https://www.scmp.com/rss/505112/feed David Malpass is president of the World Bank Group en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com More than two years after Covid-19 caused the deepest global recession since World War II, the world economy is again in danger. This time, it faces high inflation and slow growth simultaneously. Even if a global recession is averted, the pain of stagflation could persist for several years with potentially destabilising consequences for low- and middle-income economies. The World Bank’s latest forecast reflects a sizeable downgrade – global economic growth is expected to slow to 2.9 per cent... https://www.scmp.com/comment/opinion/article/3180832/five-steps-global-policymakers-can-take-provide-supply-solutions?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3180832/five-steps-global-policymakers-can-take-provide-supply-solutions?utm_source=rss_feed Wed, 08 Jun 2022 17:00:10 +0000 The Covid-19 pandemic will not truly end until everyone has access to vaccines, including people in the poorest countries. Worldwide vaccination offers the best hope for stopping the spread of infections, saving lives and protecting livelihoods. People cannot reach their potential until they can again study, work, travel and socialise in the confident knowledge that they are safe from Covid-19. Distributing vaccines more widely is thus an urgent necessity. The pandemic has worsened inequality by... https://www.scmp.com/comment/opinion/article/3134169/vaccinating-world-against-coronavirus-requires-helping-most?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3134169/vaccinating-world-against-coronavirus-requires-helping-most?utm_source=rss_feed Thu, 20 May 2021 17:30:14 +0000 Girls are attending school in greater numbers than ever before, and women are increasingly entering the labour force and leading businesses. Although we should celebrate this progress, much work remains to be done for a girl born today to have the same opportunities as a boy.  Research from the World Bank and others shows that unleashing the economic power of women can contribute to global growth. Moreover, it is the right thing to do. Fortunately, more countries recognise that economies can... https://www.scmp.com/comment/opinion/article/3064786/international-womens-day-approaches-lets-remember-gender-equality?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3064786/international-womens-day-approaches-lets-remember-gender-equality?utm_source=rss_feed Wed, 04 Mar 2020 17:00:15 +0000