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This blog is a biweekly feature highlighting recent working papers from around the World Bank Group. It introduces four papers published from October 16 to October 31 on various topics, including trade, COVID-19, education, and public spending.
This is a critical time for education. A cost-of-living crisis, including rising food and energy prices and the war in Ukraine are putting pressure on policymakers to cut education budgets. It is tempting because economic dividends from education only materialize decades later and students cannot exert political pressure by voting.
You are here Home » News & events » All stories » While rich countries experience a post-COVID boom, the poor are getting poorer. Here's how Australia can help While rich countries experience a post-COVID boom, the poor are getting poorer. Here's how Australia can help 19 May 2021 The latest IMF and World Bank reports show a global economic boom gathering steam. This is thanks to US$16 trillion in fiscal stimulus packages spent mostly across the world’s rich nations since the pandemic began. After the reversal of 2020, the global economy is now projected to grow by 6% in 2021, powe...
While rich countries experience a post-COVID boom, the poor are getting poorer May 19, 2021 | 4:49 pm PHILSTAR The latest International Monetary Fund and World Bank reports show a global economic boom gathering steam. This is thanks to $16 trillion in fiscal stimulus packages spent mostly across the world’s rich nations since the pandemic began. After the reversal of 2020, the global economy is now projected to grow by 6% in 2021, powered by strong growth in the US and China, which are forecast to grow by 6% and 8%, respectively. Australians are not missing out, thanks to A$311 ...