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The fallout from the COVID-19 crisis is hitting ECCU economies hard. Tourism receipts (accounting for nearly 40 percent …
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Jamaica was hit hard by the pandemic. An early lockdown in the Spring of 2020 helped contain the number of Covid-19 cases but the impact on the economy was severe, with real GDP shrinking by 10 percent. To counter the social and economic effects of the pandemic, the government temporarily...
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This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory, econometrics, and practitioners' insights to come up...
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This paper discusses key issues related to the economy of Mauritius. In 2015, the economy of Mauritius has grown at …
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This 2019 Article IV Consultation discusses that Mauritius is pursuing an ambitious strategy to foster inclusive growth … workers, an aging population, and declining productivity and cost competitiveness confront Mauritius in meeting these goals …
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This Selected Issues paper develops a Financial Conditions Index (FCI) for Mauritius-an instrument to gauge the … operational state of the financial sector and predict real economy activity. The evolution of Mauritius' financial services sector … supply and interest rates. The FCI is a robust predictor of real GDP growth in Mauritius. The FCI can also help inform …
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