Explore two of the most prominent World Bank Group publications on global growth. The World Development Report 2024: The Middle-Income Trap takes a deep look at major challenges affecting long-term development, helping shape policy discussions around the world. The Global Economic Prospects report tracks current economic trends, risks, and forecasts across regions. Together, they offer both big-picture thinking and up-to-date analysis, making them an essential reading for anyone working to understand or support economic growth. Check out additional research initiatives by the World Bank Development Research Group.
World Development Report 2024: The Middle-Income Trap
Middle-income countries—home today to 6 billion people—are in a race against time. Many have set ambitious deadlines for themselves: reach high-income status within the next two or three decades. What can countries do to avoid the middle-income trap and climb to high-income status?
Find curated insights from the latest Global Economic Prospects report: Global Economy Faces Trade-Related Headwinds.
World Bank Global Economic Prospects
Rising trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008. The turmoil has led to lower growth forecasts in nearly 70% of all economies, across all regions and income levels. What are the policies needed to boost investment and growth?
