half of 2022, but China lost momentum. In much of the region, domestic demand revived after the distress of the COVID-19 Delta wave. In China, the public health measures to contain outbreaks of the highly infectious Omicron variant inhibited consumption. Most of the region is projected to grow faster and have lower inflation in 2022 than other regions. Beyond the end of 2022, three factors could be a drag on growth: global deceleration, rising debt, and policy distortions. Current measures to contain inflation and debt are adding to existing distortions in the markets for food, fuel and finance in ways that could hurt growth. In each case, more efficient measures could address current difficulties without undermining longer-term objectives.Citation
Annual Bank Conference on Development Economics 2022: Recovery, Reform, and Business Environment
CONFERENCE DETAILS
- DATE: June 21–24, 2022
- CONTACT: ABCDE 2022
- abcde@worldbank.org
The Annual Bank Conference on Development Economics (ABCDE), organized by the World Bank’s Development Economics (DEC) Vice Presidency, is one of the world’s best-known conferences for the presentation and discussion of new knowledge on social and economic development. The conference aims to promote the exchange of cutting-edge knowledge among researchers, policymakers, and development practitioners.
The theme of ABCDE 2022 is “Recovery, Reform, and Business Environment“, with a key focus on how enterprises are recovering from the pandemic crisis, how the business environment was affected by the pandemic, and reform prospects for the future. It will be held completely online, using a Zoom platform. It will take place over 4 days, June 21–24, from 9:00 am–12:00 pm (EST).
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IDA: Stepping Up
September 26, 1960 marked the beginning of a new chapter in the World Bank’s history b
y introducing one of the most effective instruments in the global fight to eradicate poverty: “The International Development Association (IDA), a new international agency for financing economic growth in the less developed countries, came into being today as an affiliate of the World Bank,” read the release.
From crisis to resilience: World Bank Group Spring Meetings to focus on helping countries build a green and resilient recovery
The lingering pandemic has dealt the global economy an unprecedented shock, and the 
recovery is likely to be slow and uneven. The current crisis is exacerbating inequalities throughout the world and, without access to vaccines, the gap will widen further.
Meanwhile, COVID-19 has made clear the need to establish a better way to handle the debt-financing needs of developing economies. And for a sustainable future, solutions are most urgently needed in developing countries, where the investment gap is deepest, and people are most disproportionately impacted by the climate crisis. So, what will it take to shape a resilient recovery that works for people and the planet?
The State of Economic Inclusion Report 2021: The Potential to Scale
Reversing Setbacks to Poverty Reduction Requires Nations to Work Together for a Resilient Recovery
post-conflict country, in a village with only one primary school and a single water tap, not enough to serve all the residents. There is no electricity and the roads are unpaved.She dreams of furthering her education, moving to the city, and someday working in a bank, so that she can help her family, her village, and her country. But her parents, who are farm workers, sometimes don’t have the money to pay her school fees without taking out a loan.
The Human Face of COVID-19: Six Things to Consider for an Inclusive Recovery
Rehana is 21[1]. She left her village outside Rangpur to come to Dhaka three years ago because
her cousin, who worked in a garment factory, told her there were plenty of opportunities in the city. Rehana admired her cousin’s confidence, independence, and status derived from the financial assistance she gave her family. Rehana also had a permanent disability caused by an accident that impaired her mobility. But once Rehana reached Dhaka, a whole new world opened up. She found new friends, a steady income, and a new sense of self. She began saving for her wedding and sending money back home to her family in the village. She even dreamt of one day owning a small business.
Netherlands for the World Bank 
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