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?
World Bank Global Economic Prospects
Even as the global economy stabilizes, emerging market and developing economies (EMDEs) are projected to have the weakest long-term growth outlook since the start of this century. What are the policies needed to boost investment and growth?
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This study constitutes the first systematic assessment of the causes of chronic fiscal weakness in the very poorest economies—those with annual per capita incomes of less than $1,145 a year. These economies are poorer today on average than they were on the eve of COVID-19, even though the rest of…
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Policy Research Working Papers
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Policy Research Working Papers
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