Responding to the Global Shock from the War in the Middle East
Overview & Synopsis
Since the outbreak of the war on February 28, 2026, ship transits through the Strait of Hormuz have fallen by roughly 95 percent. The consequences are global: historic highs in energy prices, cascading cost increases in fertilizers, aluminum, and petrochemicals, and disruption of production and trade. For the World Bank Group’s client countries, this shock risks undoing years of hard-won development progress. World Bank Group research points to three policy imperatives: (1) Safeguard jobs and incomes today; (2) Prevent serious food shortages tomorrow; and (3) Protect the vulnerable from immediate suffering and longer-term loss of human capital.
Indexed from repository: World Bank Documents & Reports
(
documents.worldbank.org)
Keyboard Shortcuts:
← / → for pages • + / - for zoom • 0 to fit width
Powered by Mozilla PDF.js v3.11
Document Information
| Document Title | Responding to the Global Shock from the War in the Middle East |
|---|---|
| Author / Organization | Artuc, Erhan, Do, Quy-Toan, Galasso, Emanuela, Ghose, Devaki, Lakner, Christoph, Mattoo, Aaditya, Rijkers, Bob, Rozo, Sandra, Tortarolo, Dario, Yonzan, Nishant |
| Subject & Discipline | Brief |
| Categories | Economics & Development |
| Publication Year | 2026 |
| License / Rights | Creative Commons Attribution 4.0 (CC BY 4.0) |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
World Bank Documents & Reports
(documents.worldbank.org)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-75314 |
| Original Source Link | Visit Source Page on documents.worldbank.org » |