Progress toward achieving the Sustainable Development Goals (SDGs) requires urgent and substantial scaling up of investment. While the estimates of the funding required to bridge these investment gaps in emerging market and developing economies (EMDEs) vary across studies, they generally amount to trillions of dollars per year. Thus, UNCTAD’s latest estimate of the aggregate investment gap faced […]
Central banks have made substantial progress in the fight against inflation. In July 2022, the median inflation rate worldwide was 9.4 percent, the highest since 2008. By last month, it had been whittled down to 2.9 percent. This decline in inflation has been broad-based: in 90 percent of countries it is now lower than in July 2022. […]
Every year in Western and Central Africa, 6 million young people enter the labor force, while only about half a million new jobs are created. This enormous jobs deficit means that most entrants into the workforce work in the informal sector, with insecure income, low quality employment, and very little hope of escaping poverty. The repercussions […]
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