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- Dictionarymacroeconomics/ˌmakrəʊˌiːkəˈnɒmɪks/
plural
- 1. the branch of economics concerned with large-scale or general economic factors, such as interest rates and national productivity.
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Apr 1, 2024 · Macroeconomics is the branch of economics that deals with the overall functioning of the economy. Macroeconomic policies have a critical influence on the decisions of households and firms to spend, save, hire and invest. And the conditions they foster set the stage for economic growth and development. The World Bank Group’s macroeconomists work toward the institution's primary goals of ...
Macroeconomics focuses on the performance of economies – changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments. Poverty reduction, social equity, and sustainable growth are only possible with sound monetary and fiscal policies. Macroeconomics Home. Overview.
Macroeconomics and Growth - World Bank Research. Global data and statistics, research and publications, and topics in poverty and development. The World Bank’s digital platform for live-streaming. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global ...
Key indicators, such as Gross National Income (GNI) per capita, have demonstrated impressive growth, averaging 6.9% annually between 1960 and 2017. Moreover, Malaysia has achieved notable success in poverty reduction, with less than 1% of its population living below the international extreme poverty line of US$1.90 a day and only 2.7% below the ...
WDR 2022 Chapter 1. Introduction. Chapter 1. The economic impacts of the COVID-19 crisis. The COVID-19 pandemic sent shock waves through the world economy and triggered the largest global economic crisis in more than a century. The crisis led to a dramatic increase in inequality within and across countries. Preliminary evidence suggests that ...
Sep 20, 2024 · The Macroeconomics, Trade and Investment Global Practice (MTI) provides evidence-based policy options to formulate and implement context-specific GVC strategies. MTI uses analytical and diagnostics tools and data-gathering to offer solutions in terms of analytical services, lending and investment operations, as well as guarantees customized to specific country needs.
Apr 4, 2024 · The Poverty and Equity Briefs (PEBs) highlight poverty, shared prosperity and inequality trends for over 100 developing countries. The briefs are released twice a year for the Spring and Annual Meetings of the World Bank Group and International Monetary Fund. The Briefs help users understand a country’s poverty and inequality context at-a ...
Financial development. Financial sector is the set of institutions, instruments, markets, as well as the legal and regulatory framework that permit transactions to be made by extending credit. Fundamentally, financial sector development is about overcoming “costs” incurred in the financial system. This process of reducing the costs of ...
Sep 4, 2024 · Despite an improvement in near-term prospects, the global outlook remains subdued by historical standards. In 2024-25, growth is set to underperform its 2010s average in nearly 60 percent of economies, comprising over 80 percent of the global population. Downside risks predominate, including geopolitical tensions, trade fragmentation, higher ...
According to the report, developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022. The poorest countries eligible to borrow from the World Bank’s International Development Association (IDA) paid a record $88.9 billion in debt-servicing costs in 2022, 4.8 percent more than in 2021.
