by Luis Alberto Moreno,Henry M. Paulson, Jr. WASHINGTON, DC – While lockdowns have slowed the spread of the coronavirus in many countries, their economic impact has been devastating. At the same time, with fewer commuters, factories at a standstill, and…
Tag: economies
Nature losses threaten emerging economies
Jan 24 2020 (IPS) – More than half of worldwide GDP is moderately or highly dependent on nature, putting biodiversity loss among the top five risks to the global economy, according to a report presented at the World Economic Forum…
ADB trims growth forecasts as Asia’s biggest economies slow
Manila, Philippines (12 December 2019) — The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down…
Developing technologies for zero-carbon economies
By Nils Røkke Trontheim, Norway, Jun 11 (IPS) – Never before has half a degree (0.5C) meant so much for humanity. We are behaving as if we have time to deal with climate change. We don’t. The main problem is…