Three trends that could unlock a golden decade for developing economies Indermit Gill June 11, 2026 This page in: English Français Español 中文

https://blogs.worldbank.org/en/voices/three-trends-that-could-unlock-a-golden-decade-for-developing-economies Barring a miracle, the 2020s will prove to be what their ominous opening foreshadowed: a lost decade—not just for a couple of outliers, but for dozens of developing economies. Amid one of the densest clusters of global shocks since the 1970s, nearly one out of every two developing economies has failed since 2019 to advance on the most rudimentary promise of development: narrowing the income gap with the world’s most prosperous economies. For light at the end of the tunnel, you’d have to look to the 2030s.