Digital Infrastructure: The New Foundation of Economic Growth
For generations, economic development was closely associated with physical infrastructure. Roads connected villages with cities, power plants supplied energy to...
economic development
Karratha Looks Beyond Mining as New Economic Opportunities Emerge
KARRATHA, Western Australia: Karratha is seeing growing attention around efforts to broaden its economy beyond its traditional dependence on the...
Poland’s Enterprise Development Agency to Showcase Innovation and Business Support at Karpacz Economic Forum
WARSAW, September 4, 2026 — Poland’s enterprise development authorities are preparing for a major economic gathering in Karpacz, where innovation,...
New Zealand Invests More Than $3.4 Million to Strengthen Māori Businesses and Create Jobs
WELLINGTON, September 4, 2026 — The New Zealand Government is investing more than NZ$3.4 million through its Māori Development Fund...
New Zealand Expands Pacific Role as It Joins Regional Leadership Group
WELLINGTON, September 4, 2026 — New Zealand has taken on a larger role in Pacific regional affairs after joining the...
Northern Italy Emerges as a Major European Economic Benchmark for Regional Wealth
Northern Italy has become an important reference point in comparisons of economic prosperity across European regions, highlighting how dramatically living...
Italy Activates €3.4 Billion Investment Package Under National Cohesion Reform
Italy has taken a major step in implementing its national cohesion policy reform, with the government signing its first seven...
World Bank Presents 2026 Atlas of Global Development, Turning Complex Data Into Practical Insights
The World Bank is highlighting the 2026 edition of the Atlas of Global Development, a data-focused resource designed to help...
Bulgaria Advances Major Infrastructure Projects as Government Focuses on Transport Connectivity
Bulgaria is continuing efforts to modernise its transport infrastructure, with authorities focusing on road and railway projects designed to improve...
Thailand Approves Four Immediate Priorities Focused on Economy, Security and Disaster Protection
Thailand's Cabinet has approved a package of four immediate priority measures covering economic development, social services, security and disaster management,...
ASEAN Growth Lifts Millions Out of Poverty as Economic Expansion Creates New Environmental Challenges
Manila: Strong economic growth across Southeast Asia has helped millions of people move out of extreme poverty over the past...
World Bank Data Highlights Sharp Gender Gap Among Young People Outside Work and Education
Washington: A new analysis from the World Bank is drawing attention to a major gender divide among young people who...
Romania Accelerates EU-Funded Investment as Government Focuses on Infrastructure and Economic Development
Romania is continuing to push ahead with major investment projects backed by European funding, with infrastructure, digitalisation and economic development...
AI and Satellite Data Could Transform Africa’s Trade Corridors, World Bank Research Finds
Washington, September 1, 2026: Artificial intelligence and satellite-based geospatial information are emerging as powerful tools for improving the movement of...
World Bank Data Highlights Huge Gender Gap in Youth Who Are Out of Work and Education
WASHINGTON — New World Bank data is drawing attention to a striking gender divide in the number of young people...
IMF Warns Emerging Economies Face Tougher Growth Environment as Global Risks Mount
Global Economy AI Generated Photo Washington, Emerging and developing economies are confronting a more complicated economic environment as geopolitical tensions,...
Guyana Emerges as One of the World’s Fastest-Growing Economies, IDB Report Says
Georgetown, Guyana continues to stand out among the world’s fastest-growing economies as its expanding oil industry drives exceptionally strong economic...
UNDP and Bangladesh Discuss Stronger Investment, Trade and MSME Cooperation
BANGLADESH AI Generated Image Dhaka, The United Nations Development Programme (UNDP) has indicated that it is prepared to strengthen its...
African Development Bank and ECCAS Strengthen Partnership to Accelerate Central African Integration
A young boy plays football on a road at an IDP camp near the town of Jowhar, Somalia, on December...
UNDP Seeks Stronger Partnership With Bangladesh to Boost Investment and Trade
BANGLADESH AI Generated Image Dhaka, The United Nations Development Programme (UNDP) has expressed its willingness to deepen cooperation with Bangladesh...
Uzbekistan Pushes Ahead With WTO Membership as 2026 Accession Target Remains in Focus
Geneva, Uzbekistan is continuing an intensive effort to join the World Trade Organization, with the country reaffirming its ambition to...
UNCTAD to Bring Global Investment Leaders Together in Doha for World Investment Forum 2026
Geneva, The global investment community is set to converge in Doha, Qatar, in October as UN Trade and Development (UNCTAD)...
New Development Bank Reviews Expansion of Development Financing During Bangladesh Visit
Dhaka, The New Development Bank (NDB) is looking to deepen its cooperation with Bangladesh as the multilateral lender explores a...
Why Current Account Imbalances Persist in the Global Economy
Current account imbalances remain one of the most persistent features of the international economy. Some countries regularly record large surpluses,...
How Better Technology Is Creating New Opportunities for Workers in Bangladesh
In Bangladesh, improvements in industrial technology are helping businesses become more competitive while creating new opportunities for workers. The experience...
Investing in the World’s Poorest Countries Can Strengthen Global Prosperity
Investment in the world’s poorest countries can have benefits that extend far beyond their borders. Expanding access to finance, infrastructure,...
Asia-Pacific Tax Revenues Rise in 2024, but Huge Differences Persist Across Economies
Tax revenues increased as a share of economic output across the Asia-Pacific region in 2024, although the latest OECD data...
World Bank Data Highlights Major Gap in Public Services and Transparency
WASHINGTON — August 27, 2026: A World Bank data visualization has highlighted a notable difference among three key pillars used...
World Bank Income Groups 2025: How Countries Are Classified by Income
The World Bank’s latest income classification provides a snapshot of how economies around the world compare based on gross national...
France Unveils €6 Billion Saudi-Funded Theme Park Plan Near Paris
PARIS, August 25, 2026 — France and Saudi Arabia have agreed on a €6 billion investment to develop three large...
World Bank Reclassifies Six Countries as Income Levels Shift in 2026
The World Bank has announced a major update to its global income classifications, with six economies moving into higher income...
World Bank Income Classifications Show Major Shift in Global Economic Landscape Since 1987
New Delhi, August 16, 2026: The global economic landscape has undergone a significant transformation over the past four decades, with...
World Bank Highlights Uneven Trucking Rules Across Africa and Their Impact on Trade
Washington, August 14, 2026: The movement of goods by road remains a crucial part of Africa's internal trade, but significant...
Emerging Economies Face a Growing Jobs Challenge as Working-Age Populations Expand
A major demographic shift is taking shape across emerging market and developing economies, and it could become one of the...
Landlocked Developing Countries Day: Why 32 Nations Without Coastlines Need Greater Global Support
Introduction Every year, the international community observes Landlocked Developing Countries (LLDCs) Day to raise awareness about the unique economic, social,...
Regional Development Gaps Across South and Southeast Asia Highlight Continuing Human Development Challenges
Economic growth has transformed much of South and Southeast Asia over the past several decades, improving living standards for millions...
South Australia Strengthens AUKUS Ties During High-Level Visit to Washington, D.C.
South Australia's engagement with the United States entered a new phase as state leaders began an official visit to Washington,...
China Reaffirms Moderately Loose Monetary Policy to Sustain Economic Growth in Second Half of 2026
China's central bank has announced that it will continue implementing a moderately loose monetary policy throughout the second half of...
Global Food Insecurity Could Worsen by 2030, New Projections Highlight Uneven Regional Impact
Global food security remains one of the defining challenges of this decade, with new projections suggesting that millions more people...
