The economic impact of violence on the global economy is quantifiable: in 2024, it accounted for $19.97 trillion in purchasing-power parity (PPP) terms, or 11.56% of total global GDP—that’s $2,446 ...

President Trump suggested that a new government could take over in Tehran, after his top aides said the U.S. did not desire all-out war. Iran vowed to defend itself after an attack that Pentagon ...

Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook. Growth is projected to pick up to 3.4 ...

Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies what developing economies can do to avoid the “middle-income trap.” ...

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