Populism has a negative impact on the long term economic outlook of Europe and Central Asia but short term growth is expected to accelerate in the region – according to a new report from the World…
Joseph E. Stiglitz is a titan of world economics, the fourth most-cited, and extensively published and translated. The Nobel prizewinner holds positions in several of the world's leading universities,
The World Bank says fewer people are living in extreme poverty, but governments need to focus more on the gap between rich and poor.
The number of people displaced by conflict worldwide stands at 65 million, according to a new World Bank report.
The International Monetary Fund (IMF) has urged member nations to boost “growth-friendly” spending in light of the Syrian refugee crisis. At the
The World Bank and IMF, at their Spring meeting are urging Greece’s creditors to rethink their policies after studies concluded austerity was
The World Bank and the IMF have been meeting in Washington with the possibility of the United Kingdom leaving the European Union high on the agenda.
The Chinese President Xi Jinping launched a new international development bank on Saturday in Beijing that is being seen as a rival to the US-led
With the opening of COP21 in Paris, climate change is at the heart of international debates. Euronews’ Gregoire Lory took the occasion to speak to
The World Bank has cut its growth forecasts for this year and next in the developing East Asia and Pacific, due to the risk of a sharp slowdown in
The World Bank revised its benchmark for measuring extreme poverty and said the number of people under the mark is likely to fall below 10% of the world's population.
Russian President Vladimir Putin, hosting a business forum in Moscow, has told domestic industries they should expand before western sanctions are
The head of the International Monetary Fund has rejected suggestions that Greece could obtain a delay on debt repayments it needs to make next month
Euronews' Isabelle Kumar takes the global economic pulse at the 2015 World Economic Forum with the President of the World Bank, Dr Jim Yong Kim.
The World Bank has cut its global growth forecast. In its bi-annual report, the predicted global growth will be 3 percent for this year and 3.3 for
Asian countries are not doing enough to fight Ebola, that is the conclusion of World Bank group president Jim Yong Kim. The virus has killed more
As West African countries battle to control the outbreak of Ebola, fears that the virus could spread globally has created panic in Europe and the
Fresh bad news potentially for the world economy, and bad news for sure for the Communist party running China. The World Bank has cut its growth
As the deadly Ebola virus continues to claim lives in West Africa, the World Bank has warned the epidemic could drain billions of dollars from the
July 22 marks the 70th anniversary of the Bretton Woods Agreement, which despite its flaws is considered the reason behind a relatively extended
Leaders of five emerging market countries have launched a new $100bn development bank. Known as the BRICS nations – Brazil, Russia, India, China
There was cautious optimism from economic leaders gathered in Berlin as Chancellor Angela Merkel hosted her eco-klatch, an annual event to appraise
The World Bank is urging governments in developing countries to do more to ensure people can get access to financial services – such as bank accounts
The World Bank and IMF have begun their annual joint meeting in Washington, with a long list of fresh challenges facing the two organisations. It
The World Bank has joined the IMF in deploring Ukraine’s current economic performance. Recently the IMF put a multi-billion euro loan on hold, last
The World Bank has reduced forecasts for the Russian economy, as a result of domestic structural challenges and falling global demand. It is the
The world’s biggest car makers have been flexing their muscles – and showing off their muscle cars – in the place they call Motor City – Detroit
A frustratingly slow recovery in developed nations is holding back the global economy, according to the World Bank. It has dramatically cut its
The World Bank has upped its forecasts for next year for China and the developing countries of East Asia – Thailand, the Philippines, Indonesia and
The IMF has urged EU policymakers to deepen the financial and fiscal ties within the euro area with some urgency to restore sagging confidence in the