Global growth to slow through 2023: New Global Economic Prospects report Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s lat
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Introduction – A heady mix of inflation, tech and net zero World GDP to hit $100 trillion in 2022 This introduction sets out some of the key underlying themes in the report and some of the major changes since last year. A year ago, we hoped that the economic effects of the pandemic would wear off relatively quickly. And in one sense they have. We now expect world GDP i
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1 December 2021; Baghdad - As Iraq becomes a Party to the Paris Agreement, the United Nations in Iraq is calling for solidarity with and support to people in Iraq in their efforts to confront climate change. Traditionally known as "the land between two rivers" or Mesopotamia, lush and fertile, Iraq is increasingly experiencing extreme climate events, compounding environmenta
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The analysis and projections contained in the World Economic Outlook are integral elements of the IMF’s surveillance of economic developments and policies in its member countries, of developments in international financial markets, and of the global economic system. The survey of prospects and policies is the product of a comprehensive interdepartmental review of world economic
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Abstract This paper aims, on the one hand, to investigate the impact of corruption on economic diversification in 11 oil-abundant Middle East and North Africa (MENA) countries and three successful diversifiers (Canada, Norway, and Malaysia) over the period 1996-2019. This is done using the Arellano-Bond difference Generalized Method of Moments (GMM) estimator that is effective
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