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The Great Reversal: Prospects, Risks, and Policies in International Development Association Countries

The Great Reversal: Prospects, Risks, and Policies in International Development Association Countries

The 75 economies eligible for low-interest loans and grants from the World Bank¡¯s International Development Association (IDA) had made notable progress against some important development objectives over the first two decades of this century. Despite this, on the eve of the COVID-19 pandemic, significant development gaps persisted, income convergence with advanced economies was slowing, and some vulnerabilities were rising.

World Development Report 2023

World Development Report 2023: Migrants, Refugees, and Societies

World Development Report 2023 proposes an innovative approach to maximize the development impacts of cross-border movements on both destination and origin countries and on migrants and refugees themselves. The framework it offers, drawn from labor economics and international law, rests on a ¡°Match and Motive Matrix¡± that focuses on two factors: how closely migrants¡¯ skills and attributes match the needs of destination countries and what motives underlie their movements.

Women Business and the Law 2023
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Women, Business and the Law 2023 is the ninth in a series of annual studies measuring the laws and regulations that affect women¡¯s economic opportunity in 190 economies. It identifies barriers to women¡¯s economic participation and encourages reform of discriminatory laws. This year, the study also includes research, a literature review, and analysis of 53 years of reforms for women¡¯s rights and makes an important contribution to research and policy discussions about the state of women¡¯s economic empowerment.

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    The global agrifood system has been largely overlooked in the fight against climate change. Yet, greenhouse gas emissions from the agrifood system are so big that they alone could cause the world to miss the goal of keeping global average temperatures from rising above 1.5 centigrade compared to preindustrial levels. The report offers the first comprehensive global strategic framework to mitigate the agrifood system¡¯s contributions to climate change, detailing affordable and readily available measures that can cut nearly a third of the world¡¯s planet heating emissions while ensuring global food security.

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    Health care systems must be prepared to address the expanding and complex needs of an aging population. Rather than a ¡°silver challenge,¡± this situation should be seen as an opportunity to reevaluate and reorganize the health care delivery system holistically. "Silver Opportunity Case Studies" presents a comprehensive examination of care for older adults in diverse economic and geographic contexts through a collection of country and regional case studies.

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    This report is part of a joint World Bank-IFC effort to support countries on their path to developing these markets. It analyzes the key drivers of cloud and data infrastructure growth in these settings. It examines the business models, policies, and regulatory environment shaping the market trends as data from public and private sectors migrate to the cloud and explores the challenges in attracting investments.

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    The global race for implementing 5G mobile technologies has seen countries riding a new wave of wireless technologies. 5G¡ªthe next generation of mobile technologies¡ªcan enable a significantly higher level of performance over 4G mobile communications, providing a new layer of connectivity to support innovative, data-intensive applications. 

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    After several years of negative shocks, global growth is expected to hold steady in 2024 and then edge up in the next couple of years, in part aided by cautious monetary policy easing as inflation gradually declines. However, economic prospects are envisaged to remain tepid, especially in the most vulnerable countries.

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    Using rich datasets, ¡°Digital Opportunities in African Businesses¡± offers a new understanding of the region¡¯s incomplete digitalization¡ªnamely, shortfalls in the adoption and effective use of digital technology by firms to perform productive tasks.

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