The bank published a report in 1993 which helped disparage industrial policy. Governments were instead encouraged to let markets operate without direction or barriers.

WASHINGTON — The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning ...

Stronger health systems do more than save lives. They create jobs, boost economies, and open the door to new opportunities. Around the world, countries are setting ambitious goals to expand access to ...

Global Finance presents its 32nd annual list of the best banks worldwide. If one word described the global economy in 2024, it would be “resilient.” Growth was up slightly, with global GDP growth ...

Digital transformation is a powerful engine of economic growth, competitiveness, job creation, and inclusion. It is changing how people learn, work, and interact. Yet billions still lack basic ...

The World Bank predicts China's economy will grow by 4.8% this year. It had forecast 4% growth in April, when the U.S. briefly ramped up tariffs on Chinese imports to more than 100%. The bank projects ...

LONDON, Oct 7 (Reuters) - The World Bank lifted its 2025 growth projection for China to 4.8% and raised its forecast for much of the region, but warned of slowing momentum next year, citing low ...

LONDON, Dec 3 (Reuters) - The gap between developing nations' debt servicing costs and new financing hit a more than 50-year high of $741 billion between 2022 and 2024, the World Bank said on ...

Global Finance’s 2025 rankings expand from Global 50 to Global 100 Safest Banks. The global banking sector faces major challenges as economies worldwide navigate volatility driven by US tariff ...

Nigeria’s economic outlook for 2026 is something to cheer about if the projections by the World Bank and the Nigerian Economic Summit Group (NESG) are anything to go by. According to the 2026 ‘Global ...