Relatively simple AI tools can help developing economies boost economic growth, but they risk becoming dependent on the U.S. or China if not careful, the World Bank said.

The global economy handled the Strait of Hormuz energy shock "better than we feared", helped by strong AI investment, ...

We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...

State intervention has made a comeback. States have, in one way or another, always intervened in markets to develop specific industries and push innovation. But there has been a renaissance since the ...

Washington, Aug 4 (PTI) The World Bank on Tuesday urged developing countries to embrace artificial intelligence and adapt small, low-cost AI tools to local conditions to bring better medical care, ...

Discover how corruption undermines emerging economies by creating inefficiencies, obstructing development, and lowering ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...

The circular economy offers a fresh approach to how we produce and consume, focusing on reducing, reusing, recycling and recovering. It moves us away from the traditional "make, use, discard" model, ...

The findings suggest that AI's biggest opportunity for poorer economies lies in augmenting workers rather than replacing them. Artificial intelligence offers developing economies an opportunity to ...

The circular economy offers a fresh approach to how we produce and consume, focusing on reducing, reusing, recycling and recovering. It moves us away from the traditional “make, use, discard” model, ...