WASHINGTON (Reuters) -The Group of 20 major economies, led this year by South Africa, said on Thursday the risk of a systemic debt crisis appears to be broadly contained, but many vulnerable low- and ...
We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...
The latest World Economic Situation and Prospects report for 2024 paints a sobering picture of the global economic landscape. The world economy continues to face multiple crises, jeopardizing progress ...
Since the first industrial revolution in the 18th century, technological innovation has driven human prosperity – though unequally. Nations with physical infrastructure, such as factories, steam ...
For the third year in a row, developing economies paid more in debt service than they received in new financing, hitting a 50-year high in debt outflows during 2022-2024. This is according to the ...
Bedassa Tadesse does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...