1. Understanding Poverty

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  • Commodity Price Cycles : Commonalities, Heterogeneities, and Drivers (Inglês)

    This paper studies commodity price cycles and their underlying drivers using a dynamic factor model. The study employs a sample of 39 monthly commodity prices over 1970:01 to 2019:12. The analysis identifies...

    Qualquer tipo de documento: Documento de trabalho sobre pesquisa de políticas No. do relatório: WPS10401 Data do documento: 11 de abril de 2023 Tipo de divulgação: Disclosed Autor: Kabundi,Alain Ntumba,Zahid,Hamza

  • Africa’s Pulse, No. 26, October 2022 : An Analysis of Issues Shaping Africa’s Economic Future (Inglês)

    Consistent with rising poverty rates, inequality within countries in the region has widened with rising fuel and food prices exacerbated by the war in Ukraine. The economic divide between the rich and...

    Qualquer tipo de documento: Publicação No. do relatório: 176598 Data do documento: 6 de outubro de 2022 Tipo de divulgação: Disclosed Autor: Dabalen,Andrew L.,Calderon,Cesar,Kabundi,Alain Ntumba,Kubota,Megumi,Korman,Vijdan,Goyal,Aparajita,Eliste,Paavo,Forget,Vanina Daphne

  • Drivers of Food Price Inflation in Turkey (Inglês)

    Food price inflation has increased persistently in recent years in Turkey with a widening divergence from international food price inflation. The study analyzes the main inefficiencies in the Turkish agricultural...

    Qualquer tipo de documento: Report No. do relatório: 171802 Data do documento: 24 de maio de 2022 Tipo de divulgação: Disclosed Autor: Schroeder,Kateryna Goychuk,Alver,Mustafa Ugur,Baffes,John,Kabundi,Alain Ntumba,Schmitt,Ulrich K. H. M.,Tuchschneider,David,Yasar,Pinar

  • Africa’s Pulse, No. 25, April 2022 : An Analysis of Issues Shaping Africa’s Economic Future (Inglês)

    The growth recovery of the global economy is losing steam as it faces a series of new, multiple, and covariate shocks. As economies started lifting coronavirus constraints, pent-up demand and constrained...

    Qualquer tipo de documento: Publicação No. do relatório: 171184 Data do documento: 31 de março de 2022 Tipo de divulgação: Disclosed Autor: Zeufack,Albert G.,Calderon,Cesar,Kabundi,Alain Ntumba,Kubota,Megumi,Korman,Vijdan

  • Africa’s Pulse, No. 24, October 2021 : An Analysis of Issues Shaping Africa’s Economic Future (Vol. 1 of 2) (Inglês)

    In 2021, Sub-Saharan Africa emerged from the recession, but its recovery is still timid and fragile. The region is projected to grow at a rate of 3.3 percent, a weaker pace of recovery than that of advanced...

    Qualquer tipo de documento: Publicação No. do relatório: 164870 Data do documento: 18 de outubro de 2021 Tipo de divulgação: Disclosed Autor: Ghanem,Hafez,Diagana,Ousmane,Zeufack,Albert G.,Calderon,Cesar,Kabundi,Alain Ntumba,Kubota,Megumi,Korman,Vijdan,Cantu Canales,Martha Catalina

  • Commodity Price Shocks : Order within Chaos ? (Inglês)

    The prices of 27 internationally traded commodities are decomposed into transitory and permanent shocks by applying an ideal band-pass filter to monthly data from 1970–2020. The two types of shocks contributed...

    Qualquer tipo de documento: Documento de trabalho sobre pesquisa de políticas No. do relatório: WPS9792 Data do documento: 4 de outubro de 2021 Tipo de divulgação: Disclosed Autor: Baffes,John,Kabundi,Alain Ntumba

  • Global Economic Prospects, June 2021 (Inglês)

    The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major...

    Qualquer tipo de documento: Publicação No. do relatório: 160157 Data do documento: 1 de junho de 2021 Tipo de divulgação: Disclosed Autor: Baffes,John,Guenette,Justin Damien,Ha,Jongrim,Inami,Osamu,Kabundi,Alain Ntumba,Kasyanenko,Sergiy,Kilic Celik,Sinem,Kindberg-Hanlon,Gene,Kirby,Patrick Alexander,Nagle,Peter Stephen Oliver,Okou,Cedric Iltis Finafa,Quaglietti,Lucia,Ruch,Franz Ulrich,Sugawara,Naotaka,Vashakmadze,Ekaterine T.,Vorisek,Dana Lauren,Wheeler,Collette Mari,Yamazaki,Takefumi

  • Global Economic Prospects, January 2021 (Inglês)

    Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged...

    Qualquer tipo de documento: Publicação No. do relatório: 155531 Data do documento: 1 de janeiro de 2021 Tipo de divulgação: Disclosed Autor: Baffes,John,Guenette,Justin Damien,Ha,Jongrim,Inami,Osamu,Kabundi,Alain Ntumba,Kasyanenko,Sergiy,Kilic Celik,Sinem,Kindberg-Hanlon,Gene,Kirby,Patrick Alexander,Matsuoka,Hideaki,Nagle,Peter Stephen Oliver,Okawa,Yohei,Okou,Cedric Iltis Finafa,Ruch,Franz Ulrich,Steinbach,Max Rudibert,Sugawara,Naotaka,Vashakmadze,Ekaterine T.,Vorisek,Dana Lauren,Wheeler,Collette Mari,Yamazaki,Takefumi,Ye,Lei Sandy

  • Implications of Cheap Oil for Emerging Markets (Inglês)

    The COVID-19-triggered collapse in oil prices in March and April 2020 was the seventh, and by far the most severe, in a series of such collapses since 1970. This paper, first, compares this most recent...

    Qualquer tipo de documento: Documento de trabalho sobre pesquisa de políticas No. do relatório: WPS9403 Data do documento: 21 de setembro de 2020 Tipo de divulgação: Disclosed Autor: Kabundi,Alain Ntumba,Ohnsorge,Franziska Lieselotte

  • Adding Fuel to the Fire : Cheap Oil during the COVID-19 Pandemic (Inglês)

    The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices...

    Qualquer tipo de documento: Documento de trabalho sobre pesquisa de políticas No. do relatório: WPS9320 Data do documento: 13 de julho de 2020 Tipo de divulgação: Disclosed Autor: Wheeler,Collette Mari,Baffes,John,Kabundi,Alain Ntumba,Kindberg-Hanlon,Gene,Nagle,Peter Stephen Oliver,Ohnsorge,Franziska Lieselotte

  • Global Economic Prospects : June 2020 (Inglês)

    The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented...

    Qualquer tipo de documento: Publicação No. do relatório: 149319 Data do documento: 8 de junho de 2020 Tipo de divulgação: Disclosed Autor: Baffes,John,Dieppe,Alistair Matthew,Guenette,Justin Damien,Kabundi,Alain Ntumba,Kasyanenko,Sergiy,Kilic Celik,Sinem,Kindberg-Hanlon,Gene,Kirby,Patrick Alexander,Maliszewska,Maryla,Matsuoka,Hideaki,Nagle,Peter Stephen Oliver,Okawa, Yoki,Okou,Cedric Iltis Finafa,Ruch,Franz Ulrich,Steinbach,Max Rudibert,Sugawara,Naotaka,Vashakmadze,Ekaterine T.,Vorisek,Dana Lauren,Wheeler,Collette Mari,Ye,Lei Sandy,Yu, Shu

  • The Role of Income and Substitution in Commodity Demand (Inglês)

    This paper presents estimates of time-varying income elasticities of demand for energy and metal commodities. The analysis finds that the elasticities are close to unity, evaluated at world median per...

    Qualquer tipo de documento: Documento de trabalho sobre pesquisa de políticas No. do relatório: WPS9122 Data do documento: 23 de janeiro de 2020 Tipo de divulgação: Disclosed Autor: Baffes,John,Kabundi,Alain Ntumba,Nagle,Peter Stephen Oliver

  • The role of major emerging markets in global commodity demand (Inglês)

    Rapid growth among the major emerging markets over the past 20 years has boosted global demand for commodities. The seven largest emerging markets accounted for almost all the increase in global consumption...

    Qualquer tipo de documento: Documento de trabalho sobre pesquisa de políticas No. do relatório: WPS8495 Data do documento: 26 de junho de 2018 Tipo de divulgação: Disclosed Autor: Baffes,John,Kabundi,Alain Ntumba,Nagle,Peter Stephen Oliver,Ohnsorge,Franziska Lieselotte

  • Global Economic Prospects, June 2018 : The Turning of the Tide? (Vol. 2) : Overview (Inglês)

    Published semiannually, Global Economic Prospects includes analysis of topical policy challenges faced by developing countries. Global activity is firming broadly as expected. Manufacturing and trade are...

    Qualquer tipo de documento: Publicação No. do relatório: 158313 Data do documento: 1 de junho de 2018 Tipo de divulgação: Disclosed Autor: Arteta,Carlos,Stocker,Marc,Kirby,Patrick Alexander,Vashakmadze,Ekaterine T.,Wheeler,Collette Mari,Baffes,John,Kabundi,Alain Ntumba,Kambou,Gerard,Kim,Eung Ju,Lakatos,Csilla,Nagle,Peter Stephen Oliver,Vorisek,Dana Lauren