Global economic development has long been propelled by the mass production and consumption of raw materials—for food, energy, shelter, and all the comforts of modern civilization. Even as the...
Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia’s...
The world economy continues to suffer from a series of destabilizing shocks. After more than two years of pandemic, the Russian Federation’s invasion of Ukraine and its global effects on commodity ...
The war in Ukraine has caused major supply disruptions and led to historically higher prices for a number of commodities. Most commodity prices are now expected to see sharp increases in 2022 and remain...
The war in Ukraine has caused major supply disruptions and led to historically higher prices for a number of commodities. Most commodity prices are now expected to see sharp increases in 2022 and remain...
The war in Ukraine has caused major supply disruptions and led to historically higher prices for a number of commodities. Most commodity prices are now expected to see sharp increases in 2022 and remain...
Global activity is now moderating from a strong rebound following the pandemic recession. Inflation has risen to become a central concern, with global financial conditions tightening as central banks...
This paper presents a comprehensive analysis of the impact of COVID-19 on debt, puts recent debt developments and prospects in historical context, and analyzes new policy challenges associated with...
Oil prices saw sharp moves in June and July because of both demand and production factors. The price of Brent crude oil averaged at US73 dollars/bbl in June, marking a seven percent increase from May...
Oil prices saw sharp moves in June and July because of both demand and production factors. The price of Brent crude oil averaged at US73 dollars/bbl in June, marking a seven percent increase from May...
In May 2021, crude oil prices rose by 5 percent and continued to increase in June. The global economy continues to recover, with global growth expected to reach 5.6 percent in 2021. The number of new...
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major...
In May 2021, crude oil prices rose by 5 percent and continued to increase in June. The global economy continues to recover, with global growth expected to reach 5.6 percent in 2021. The number of new...
The recovery in oil prices continues, with the price of Brent crude oil reaching in March an increase of more than thirty percent since the start of 2021. However, prices subsequently declined, with...
The recovery in oil prices continues, with the price of Brent crude oil reaching in March an increase of more than thirty percent since the start of 2021. However, prices subsequently declined, with...
Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged...
The OPEC+ decision to delay an easing of production cuts in February and March supported oil prices, with crude oil prices rising 15 percent in December and continuing to strengthen in January. The...
Waves of debt accumulation have been a recurrent feature of the global economy over the past 50 years. In emerging market and developing economies, there have been four major debt waves since 1970...
The OPEC+ decision to delay an easing of production cuts in February and March supported oil prices, with crude oil prices rising 15 percent in December and continuing to strengthen in January. The...
Following the collapse in output in the second quarter of 2020, the strength of the global rebound is quickly fading as persistently high new daily COVID-19 cases hinder activity. The global composite...