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Macroeconomics is the branch of economics that deals with the overall functioning of the economy. Macroeconomic policies have a critical influence on the decisions of households and firms to spend, save, hire and invest. And the conditions they foster set the stage for economic growth and development. The World Bank Group’s macroeconomists work toward the institution's primary goals of ...
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—they must also adopt modern technologies and successful business ...
Trade is an engine of growth that creates better jobs, reduces poverty, and increases economic opportunity. Recent research shows that trade liberalization increases economic growth by an average of 1.0 to 1.5 percentage points, resulting in 10 to 20 percent higher income after a decade. Since 1990, trade has increased incomes by 24 percent ...
Trade is an engine of growth that creates jobs, reduces poverty and increases economic opportunity. Over one billion people have moved out of poverty because of economic growth underpinned by open trade since 1990. The World Bank Group supports an open, rules-based, predictable, international trading system. Overview.
Macroeconomics is the system that connects the countless policies, resources, and technologies that make economic development happen. Without proper macro management, poverty reduction and social equity are not possible.
The first edition of the Human Capital Index (HCI), published by the World Bank Group in October 2018 and updated in 2020, shows that nearly 60% of children born today will be, at best, only half as productive as they could be with complete education and full health (as defined by the index, see question 5). This reflects a serious human ...
Definition. Long-term finance can be defined as any financial instrument with maturity exceeding one year (such as bank loans, bonds, leasing and other forms of debt finance), and public and private equity instruments. Maturity refers to the length of time between origination of a financial claim (loan, bond, or other financial instrument) and ...
The four main dimensions of food security: Physical availability of food: Food availability addresses the “supply side” of food security and is determined by the level of food production, stock levels and net trade. Economic and physical access to food: An adequate supply of food at the national or international level does not in itself ...
Using Behavioral Economics to Boost Impacts: Laura Rawlings [Presentation] Moderator: Margaret Grosh . Day 2 – Tuesday, Oct 29, 2019. 1. Social safety nets: a primer and course overview Ugo Gentilini [Presentation] 2. Delivering safety nets: a framework John Blomquist [Presentation] 3. Choices in cash transfers: key design parameters
A Project for the World. Welcome to the Human Capital Project (HCP), a global effort to accelerate more and better investments in people for greater equity and economic growth. In a post-COVID-19 pandemic world, it's even more important to understand why countries should invest in human capital (HC) and protect hard-won gains from being eroded.