Financial and Monetary Systems

How can developing economies recover from the pandemic?

developing: A plant growing in a vase of coins to symbolize economic growth.

Many developing economies are in signifcant debt due to COVID-19. Image: UNSPLASH/Visual Stories || Micheile

M. Ayhan Kose
Director, World Bank Development Prospects Group
Franziska Ohnsorge
Lead Economist, World Bank Development Prospects Group
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Financial and Monetary Systems

A chart showing how global inflation has rebounded fast and early
Global inflation has rebounded fast and early, which could help developing economies. Image: Haver Analytics, World Bank.

developing A chart showing the average total external debt service
Emerging and developing economies: Average total external debt service. Image: International Debt Statistics and Farah et al. (2021).
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developing a chart showing the interest rates and payments in EMDEs
Interest rates and payments in emerging and developing economies. Image: IMF; Kose et al. (2017); World Bank.

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Financial and Monetary SystemsSocial ProtectionCOVID-19Economic Progress
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