One defining feature of financial crises, evident in U.S. and international data, is asymmetric bank distress—concentrated losses on a subset of banks. This paper proposes a model in which shocks to borrowers’...
يرصد مرصد الاقتصاد اليمني آخر التطورات الاقتصادية الرئيسية والسياسات خلال الأشهر الستة الماضية، كما يعرض نتائج أعمال البنك الدولي الأخيرة في اليمن. رغم استمرار التوترات الداخلية، حيث تواصل حركة الحوثي...
Fourteen years of conflict have devastated Syria’s economy. The assessment takes stock of Syria’s economic trajectory amid ongoing political transition and regional instability. It highlights the severe...
أدت أربعة عشر عامًا من الصراع إلى تدمير اقتصاد سوريا. يتناول هذا التقييم المسار الاقتصادي للبلاد في ظل الانتقال السياسي المستمر وعدم الاستقرار الإقليمي، ويسلط الضوء على التآكل الحاد في القاعدة الاقتصادية،...
In the East Asia and Pacific (EAP) region, total factor productivity growth has slowed over the past two decades. Why this slowdown has come at a time of rapid technological progress is a puzzle. This...
ශ්රී ලංකා සංවර්ධන යාවත්කාලීන කිරීම (SLDU) සඳහා ප්රධාන අරමුණු දෙකක් ඇත. එය පසුගිය මාස 12 තුළ ශ්රී ලංකාවේ ආර්ථිකය තුළ සිදු වූ ප්රධාන සංවර්ධන වාර්තා කරමින් ඒවා දිගුකාලීන සහ ගෝලීය පසුබැසීමකින් සලකා බලයි...
Following a decade of low and unstable growth, Lesotho has a unique opportunity to build a new foundation for robust and inclusive development. As real GDP growth pivoted from a 6.3 percent expansion in...
This paper estimates the effect of electricity prices on firm performance, focusing on firm productivity, sales, and employment. Using the World Bank Business Pulse Survey data for a sample of 24 emerging...
GDP growth remained stable in 2024 notwithstanding slower economic activity in the latter half of the year. Household consumption moderated due to the impact of high food prices and mobility disruptions...
Economic and population growth over the past 50 years have increased global natural resource use to levels that severely affect human well-being. In Türkiye, as elsewhere, economic and population growth...
This report examines the transition of Turkish firms to align with circular economy (CE) principles, highlighting both immediate needs and the longer-term opportunities from engaging in a transition agenda...
This paper develops a “plausible worst-case” scenario for Cambodia to illustrate how a severe, 1-in-10-year flood could trigger cascading impacts, including widespread disease outbreaks and financial instability...
The development objective of Support to Regional Knowledge Capacity on Economic Transformation, Resilience, and Recovery Project for Africa is to strengthen the African Center for Economic Transformation’s...
This edition of the Djibouti Economic Monitor (DEM) is part of a program of biannual reports analyzing Djibouti’s development trends and constraints. The aim of each issue is to present the country’s recent...
This paper describes power sector modeling methodologies for the World Bank’s macrostructural model — MFMod. Macrostructural models generally do not model sectors, such as the power sector, in detail...
Since 2020, many countries in Sub-Saharan Africa have experienced disruptions to agricultural activities due to the adverse effects of multiple global crises. Notably, the Russian invasion of Ukraine caused...
The World Bank has undertaken a second comprehensive monitoring program through multiple channels to find out how private sector firms in Ukraine are faring, and what they will need going forward. The...
The World Bank has undertaken a second comprehensive monitoring program through multiple channels to find out how private sector firms in Ukraine are faring, and what they will need going forward. The...