Middle East and North Africa’s Commodity Importers Hit by Higher Prices
Higher commodity prices, propelled upwards by war in Ukraine, will have a significant economic impact on the region.
Africa Faces New Shock as War Raises Food and Fuel Costs
The effects of the war in Ukraine leave policymakers with little room to maneuver.
Chart of the WeekLatin America’s Inflation Challenge
Inflation has surged in the largest economies of Latin America, prompting large central banks in the region to raise interest rates before economic activity has fully recovered.
Cooperation Critical to Reducing Divergent Paths to Recovery in Middle East and Central Asia
By Jihad Azour
The road to recovery for the Middle East and Central Asia region will hinge on containment measures, access to and distribution of vaccines, the scope of policies to support growth, and measures to mitigate economic scarring from the pandemic. […]
Chart of the WeekWhen Inequality is High, Pandemics Can Fuel Social Unrest
By Tahsin Saadi Sedik and Rui Xu
In the months and years following previous pandemics, the countries most affected saw a rise in social unrest. […]
Building an Inclusive Recovery in the Middle East and Central Asia
By Jihad Azour and Joyce Wong
Countries in the Middle East and Central Asia face with COVID-19 a public health emergency unlike any seen in our lifetime, along with an unprecedented economic downturn. […]
Chart of the WeekTrade as a Tool for an Efficient Recovery
By Jesus Gonzalez-Garcia and Yuanchen Yang
As economies now look for paths to recovery from the COVID-19 crisis, new evidence reaffirms that policies for more open and trade-integrated economies could significantly benefit domestic competition and ultimately may help lower costs for consumers in emerging and developing economies. […]
Safeguarding Africa’s Food Security in the Age of COVID-19
By Pritha Mitra and Seung Mo Choi
Food security in sub-Saharan Africa is under threat. The ability of many Africans to access sufficient, safe and nutritious food to meet their dietary needs has been disrupted by successive natural disasters and epidemics. […]
Chart of the WeekEurope’s Wage-Price Puzzle
Does higher wage growth fuel inflation? In Europe, that has historically been the case. […]
Chart of the Week: Words Count for Central Bank Communications in Latin America
By Juan Yepez
October 15, 2018
Effective central bank communications are essential in guiding market expectations (photo: lionvision/iStock)
When it comes to central banks in Latin America, sometimes words can speak louder than actions. […]