, Nicaragua. Associated Press.   Nicaragua is the poorest Central American country on the brink of a bloody brutal civil war.  More than 200 people have been killed by police and pro-government para-militaries.  Anti-government protestors have home-made weapons that fire rocks.  They can’t combat an organised, armed state force. The death toll rises while […]

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World Bank supports Tonga’s efforts to strengthen inclusive growth

The World Bank’s Board of Executive Directors today approved US$2 million in concessional financing for the Kingdom of Tonga to support the country’s efforts to create a more inclusive, dynamic and resilient economy through targeted and well-planned policy reform. The First Inclusive Growth Development Policy Operation is the first in a series of three development […]

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Developing Countries Face Tough Transition in 2015 with Higher Borrowing Costs and Lower Prices for Oil & Other Commodities

Impending rise in US interest rates could reduce capital flows, spur financial market volatility in developing countries WASHINGTON, June 10, 2015 – Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for oil and other key […]

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World Bank Online: World Bank Lowers Projections for Global Economic Outlook, Urges Developing Countries to Double Down on Domestic Reforms

WASHINGTON, June 10, 2014 – Developing countries are headed for a year of disappointing growth, as first quarter weakness in 2014 has delayed an expected pick-up in economic activity, according to the World Bank’s Global Economic Prospects (GEP) report, released today. Bad weather in the US, the crisis in Ukraine, rebalancing in China, political strife […]

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