Debt in developing economies

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A crane hovers over a new construction in downtown N'Djamena, the capital city of Chad. Photo credit: Arne Hoel/World Bank

More than half of all low-income countries are already in debt distress or at high risk of it. Debt in low-and middle-income economies has climbed to levels without precedent in modern times. Significant investment will be needed to sustain economic growth in the aftermath of COVID-19. The evidence is clear: Greater debt transparency allows governments to make informed decisions about future borrowing and reduces its cost in the long run.  

Editor's Pick

The Digital Development Global Practice recently launched a new approach to accelerate its work on gender equality, with an ambitious vision that centers on women and girls. © Photo: Arne Hoel / World Bank

Gender equality and digital development are inextricably linked. Yet globally, men are 21 percent more likely to be online than women, a figure that rises to 52 percent in low-income countries. The Digital Development Global Practice recently launched a new approach to accelerate its work on gender equality, with an ambitious vision that centers women and girls across its financing and analytics.  

Photo credit: World Bank Group

If you’re aged 16 to 19 and currently enrolled in high school, we are looking for your most inventive ideas, high-quality writing, and innovative solutions that would strengthen education going forward. Find out more about how to apply and submit your entries by January 31, 2022! 

Blog

Photo credit: World Bank

“From plastic pollution to remittance flows, climate change to digital technology, human capital to road safety, the End Poverty in South Asia blogs have covered a wide range of development priorities from the region. We look back at the past year and highlight some of the most popular blogs from 2021.”

Virtual Events and Broadcast Series

Photo: World Bank Group

Did you know that 2022 marks 10 years since the publication of the World Bank Group’s World Development Report (WDR) on Gender Equality and Development? Over the last decade, progress has been achieved in several key areas: maternal mortality has decreased by around 10 percent. This event will explore the important progress made and lessons learned from the implementation of policy reforms and projects over the last 10 years. Join us live January 13th at 8:30am ET. 

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Data Viz

Unprecedented Increase in Learning Poverty


Unprecedented Increase in Learning Poverty

One of COVID-19’s devastating impacts on the poor and vulnerable can be witnessed in the field of education. It dealt a severe blow to the lives of young children, students, and youth and further exacerbated inequalities in education. Due to prolonged school closures and poor learning outcomes, recent World Bank estimates document that increases in learning poverty – the share of 10-year-olds who cannot read a basic text – could reach 70 percent in low- and middle-income countries. 

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