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widespread attention. Emerging from deep recession and high unemployment in the early 1980s, the economy shifted to a pace of …
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This Joint Staff Advisory Note on the Poverty Reduction Strategy Paper discusses that Somalia has made noteworthy progress since 2012 to recover from decades of conflict and state fragmentation. The country has succeeded in rebuilding core state capabilities and organized two democratic national...
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, the cyclical position of the economy, and expectations about future shocks. This paper shows that a fiscal consolidation …
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