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ECB's Panetta Warns Wars Threaten Progress in Developing Countries ...
Ongoing conflicts and global geopolitical tensions are threatening the future of the world's developing countries, according to European Central Bank Governing Council member Fabio Panetta.
Military Escalation in the Middle East: Reversals in Global Development ...
Military Escalation in the Middle East: Reversals in Global Development, Policy Response Options April 13, 2026 This policy brief assesses the global development impact of the military escalation in the Middle East. Modeling the global economic and inflationary impacts of three conflict-intensity scenarios, the brief estimates the number of people pushed into poverty and the fiscal cost of mitigating the impact. Even marginal increases in conflict intensity produce large additional poverty impacts and fiscal mitigation costs. Furthermore, the brief considers how countries can best design their policy response under varying degrees of vulnerability to the shock. While advanced economies have more policy space to mitigate the socio-economic impacts of the global energy supply shock, many developing countries are highly restricted in their ability to respond with potentially severe consequences for both immediate and longer-term development objectives. Document Type Sustainable Development Goals Topics
Statement by Fabio Panetta Governor of Banca d'Italia (testo in inglese)
We look forward to the refreshed Fragility, Conflict and Violence (FCV) Strategy. As a cornerstone of the international financial system and a leading development financier, the WBG must once again respond to these challenges by delivering practical, high-impact solutions where needs are greatest.
Middle East War Economic Impact to Dominate IMF, World Bank
Middle East War's Economic Shock Looms Over IMF and World Bank Meetings Global Finance Leaders Confront New Economic Challenges Amid Middle East Conflict By Andrea Shalal WASHINGTON, April 12 (Reuters) - Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy ...
