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China is at an historic juncture. After decades of high-speed growth, the authorities are now focusing on high …-quality growth. Whether and how this shift is carried through will determine China's development path for decades to come. Recent …
Persistent link: https://www.econbiz.de/10014408322
sustainable growth. Risks. Credit and ‘shadow banking,’ local government finances, and the corporate sector— particularly real … considered low as the government has the capacity to combat potential shocks. However, without a change in the pattern of growth … government borrowing, and investment will address the risks, but also slow growth. Macro support should be calibrated to allow …
Persistent link: https://www.econbiz.de/10014411468
Der Ausbruch der russischen Finanzkrise im Sommer 1998 brachte für die Wirtschaft des Landes außerordentlich starke …
Persistent link: https://www.econbiz.de/10001429313
target. However, the steady real decline in government revenue collection poses risks to needed medium-term fiscal …
Persistent link: https://www.econbiz.de/10014411513
Tuvalu is one of the smallest and most isolated countries in the world. With a population of some 11,000 people living on 26 square kilometers, Tuvalu is more than 3,000 kilometers away from its nearest major external market (New Zealand). The country faces tremendous challenges stemming from...
Persistent link: https://www.econbiz.de/10014411528
KEY ISSUES Context. Macroeconomic performance has generally exceeded expectations. Real GDP grew 7.3 percent for 2013, up from 6.3 percent in 2012. Inflation declined to below 5 percent, and the external current account balance has improved. Private credit growth has been slow, however, a number...
Persistent link: https://www.econbiz.de/10014411662
emerging economies, a continued buildup and eventual unwinding of excess capacity in China, an abrupt surge in financial market …
Persistent link: https://www.econbiz.de/10014411674
KEY ISSUES Context: The authorities continue to make progress on their far-reaching political and economic reform program. Key economic reform priorities are being realized. However, macroeconomic and financial risks are building, and capacity constraints are slowing institutional reform....
Persistent link: https://www.econbiz.de/10014411701
KEY ISSUES Context. Economic performance has improved over the last year. The recovery is taking hold, although domestic activity remains weak, in part constrained by weak banks and inefficient state-owned enterprises (SOEs). Inflation has declined, the current account remains in large surplus,...
Persistent link: https://www.econbiz.de/10014411705