![]() WASHINGTON, September 15, 2022-As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new study by the World Bank.Ĭentral banks around the world have been raising interest rates this year with a degree of synchronicity not seen over the past five decades-a trend that is likely to continue well into next year, according to the report. non-State actors (e.g.Study Highlights Need for Policies to Curb Inflation Without Exacerbating Recession Risk.migration governance (including cities) (65).migrant vulnerability (including deaths/missing) (75).labour mobility (including circular, seasonal) (140).Inter-State Consultation Mechanisms on Migration (ISCM) (220).integration (including pre-departure support) (245).immigration detention (and alternatives) (17).Ministries, local councils, courts, etc.) (346) drivers of migration (including urbanization) (76).data (including data collaboratives) (37).(-) entry and stay policies (including borders) (120). ![]()
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