Author: Vitor Gaspar

The global economic and financial outlook has improved in the last six months. Inflation has fallen, financial conditions have eased,

Many countries are ramping up industrial policy to boost innovation in specific sectors in the hope of reigniting productivity and

In the most vulnerable countries, strengthening state capacity must adapt to more frequent economic shocks, greater political instability, and fewer

Emerging market and low-income economies have a significant untapped tax potential of 8 percent to 9 percent of GDP Emerging

Although global debt recorded another significant decline in 2022, it is still high, with debt sustainability remaining a concern The

Three years since the outbreak of the pandemic, fiscal policy has moved a long way toward normalization. Governments have withdrawn

High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way

Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges

Government support was vital to help people and firms survive pandemic lockdowns and support the economic recovery. But where inflation