Short- and medium-term growth perspectives in Germany are bleak. This is putting the public budget under stress. A reform of the debt brake could increase public financial leeway, but would not in itself solve the fundamental economic problems. Even with a higher permissible level of government...

While the Philippines has been one of the most dynamic economies in the East Asia and Pacific (EAP) region, with gross national income (GNI) per capita more than tripling, and poverty declining sharply from 33.5 percent in 2000 to 18.1 percent in 2021, it still faces a complex range of...

Analysis of the growth patterns in the Global South in the twenty-first century suggests there is room for authoritarian states to search for new growth models. Authoritarian states, such as Turkey and Egypt, benefited from global financial circumstances in the early 2000s and experienced shifts...

This Kenya Jobs Diagnostic discusses Kenya's demographic transition and its impact on the labor force and economic growth. It highlights the importance of creating a favorable environment for the young labor force to drive innovation and growth. However, if there is a mismatch between labor...

The economic rise of China has changed the global economy. The authors explore China's transformation from a low-cost manufacturing hub to an increasingly innovation- and service-driven economy. Major growth drivers for the period 2010-2025 are analysed, including the paradigms of "Made in...