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Understand South Korea's rapid transition to a high-income economy
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Knowledge Note
Korea is one of the countries that have demonstrated early successes in bringing a domestic network to scale and building a comprehensive national strategy to maximize the transformative potential of 5G.
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Megacities in developing countries suffer from high levels of greenhouse gas (GHG) emissions, and heavy air pollution.
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Megacities in developing countries suffer from traffic congestion, emissions, and air pollution.
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The global transport sector faces ongoing challenges amid the coronavirus pandemic and increased urgency for climate action. But there are also new opportunities emerging to create transport systems...
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Knowledge Note
Faced with this multifaceted crisis, Iraq’s growth is expected to contract by 9.5 percent in 2020, the worst annual performance since 2003.
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The COVID-19 pandemic has destabilized the world economy and the Jordanian economy is projected to contract by 5.5% in 2020.
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Knowledge Note
Growth in Egypt is expected to have remained positive, but declined from 5.6% in FY2019 to 3.5% in FY2020, and then further to 2.3% in FY2021, before rebounding in FY2022.
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With persistent political instability, the economy has struggled to garner investor confidence since the revolution such that GDP growth averaged just 1.5% between 2011 and 2019.
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In October 2019, the economy plunged into a financial crisis brought about by a sudden stop in capital inflows, which precipitated banking, debt , and exchange rate crises
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Knowledge Note
Even before COVID-19, lower oil prices since 2014 had widened fiscal and external imbalances and intensified macroeconomic vulnerabilities.
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Real GDP growth is projected at -1% compared to an average of 7% per year from 2015 to 2019, as a result of COVID-19.
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Real GDP growth in Qatar will turn positive again in 2021 as energy prices stabilize at around US$42bbl, global LNG demand picks up, and nonenergy economic sentiment improves once the pandemic is controlled.
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Large financial assets underpin Kuwait’s economic resilience, but fiscal and structural reform are key to offset the risks of lower oil prices.
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Knowledge Note
The devastating impact of COVID-19 on Oman's economic activity indicates that the public finances will remain under increasing pressure over the forecast period reinforced by severely subdued global energy prices
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Knowledge Note
A political resolution is needed to implement the required reforms for a private sector driven growth and jobs generation.
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Disruptive Technologies (DTs) are transforming the world but very few of these technologies are being designed and deployed to solve development challenges.
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Knowledge Note
Algeria’s long-term growth performance is slowing down, driven by a shrinking hydrocarbon sector, a winded public-led growth model, and an underdeveloped private sector.
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Knowledge Note
The COVID-19 pandemic hit Morocco’s economy in a context of low and below potential economic growth, constrained by low productivity.
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