Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been expected at the start of the year, according to the World Bank’s latest Global Economic Prospects report. In this episode of Expert Answers, we’ll unpack two special chapters of the report outlining trends that are making development more challenging. The first, dwindling flows of foreign direct investment. The second, the worsening plight of fragile and conflict-affected situations. Ayhan Kose, the World Bank Group’s Deputy Chief Economist and Director of the Prospects Group, joins Expert Answers to discuss the context of these challenges and paths forward. Learn more: http://wrld.bg/UjAc50WhE1Y #economicoutlook #economicgrowth 00:00 Welcome 00:37 Foreign direct investment 02:38 Policy recommendations for developing countries 04:25 Fragile and conflict-affected situations 07:02 Hope on the horizon 09:13 Closure Watch more #WorldBankExpertAnswers episodes! https://www.youtube.com/playlist?list... ABOUT THE WORLD BANK 🌐 The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. http://www.worldbank.org
The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions. http://ida.worldbank.org