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The distribution of consumption in Moldova implies that changes in workers' remittances, migration, and energy prices … could influence consumption and poverty rates in some unexpected and even counter-intuitive ways. Relatively well-off groups … proportion to their consumption. The consumption of relatively wealthy groups is linked directly to price of natural gas, while …
Persistent link: https://www.econbiz.de/10012550872
Following an unprecedented tightening cycle that avoided deep recession and widespread job losses, the EU economy appears poised for a "soft landing" with inflation nearing target levels. In 2023, EU growth slowed to an average of 0.4 percent amid a significant decline in trade, while employment...
Persistent link: https://www.econbiz.de/10015198222
increasing government consumption and transfer payments on GDP. These results shed light on the contribution of fiscal policy to …
Persistent link: https://www.econbiz.de/10010522058
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This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Brazil, with an emphasis on public sector spending. The...
Persistent link: https://www.econbiz.de/10012553144
This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Brazil, with an emphasis on public sector spending. The...
Persistent link: https://www.econbiz.de/10012553146
Lebanon's current priority -- in the face of high public deficits and unsustainable debt dynamics -- is to contain and rationalize public expenditures in every possible sector while improving the efficiency of social spending. The needed containment of primary public expenditures should be...
Persistent link: https://www.econbiz.de/10012553583
investment and consumption. So far evolving financial developments in Europe have had limited effects on financial conditions in …
Persistent link: https://www.econbiz.de/10012557153
This report brings together three budget notes that assess Kenya's fiscal capacity to respond to global crisis and deliver shared growth without compromising macroeconomic stability. The report is organized into three notes. The key messages from this analysis point to areas where Kenya's fiscal...
Persistent link: https://www.econbiz.de/10012557546