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COVID-19 severely hit the economy, causing a loss of tourism receipts and necessitating several strict lockdowns. Pre-pandemic tax cuts and the impact of COVID-19 led to fiscal deficits larger than 10 percent of GDP in 2020 and 2021 and a rapid increase in public debt to 119 percent of GDP in...
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Introduction and overview Jean A.P. Clément -- Sustaining growth takeoffs : lessons from Mozambique Jean A.P. Clément and Shanaka J. Peiris -- Halving the poverty rate by 2015 Louise Fox, Rui Benfica, and Melissa Sekkel -- Sustaining growth in the long term Sam Jones -- Monetary and financial...
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