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After a sharp fall in 2017, economic growth in MENA is projected to rebound to 3.1 percent in 2018, thanksto the positive global outlook, oil prices stabilizing at relatively higher levels, stabilization policies andreforms, and recovery and reconstruction as conflicts recede. The outlook for...
Persistent link: https://www.econbiz.de/10012644102
President of the World Bank, Jim Yong Kim, discusses Russia's economy and it's global role. The collaboration between Russian experts and international partners brought the tuberculosis epidemic in Tomsk under control. Local successes like in Tomsk can be scaled up to become part of a global...
Persistent link: https://www.econbiz.de/10012644639
A recovery in the oil sector boosted recent economic performance. While the recovery in global oil prices would have a welcoming effect for Kazakhstan in terms of enhancing the economy's buffers and supporting growth, it may also reduce the perceived urgency for transitioning to the new growth...
Persistent link: https://www.econbiz.de/10012645341
The COVID-19 (coronavirus) pandemic is causing the most severe global health and economic crisis in at least seven decades. In Egypt, the disruptions caused by the pandemic started in March 2020, and has since interrupted a period of macroeconomic stability, characterized by relatively high...
Persistent link: https://www.econbiz.de/10012647637
In 1995, Moldova introduced free economic zone (FEZ) legislation with the aim of accelerating socioeconomic development by attracting domestic and foreign investment, promoting exports, and creating employment. Since then, seven free economic zones offering tax and customs benefits have been...
Persistent link: https://www.econbiz.de/10012644577
Policy-makers across developing economies are implementing different forms of special economic zones (SEZs): programs intended to catalyze economic growth. The SEZ program is aimed at attracting foreign direct investment (FDI) to increase firm-level investment and improve firm-level productivity...
Persistent link: https://www.econbiz.de/10012644944
The government recognizes that inadequate basic infrastructure and a severe shortage of accessible land discourages greenfield investments and industrial development.Bangladesh has one of the world's most cost competitive, sizeable supply of labor, ideal for labor-intensive production in sectors...
Persistent link: https://www.econbiz.de/10012645623
Place-based policies target specific geographic areas for special treatment. They attempt to stimulate growth and development in lagging regions by (1) attracting firms, (2) attracting workers and human capital, and (3) improving local public goods. This report conducts a critical review of...
Persistent link: https://www.econbiz.de/10012646705
The Government of Mauritius is implementing the Mauritius Africa Strategy, which is focused on positioning Mauritius as a bridge for investment and trade in order to open new markets in Sub-Saharan Africa (SSA). A cornerstone of this strategy is sharing the successful experience of Mauritius in...
Persistent link: https://www.econbiz.de/10012647241
Special economic zones, one of the most important instruments of industrial policy in developing countries, often feature export share requirements. That is, firms located in these zones are obliged to export more than a certain stated share of their output to enjoy the wide array of incentives...
Persistent link: https://www.econbiz.de/10012245558