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China's economic performance hs been remarkable since the the reform process began 15 years ago. Notwithstanding the achievements that have been made, a number of serious problems remain. This papers discusses the current reform program and the effors being made to overcome the structural...
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Following a deep recession in 2020 and further contraction in 2021Q1, the euro area economy recovered rapidly in the …
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The pandemic interrupted a prolonged growth spell that made the Dominican Republic one of the most dynamic economies in the region amid strong growth, macroeconomic stability and improved social outcomes. This built resilience to the shock-including by maintaining access to markets-and allowed a...
Persistent link: https://www.econbiz.de/10012604347
The Icelandic economy has been severely affected by the pandemic. Sharp tourism contraction and containment measures … challenging outlook with possibly deep medium-term scarring. Fiscal policy should continue to support the economy for now. Policy … stabilizers. Additional stimulus is planned in 2021 to address still large slack in the economy, mitigate scarring, and provide …
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The euro area has experienced an unprecedented economic downturn and exceptional financial market turmoil in the past few years. Policymakers have faced the twin challenges of addressing cyclical economic weakness--not unlike other industrial countries following the global economic crisis--and...
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The macroeconomic effects of scaling up aid -- Managing the real exchange rate -- Using monetary policy for sterilization and inflation management -- Mobilizing adequate domestic revenues -- Projecting the impact of increased aid on economic growth -- Meeting other fiscal challenges --...
Persistent link: https://www.econbiz.de/10003390116