Washington DC, US//—As the Sub-Saharan African economy struggles to recover from the 2020 recession induced by the COVID-19 (coronavirus) pandemic, the region now faces new economic growth challenges, compounded by the Russian invasion of Ukraine.
Category: Investing
Tax Coordination Can Lead to a Fairer, Greener Global Economy
Technology, globalization, and global warming have changed the world, and taxation must keep pace. With a mouse click, individuals can move money across borders and corporations can transact with their affiliates across global supply chains.
Addressing Challenges to Growth, Security and Stability – Scene-Setter Speech by World Bank Group President David Malpass
Thank you very, very much for the warm welcome from everyone. Thank you for the hospitality and for showing me the city of Warsaw. I want to thank the Warsaw School of Economics for hosting us today.
Bitcoin to Hit $75k?: Panic Sellers Are Feeding Bitcoin Whales
Bitcoin will recover from the current crypto crash to hit a fresh all-time high of $75,000 by the end of 2022, predicts the CEO and founder of one of the world’s largest independent financial advisory organisations.
What Drives Chinese Migrants to Ghana: It’s not Just an Economic Decision
Ghana is a popular destination for Chinese migrants. Wikimedia Commons Jinpu Wang, Syracuse University Over the past two decades, there have been many debates about China’s growing engagement in Africa. In these discussions, the more than one million Chinese expatriates, business people and labourers who come and work in Africa are often seen only as […]
How Will the AfCFTA Boost Ghana’s Free Zone Exports?
With a focus on driving broader economic development through both manufacturing and the establishment of special economic zones (SEZs), Ghana is looking to capitalise on the benefits associated with the African Continental Free Trade Area (AfCFTA).
East Asia and Pacific Economic Recovery Faces Risks from the War in Ukraine
Washington, US//—The war in Ukraine threatens the uneven recovery of developing East Asia and Pacific (EAP) countries from the COVID-19 shock, the World Bank said on Monday.
Ghana: SOEs Record ¢2.61 Billion Loss in 2020
Accra, Ghana//-State Owned Enterprises (SOEs) recorded ¢2.61 billion loss in 2020, according to the 2020 State Ownership Report.
World Bank Pays LEAP Arrears for 344,000 Beneficiary Households In Ghana
Accra, Ghana –The World Bank today released GHS 42 million through the Ghana Productive Safety Net Project 2 (GPSNP 2), to support Government of Ghana (GoG) to pay two cycles of arrears—75th and 76th cycles—of the Livelihood Empowerment Against Poverty (LEAP) for 344,000 beneficiary households.
Are We Ready for the Coming Spate of Debt Crises?
In recent weeks, Russia’s invasion of Ukraine has exacerbated global economic risks. There is a fourth element, however, that could make the mix combustible: the high debt of emerging markets and developing economies.