The Gini Index ranges in value from 0 to 100. A score of 0 means perfect equality. A score of 100 means perfect inequality.

The World Bank on Tuesday agreed with President Trump's complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.

Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor ...

SYDNEY (Reuters) - Growth across the Pacific Islands is expected to slow to 3.6% this year, down from 5.8% in 2023, as a post-pandemic rebound fades and Fiji, contributing half of the region's ...

Washington, DC – October 4, 2024: The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on broad principles for ...

In this model, I try to reflect the essence of the multifaceted problems of our world and offer a view through which we can see and solve them.

The World Bank's fund to help developing countries better prepare for pandemics has raised $667 million from the United States and $54 million from Germany, moving it closer towards its goal of ...

The World Bank and IMF are increasingly focused on expanding their mandate at the expense of economic development and financial stability goals. This paper urges these institutions to “get back to ...

The global economy is dragging along at growth rates slower than previous decades, the World Bank said, as the post-pandemic rebound is weighed down by high interest rates, sluggish trade and ...

The World Bank sees better global economic growth than previously forecast in 2023, due to resilient U.S. consumer spending and China’s recovery from the pandemic earlier this year.

More than 100 low- and middle-income countries have put in early bids for at least $5.5 billion from a fund that initially has only $300 million to spend to help them better prepare for pandemics.

The World Bank (and the IMF) should get credit for increasing their lending to the world's poorest countries during the pandemic. But without additional action, net flows to developing economies ...