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This 2018 Article IV Consultation highlights that Norway is in the midst of a healthy recovery from the oil downturn …
Persistent link: https://www.econbiz.de/10011919872
Norway's key challenge is to get the right balance of support for recovery and adjustment until the crisis is firmly in …
Persistent link: https://www.econbiz.de/10012604045
The pandemic dealt a severe blow to the Italian people and their economy. GDP fell by nearly 9 percent in 2020, with much larger drops for contact-intensive services. Public and corporate debt increased strongly and preexisting vulnerabilities have likely worsened. The government is prioritizing...
Persistent link: https://www.econbiz.de/10012604038
This 2017 Article IV Consultation highlights that the economic growth in the United Kingdom has moderated since the beginning of 2017, reflecting weakening domestic demand. The sharp depreciation of sterling following the referendum has raised consumer price inflation, squeezing household real...
Persistent link: https://www.econbiz.de/10011806423
The United Kingdom is set to exit the European Union in March 2019. It is now in the process of negotiating its withdrawal from the EU. Once an agreement is reached, there will be an implementation period through the end of 2020. Complex issues still remain to be resolved, including the future...
Persistent link: https://www.econbiz.de/10011940221
The UK entered 2020 negotiating a new economic relationship with the EU and facing other challenges, including meeting climate targets, dealing with an aging population, and reinvigorating tepid productivity growth. Growth and investment had been weak since the 2016 referendum, and the current...
Persistent link: https://www.econbiz.de/10012390961
The Canadian economy was operating at close to capacity and had strong policy buffers when the COVID-19 pandemic hit. Economic and social restrictions put in place in March 2020 helped to mitigate the first wave of the virus, but they came at a significant cost. There was an unprecedented...
Persistent link: https://www.econbiz.de/10012516502
The UK's rapid vaccination campaign enabled it to start to reopen the economy in the Spring of 2021. With highly accommodative policies, the recovery has been faster than expected. However, capacity constraints and rising price pressures have emerged while new Covid-19 variants have raised new...
Persistent link: https://www.econbiz.de/10013168904
The Germany economy has performed very well in recent years, supported by prudent economic management and past … already accumulated sizable buffers through savings, Germany should now prioritize domestic investment in physical and human … investment and reduce Germany's large current account surplus …
Persistent link: https://www.econbiz.de/10011915890
Denmark entered the pandemic on a strong economic footing and utilized its large policy space built over time to successfully address the crisis and lay the ground for a strong recovery. The outlook is for a rebound in activity, but uncertainty remains elevated with risks tilted to the downside....
Persistent link: https://www.econbiz.de/10012604059