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The global COVID-19 (Coronavirus) pandemic imposed both a supply and a demand shock on Nepal's economy, which adversely … affected growth. The global crisis induced by the pandemic initially impacted Nepal through the tourism sector, with arrivals … to tourism. On March 21, the Government of Nepal announced a nationwide lockdown, which affected industrial and …
Persistent link: https://www.econbiz.de/10012647390
Adequate and affordable energy supply is fundamental for economic growth, higher living standards, and social equity. The delivery of modern energy services helps to improve the quality of life for all citizens, expands opportunities for private businesses-and ultimately creates jobs. In the...
Persistent link: https://www.econbiz.de/10012644956
To better assess the water-energy nexus challenge in China, the Thirsty Energy initiative engaged the China Institute for Water Resources (IWHR) and Hydropower Research under the auspices of the Ministry of Water Resources and the Institute of Energy, Environment, and Economy of Tsinghua...
Persistent link: https://www.econbiz.de/10012645185
Vietnam has successfully developed the electricity and gas sectors that have contributed substantially to the economic development of Vietnam. To date, near universal electrification has been achieved, and the industrial, commercial, and residential sectors benefit from increasingly reliable...
Persistent link: https://www.econbiz.de/10012645862
Croatia joined the European Union (EU) in 2013, and the energy sector has been undergoing liberalization, deregulation, and unbundling of state-owned energy utilities. Croatia haswelcomed a number of new public and private energy companies. The Croatian power exchange was established in 2014 and...
Persistent link: https://www.econbiz.de/10012645955
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and...
Persistent link: https://www.econbiz.de/10012644282
Guinea-Bissau is fighting a battle against poverty, low growth, and political fragility. Each of these areas presents both a formidable challenge as well as an opportunity for serious, long-lasting and much-needed change. Poverty is entrenched, inequality is high and other human development...
Persistent link: https://www.econbiz.de/10012644551
South Asia emerged as the fastest growing region in the world in 2015, posting GDP growth of 7 percent. Weak oil and commodity prices, slowing capital flows and shrinking global trade contributed towards a deceleration of growth in most of the world's economies. South Asia - as a net importer of...
Persistent link: https://www.econbiz.de/10012644613
The aim of this note is twofold: (1) summarize emerging challenges and opportunities for the water sector in the Gulf Cooperation Council (GCC) countries; and (2) suggest ways to respond to these challenges where the World Bank's Water Global Practice can provide support. Following a description...
Persistent link: https://www.econbiz.de/10012644891
The report examines how Vietnam's economy has fared in a strengthening global economy in 2017, the drivers of Vietnam's recent economic performance, growth prospect and the country's progress in structural reform, among others. It also includes a special section on how to improve efficiency and...
Persistent link: https://www.econbiz.de/10012644948