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This diagnostic has been conducted with the sole purpose of serving the ongoing development of social protection policy in the country. It is the Bank's hope that the report will be useful for social protection policy development as intended. The Bank has not agreed with the government to invest...
Persistent link: https://www.econbiz.de/10012700693
Somalia has a triple challenge of low levels of labor force participation, low productivity, and high levels of poverty. Economic growth in Somalia has been low, subject to shocks; and thus, insufficient for job creation. Shocks to the economy have contributed to forced displacement, a dominance...
Persistent link: https://www.econbiz.de/10012603559
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt...
Persistent link: https://www.econbiz.de/10012603594
A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country...
Persistent link: https://www.econbiz.de/10013209113
The devastating impact of the Covid-19 pandemic on the Cambodian economy-where the growth slowdown was among the most pronounced in the East Asia and Pacific (EAP) region-lies in the country's growth generating process. Recent growth has been remarkable, but insufficiently diversified in...
Persistent link: https://www.econbiz.de/10013181629
The 2015 Systematic Country Diagnostic (SCD) emphasized the need to shift from a public sector-driven to a private sector-driven, export-oriented, and job-creating economic growth model. This SCD Update revisits the constraints and priority interventions identified in the 2015 SCD and posits...
Persistent link: https://www.econbiz.de/10013181675
Guinea is a country with a rich historical legacy, abundant natural resources, a privileged geographical location - and a rapidly growing population. A successful political transition and the emergence of a vibrant civil society have helped to ensure ethnic peace and the absence of civil wars in...
Persistent link: https://www.econbiz.de/10012645143
Persistent link: https://www.econbiz.de/10012645320
The latest economic brief highlights that Zambia's rising macroeconomic imbalances, high debt and associated costs of debt service are crowding out private sector growth. The economy is expected to expand by 3.3 percent in 2018 in 2018 compared to 3.4 percent in 2017. Agricultures offers Zambia...
Persistent link: https://www.econbiz.de/10012645577
Macroeconomic management in Chad, Mali and Niger needs to account for a number of specific parameters. Very rapid population growth exerts immense pressure on the demand for education and health services. Economic activity and prices are strongly influenced by climatic variations, and exports...
Persistent link: https://www.econbiz.de/10012645727