Chris Bennett

Our July WEO update shows global growth at 3.0% in 2025 & 3.1% in 2026, amid elevated risks. Policies must focus on resolving trade tensions, restoring fiscal space and advancing growth-friendly reforms. https://lnkd.in/eC_NhHVc

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Development finance often faces a challenge: infrastructure needs that span multiple jurisdictions but require coordinated fiscal strategies. The World Bank Treasury (IBRD • IDA) has published a new case study on our first consortium loan of $90 million to eleven municipalities in Brazil's Foz do Rio Itajaí region. This case study details how we aligned different municipal debt strategies and built legislative capacity for the subnational entities to jointly access World Bank lending across jurisdictional boundaries. Read the case study> https://lnkd.in/eFqtUsHi

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Women are significantly underrepresented in the global transport sector workforce – comprising just 5% of workers in land transport, 10% in water transport, 21% in warehousing and transportation support activities, and 38% in aviation. Barriers to women’s participation in the transport sector are present within each stage of the employment life cycle, limiting employment opportunities and reinforcing outdated stereotypes about the suitability of transport roles for women. A new toolkit - She Drives Change: A Toolkit on Redefining Opportunities for Women in Transport - represents a vital resource for transport professionals and policymakers dedicated to bridging these disparities by taking a structured approach to identifying and addressing the unique challenges women face across various transport subsectors, including urban transport, rural and peri-urban roads, rail, aviation, maritime transport, and economic corridors. Explore this new resource: https://lnkd.in/gw5THHXW

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Ministers of finance are discussing the digital euro, today. Europe has vulnerable payment systems in that it relies on non EU-providers. While this was never an issue in the context of open markets, it has very quickly become a real risk. Policy makers need to worry about this, and that is what the European Central Bank does. What we need, ideally, is to have one common(across the whole of the EU) technologically advanced structure on which private players (EU!) will provide payment solutions. The private sector has not done that yet, and the digital euro is a way of nudging by solving the coordination problem. Next to that, we need to think of the international role of the euro as a way for the EU to have greater independence (from the dollar) in trade and financial flows. Digital infrastructure that follows the latest technology will facilitate that. The time is now. #digitaleuro #economicsecurity #geoeconomics #centralbank #informalecofin Alejandro Fiorito Nicola Bilotta Alessandro Giovannini Prof. Brunello Rosa @Danish Presidency of the Council of the EU 2025

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