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The new administration's policies have put the U.S. economy on a strong footing. An effective vaccine rollout has put the number of new COVID-19 cases on a firmly downward path. At the same time, unprecedented fiscal support is quickly restoring the economy back to full employment and generating...
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The Israeli economy has weathered the COVID-19 crisis exceptionally well, but risks are high. With substantial fiscal and monetary support, real GDP growth reached 8.1 percent in 2021, driven by consumption and high-tech exports. The rapid vaccination campaign boosted confidence. The outlook is...
Persistent link: https://www.econbiz.de/10013168760
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...
Persistent link: https://www.econbiz.de/10013169005
Uruguay entered the pandemic with solid institutions and social cohesion but growing macroeconomic imbalances-especially slow economic growth and weak public finances-as the end of the last commodity price boom in 2014 uncovered structural weaknesses. A new government came to power in March 2020...
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This Selected Issues paper analyses the implications of global value chains (GVC) participation for Latvia …'s competitiveness and exposure to risks. Using a structural model, it assesses Latvia's competitiveness through different real effective … paper suggests policy options to strengthen Latvia's competitiveness. The paper also estimates the impact of an appreciation …
Persistent link: https://www.econbiz.de/10012108461
This 2019 Article IV Consultation with Republic of Latvia highlights that the economy continued to expand rapidly in … are needed to offset the impact of Latvia's exceptionally unfavorable demographic trends and achieve robust long …
Persistent link: https://www.econbiz.de/10012108465