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The global crisis is now in the rear view mirror and world growth is being restored. In sharp contrast with past episodes of global turmoil, this time the recovery is led by the periphery, specifically by the larger and more dynamic emerging markets (Brazil, China, India, South Korea, Malaysia,...
Persistent link: https://www.econbiz.de/10012247251
Lao PDR economic growth continues to be strong in 2010, against the backdrop of a fragile global recovery yet dynamic regional demand. Growth is projected at 8.5 percent in 2010, from 7.5 percent in 2009. The resources sector is projected to contribute about 4 percentage points of economic...
Persistent link: https://www.econbiz.de/10012247382
The main report is organized into three parts: part one provides the overall context by describing the level and evolution of poverty and inequality in the Philippines and by analyzing the factors that could be weakening the link between economic growth and poverty reduction. It also provides a...
Persistent link: https://www.econbiz.de/10012247567
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Tajikistan has successfully emerged from the global economic crisis. Economic activity was strong, driven by growth in industrial production and services. Inward remittances remain a key factor in stimulating domestic consumption. Although inflation returned to single digits, it continues to be...
Persistent link: https://www.econbiz.de/10012248063
Tajikistan is one of the world's most remittance-dependent economies, receiving net remittance inflows equivalent to approximately 40 percent of Gross Domestic Product (GDP). Falling remittance inflows was one of the main transmission channels through which the 2008-09 global economic crisis...
Persistent link: https://www.econbiz.de/10012248064
This note assesses recent macroeconomic developments in Belarus and presents a medium-term economic outlook for 2013-2016 in three scenarios. These scenarios are sensitive to underlying assumptions and are provided to illustrate the main macroeconomic policy choices, available to Belarus. The...
Persistent link: https://www.econbiz.de/10012248394
This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While patterns of structural transformation across China's provinces are broadly in line with international experience, one important difference is in labor productivity differentials...
Persistent link: https://www.econbiz.de/10010790282
Persistent link: https://www.econbiz.de/10012644080
Amidst a turbulent regional political and security environment, Jordan wrestles with sluggish growth and high unemployment. A number of risks materialized in 2015, particularly related to security spillovers and their negative impact on tourism, construction, investment and exports. As such, the...
Persistent link: https://www.econbiz.de/10012644516