Finance & economics | Stretched thin

The World Bank is struggling to serve all 78 poor countries

Bangladesh and Niger are very different places

People are moving with donkeys on a busy street as daily life continues in Niamey, Niger.
This is not BangladeshPhotograph: Getty Images

Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no access to electricity and GDP per person is just $620. By contrast, the average Bangladeshi is four times richer, and just one in 18 is among the world’s poorest. The country’s policymakers do not have to worry about simply providing power. They want to attract foreign capital to build renewable energy, so as to reduce reliance on coal.

This article appeared in the Finance & economics section of the print edition under the headline “Stretched thin”

From the December 14th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

Discover more

Jerome Powell.

The Federal Reserve takes on Trump—and stubborn inflation

Time for Jerome Powell to enter the octagon

A curtain resembling the Chinese flag reveals a graph with a large question mark, symbolizing obscured data

What a censored speech says about China’s economy

If growth is on target, why is inflation so low?


Illustration of a bank building with a bitcoin sign at the top.

Bitcoin is up by 138% this year. It is a nonsense-free rally

The link between digital assets and mainstream finance is strengthening


Which economy did best in 2024?

We rank countries on five measures

Are adults forgetting how to read?

A survey by the OECD suggests so

How much oil can Trump pump?

The president-elect wants to be the ultimate energy baron