World Development Report 2022: Finance for an Equitable Recovery

The World Development Report 2022 provides a guide for low- and middle-income countries to strengthen financial markets for a more equitable recovery from the COVID-19 economic crisis. It advocates for policies and measures to mitigate economic risks as stimulus measures are withdrawn.

Format: Hardback
Length: 180 pages
Publication date: 05 December 2022
Publisher: World Bank Publications

The World Development Report 2022 serves as a valuable resource for low- and middle-income countries seeking to bolster their financial markets in order to achieve a more equitable and sustainable recovery from the profound economic challenges posed by the COVID-19 pandemic. In this comprehensive examination, the report delves into the critical role of finance in driving economic recovery efforts, particularly in the context of low- and middle-income economies. By conducting an in-depth analysis of the most likely consequences of the crisis, the report advocates a comprehensive set of policies and measures aimed at mitigating the interconnected economic risks stemming from the pandemic. These risks, which are likely to intensify as stimulus measures are withdrawn at both the domestic and global levels, pose significant threats to the stability and growth of these economies.

Recognizing the urgency of the situation, the World Development Report 2022 offers a roadmap for policymakers and stakeholders to navigate the complex terrain of the economic recovery. It emphasizes the importance of promoting financial inclusion, strengthening financial institutions, and implementing sound macroeconomic policies to support sustainable growth. The report also highlights the need for international cooperation and collaboration to address the global dimension of the crisis, as well as the importance of investing in healthcare, education, and social protection to build resilience and promote social mobility.

In conclusion, the World Development Report 2022 is a timely and essential contribution to the global effort to rebuild and recover from the COVID-19 pandemic. By providing a comprehensive analysis of the economic challenges faced by low- and middle-income countries and advocating for targeted policies and measures, the report aims to foster a more equitable and sustainable recovery for all. As we move forward, it is crucial that policymakers and stakeholders take heed of the recommendations outlined in this report and work together to build a stronger and more resilient global economy.

Weight: 817g
Dimension: 203 x 267 (mm)
ISBN-13: 9781464817595