World Bank

Over the first 10 years of the 21st century, developing economies were growing at historically fast rates. That has since changed.

Compared to many other countries, the U.S. trade-to-GDP ratio is below the global average. But the explanation is complicated.

Low and middle-income nations spent $443.5 billion on principal and interest in 2022, says global lender. Many defaulted in recent years.

The meetings are being held in Morocco, still struggling to recover from a severe earthquake just a month ago. The contrast with the U.S. could not be more stark. The IMF says the U.S. is the only major economy where output has returned to pre-pandemic levels.

William Maloney, chief economist for Latin America and the Caribbean at the World Bank, says inflation is only part of the puzzle.

The outgoing World Bank president has been accused of downplaying the risks of fossil fuels.

Chief David Malpass discusses the obstacles facing developing nations, including a scarcity of investment capital and loans from the rich world.

The projected slump would put the global economy on a razor’s edge, World Bank researchers say.

Inequalities between and within countries could widen in 2022, World Bank President David Malpass warns.

World Bank President David Malpass believes his institution will be well situated to both fund and assist in a global COVID vaccine distribution effort.