Reports In News

Reports Description
Global Economic Prospects Report By World Bank
The report emphasizes boosting public investments in Emerging Markets and Developing Economies (EMDEs) to achieve development goals. Increasing public investment by 1% of GDP can spur GDP growth by over 1.5% and private investment by 2.2%. However, it may crowd out private investment in limited fiscal space scenarios.
Recommendations include expanding fiscal space, improving efficiency, and enhancing global support for structural reforms.
About World Bank (est 1944; HQ: Washington DC):

 

It is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects

 
Global Gender Gap Report 2024 By the World Economic Forum (WEF)
India ranks 129th in the report. Produced annually since 2006, the index tracks progress toward closing these gaps over time.

 

Parameters: It tracks gender disparities across four key parameters: (1) Economic participation and opportunity, (2) educational attainment, (3) Health and survival, and (4) Political empowerment. Countries are ranked on a scale from 0 to 1, with 1 representing complete gender equality and 0 indicating complete inequality.

 

India’s gender gap closure rate in 2024 stands at 64.1%, with a two-place decline in the global ranking to 129th. Among South Asian economies, it ranks third lowest. Economic parity indicates that women earn Rs 39.8 for every Rs 100 earned by men.

 

Global level: As of 2024, the global gender gap is 68.5%, with full parity projected to take 134 years. While no country has achieved full parity, 97% of indexed economies have closed over 60% of their gap. Europe dominates the top 10 gender-equal nations, led by Iceland. Sudan ranks last.
Global Gender Gap Report 2024
Global Gender Gap Report 2024