A woman watches as Yaas approaches Bangladesh in May 2021. — The New Humanitarian
THE world may be edging towards a global recession in 2023 and a string of financial crises in emerging markets and developing economies that would do them lasting harm, according to a comprehensive new study by the World Bank. In the coming decades, the world faces mega-threats that would imperil not just our global economy and financial assets but also put peace and prosperity at risk. In our partisan political world, where we kick the can down the road and are biased towards short-term planning and leave thinking about the future to others, these threats are something different. If they…
