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Global Economic Prospects January 2024 cover image
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Global growth is expected to hold steady at 2.7 percent in 2025-26. However, the global economy appears to be settling at a low growth rate that will be insufficient to foster sustained economic development¡ªwith the possibility of further headwinds from heightened policy uncertainty and adverse trade policy shifts, geopolitical tensions, persistent inflation, and climate-related natural disasters.?

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Business Ready Report 2024

Business Ready (B-READY) 2024

What does the world need to do to become ¡°Business Ready¡±? A healthy business environment and strong private sector are foundations of economic growth: generating jobs, boosting investment and increasing output. The Business Ready (B-READY) 2024 report assesses the regulatory framework and public services directed at firms, and the efficiency with which regulatory framework and public services are combined in practice.

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World Development Report 2024: The Middle-Income Trap

Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies what developing economies can do to avoid the ¡°middle-income trap.¡± Lower-middle-income countries must go beyond investment-driven strategies¡ªthey must also adopt modern technologies and successful business practices from abroad and infuse them across their economies.?

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Open Knowledge Repository

Select works from over 30,000 World Bank publications

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    Financing Firm Growth: The Role of Capital Markets in Low- and Middle-Income Countries shows that the gap in capital market financing between low- and middle-income countries and high-income countries has narrowed, with resulting benefits for both the firms accessing those markets and for the countries in which they operate.

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    Growing disparity between the rich and poor remains a critical challenge, affecting countries across all continents, irrespective of their per capita gross domestic product. This widening gap not only impedes efforts to eradicate extreme poverty but also hinders progress toward social justice and resilience-building. This publication offers a comprehensive analysis of the current challenges and future perspectives of inequality on the African continent. 

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    Building on the foundation of the three previous editions of Disease Control Priorities (DCP), this new fourth edition uses a country-specific approach based on collaboration to summarize, produce, and help translate economic evidence into better priority setting and capacity strengthening for universal health coverage, public health functions, pandemic preparedness and response, and intersectoral and international action for health.

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    This report details four policy action areas governments can embrace to maximize the benefits of adequate social protection for all: extending social protection to those in need; strengthening the adequacy of social protection support; building shock-proof social protection systems; and optimizing social protection financing.

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    The report Greater Heights: Growing to High Income in Europe and Central Asia relies on the 3i strategy described in World Development Report 2024¡ªinvestment, infusion, and innovation¡ªto propose policy options to assist middle-income countries in Europe and Central Asia in the effort to reach high-income status. 

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    Competition is a core element of economic growth, but empirical evidence on how competition affects productivity is often limited. Competition and Productivity Growth in Latin America and the Caribbean presents new empirical research that shows how competition policy in the region has effectively boosted productivity growth and improved market outcomes.

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