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The Slovak Republic faced the pandemic from a position of strength with fiscal space and comfortable banking sector buffers. Effective policy support, through measures aimed at preserving jobs, providing liquidity support, and ensuring credit supply, have limited the economic fallout. Output is...
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The Czech Republic entered the pandemic on a strong economic footing. Amid another surge in virus infections, the outlook is for a continued rebound in activity. However, the risks are tilted to the downside. Inflation remained marginally above the upper tolerance band in 2020 and increased...
Persistent link: https://www.econbiz.de/10013169153
, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India … old before becoming rich? -- Invention, productivity, and the evolution of East Asia's innovation systems -- Secular … stagnation and Asia : international transmission and policy spillovers -- Japanese lessons from the past 30 years -- Japan …
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This Technical Assistance Report on the Republic of Estonia highlights that public investment is a priority spending … area, and Estonia is seeking to strengthen the efficiency and effectiveness of its capital expenditure from an already high … level. Estonia's public investment is relatively efficient, while further improvements should pay attention to the quality …
Persistent link: https://www.econbiz.de/10012019630
This 2019 Article IV Consultation with Estonia discusses that the outlook is favorable for the near term, however, for … slower economic activity for the medium term. Th economy has performed well in recent years, supported by prudent management …-area average, consistent with Estonia's convergence process. Wages are rising, reflecting a tight labor market and skill shortages …
Persistent link: https://www.econbiz.de/10012154253
This Selected Issues paper on Estonia examines impact of assessing competitiveness and exposure to shocks integrating … goods. However, like most European economies, Estonia is highly integrated into GVCs. This implies that assessments of … trade shocks accounting for the GVC participation in Estonia. The analysis using a REER index considering the GVC …
Persistent link: https://www.econbiz.de/10012154254