From the Coronavirus (COVID) pandemic to the war in Ukraine, the world and Georgia are experiencing more uncertainty and accelerating disruption. As a small open economy looking to integrate with the global economy, Georgia must carefully navigate these trends by being prepared for the risks and...

This companion piece to the Fall 2022 ECA Economic Update provides an overview of the policy options available to countries to respond to the energy price shock and examines how this crisis could harness the clean energy transition to enhance collective energy security. The options to support...

Bangladesh's development progress over the past decades has been remarkable. Bangladesh has been among the fastest growing economies in the world. Economic development has translated into higher living standards and improved social and health outcomes. The next years will determine Bangladesh's...

Investing in One Health - cross-sectoral, multidisciplinary coordination and collaboration across the human health, animal health, and environmental health sectors - is crucial for maintaining healthy agricultural and food systems and addressing global health security risks. Such action can...

There is no doubt that more sustainable, resistant, and beneficial growth would benefit Chile and its inhabitants. However, this is a difficult and complex issue, with several interconnecting pieces and many different opinions about the best way to achieve this. At the same time, the experience...

Thailand's economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments....

East Asia and the Pacific does not so far conform to the current narrative of stagflation. The region, with some exceptions, is growing faster and has lower inflation than other regions. And prospects for several countries have improved, as they bounced back from the distress of the Delta wave...

South Asia is facing renewed challenges. The impact of the Russia-Ukraine war on food and energy prices on domestic inflation is long-lasting. Externally, countries' current account balances deteriorate rapidly as imports rise on the back of economic recovery and rising inflation, remittances...

As the COVID+?19 crisis recedes, Latin America and the Caribbean (LAC) is back to work and looking forward. Reported deaths related to the pandemic are low and have plausibly converged to global levels. Yet low vaccination rates in some countries leave them vulnerable to new variants. In most...

Globalization, demographic trends, the green transition, and technological innovations are transforming labor markets in Europe and Central Asia, altering their institutional and contractual arrangements, and creating disparities and vulnerabilities in the labor force. Systemic risks-economic,...