Science, innovation, knowledge and digital technologies have played a fundamental role in the growth potential, social inclusion and environmental sustainability of countries in recent decades, and have become even more important in the context of the crisis caused by the coronavirus disease...

During the pandemic, African banks rebalanced their portfolio towards sovereign assets, and crowding out of credit to private sector intensified. Policy support, however, averted a credit crunch. The increase in public debt across Africa due to the COVID-19 crisis intensified crowding out of...

We compare the economic and environmental performances of India and China over the past decade against the Euro Area, Japan, and the USA. India has emerged as the world's fastest growing large economy, but closer scrutiny suggests this impressive economic performance derives largely from...

This paper revisits the relationship between economic growth and employment creation as expressed in Okun’s law by using the latest updated global ILO dataset for new and more detailed estimates. The analysis confirms that there are important variations across regions of the world and income...