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Systemic Fragility in the Global Economy
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Just as contemporary economics failed to predict the 2008-09 crash, and over-estimated the subsequent brief recovery that followed, economists today are again f
Global Economic Prospects, June 2021
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The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The glo
The Intellectual Origins of the Global Financial Crisis
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By reaching beyond "how" the crisis happened to "why" the crisis happened, the authors provide fresh thinking about how to respond
Global Economic Prospects
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Global Economic Prospects is a World Bank Group Flagship Report. Published semiannually, the report includes analysis of topical policy challenges faced by deve
Global Waves of Debt
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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many