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Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing …
Persistent link: https://www.econbiz.de/10012604417
Georgia has emerged from its second lockdown that was imposed in November 2020 following a sharp increase in COVID-19 cases. Vaccinations commenced in March 2021 and the country is now entering a critical stage in overcoming the pandemic. The lockdowns drove a contraction of around 6.2 percent...
Persistent link: https://www.econbiz.de/10012517676
The WAEMU has, so far, demonstrated strong resilience to the Covid crisis. The economic rebound that started in the second half of 2020 firmed up in 2021, while fiscal and monetary policies remained supportive. External reserves have risen to comfortable levels and the financial system appears...
Persistent link: https://www.econbiz.de/10013168854
continued above-target inflation readings, the BoE made a first move to raise the policy rate in December. Macroprudential …
Persistent link: https://www.econbiz.de/10013168904
The Spanish economy is recovering from the deep recession caused by the COVID pandemic and employment is already above its pre-pandemic level. A highly successful vaccination campaign helped limit the impact of the recent wave of infections on hospitalizations and economic activity. Output is...
Persistent link: https://www.econbiz.de/10013168996
Policies since 2018 have stabilized the economy in a very difficult environment. Yet many challenges remain for sustainable development, especially high debt and oil dependency. The authorities remain committed to continued reforms
Persistent link: https://www.econbiz.de/10013169199
The new administration's policies have put the U.S. economy on a strong footing. An effective vaccine rollout has put the number of new COVID-19 cases on a firmly downward path. At the same time, unprecedented fiscal support is quickly restoring the economy back to full employment and generating...
Persistent link: https://www.econbiz.de/10012604300
The economic and social impact of the COVID-19 pandemic over the past year has been well-managed by the authorities. Timely and prudent fiscal and monetary easing shielded the economy from the full brunt of the crisis, while alleviating the health and social impact of the shock. Sound economic...
Persistent link: https://www.econbiz.de/10012604307
After a number of critical setbacks and delays in the 16 months since program approval, the authorities have taken important corrective actions to address shocks to program objectives. Early tension around the authorities' commitment to uphold the independence of the National Bank of Ukraine...
Persistent link: https://www.econbiz.de/10012697030
Singapore's economy is on a strong cyclical upswing. Economic growth has recovered to a three-year high, led by … supported by domestic demand. Inflation is subdued but expected to rise modestly. The current account surplus, as a share of GDP … medium term, the structural transformation aimed to prepare Singapore for challenges from technological changes globally and …
Persistent link: https://www.econbiz.de/10011919819