In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the...

This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world...

The German economy expanded vigorously in 2011; GDP increased by 3%. During the year, production reached its pre-crisis level. The outlook for 2012, however, is not favourable. Although the German economy will not slide into recession - unlike many other euro-area countries - declining demand within...

Die deutsche Wirtschaft ist im Jahr 2011 weiter kräftig gewachsen; das Bruttoinlandsprodukt (BIP) stieg um 3 %. Im Jahresverlauf wurde das Vorkrisenniveau überschritten. Die Aussichten für das Jahr 2012 sind nicht besonders günstig. Zwar dürfte es in Deutschland - im Unterschied zu mehreren...

Iraq is facing daunting challenges of Islamic State of Iraq and Syria (ISIS) insurgency, political upheaval, and profound economic and humanitarian crises. Compounding the ISIS-related crisis, the sharp decline in global oil prices has resulted in significant decline in oil export revenues....

The Lebanon Economic Monitor provides an update on key economic developments and policies over the past six months. It also presents findings from recent World Bank work on Lebanon. It places them in a longer-term and global context and assesses the implications of these developments and other...

Following the collapse of the Soviet Union, Moldova faced the deepest and most prolonged recession among transition countries, and the resulting increase in poverty has made it the poorest country in Europe today. The main objective of this report is to update and assess poverty in Moldova in...

Developing East Asia is battling the forces of global recession. The impact of the crisis in the advanced countries was transmitted to the economies of the region with unusual speed. In the region, the initial global financial turbulence was marked by sudden reversals of capital flows in the...

After the double-dip recession, as a group the six South East European countries (SEE6)- Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro, and Serbia-are now making a fragile recovery. Last year the recession in the Eurozone had adverse impact on external demand and Foreign...