The Great Reversal: Prospects, Risks, and Policies in International Development Association Countries

The 75 economies eligible for low-interest loans and grants from the World Bank’s International Development Association (IDA) had made notable progress against some important development objectives over the first two decades of this century. Despite this, on the eve of the COVID-19 pandemic, significant development gaps persisted, income convergence with advanced economies was slowing, and some vulnerabilities were rising. https://www.worldbank.org/en/research/publication/prospects-risks-and-policies-in-IDA-countries