For decades, Comoros has grappled with rice shortages, a persistent issue rooted in the state monopoly held over ordinary rice imports by the National Office of Rice Importation and Trading (Office national d’importation et de commercialisation du riz, ONICOR), a cash-strapped state-owned enterprise (SOE). This situation has led to frequent scarcities (e.g., the documented shortages in 2021, 2022, […]
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. […]
