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In Azerbaijan, economic growth was 4.6 percent in 2022, driven by non-energy sectors supported by recovering demand and fiscal expansion. Inflation accelerated sharply to 13.8 percent, driven by import prices. In the medium-term, growth is expected to moderate as non-energy sector growth returns...
Persistent link: https://www.econbiz.de/10014579666
Indonesia has been successful in navigating the macroeconomic fallout from asynchronous global shocks. Gross domestic product (GDP) growth remains strong though the economy is yet to fully recover to its pre-pandemic trajectory. This is consistent with labor market trends, which show a recovery...
Persistent link: https://www.econbiz.de/10014579732
Note: Chart 1.2.B has been updated on January 18, 2024. Chart 2.2.3 B has been updated on January 14, 2024. Global growth is expected to slow further this year, reflecting the lagged and ongoing effects of tight monetary policy to rein in inflation, restrictive credit conditions, and anemic...
Persistent link: https://www.econbiz.de/10014579760
Commodity windfalls and private consumption have sustained Indonesia's growth despite a difficult global environment, but signs of normalizing domestic demand are emerging. Inflation is easing at a faster pace than markets anticipated. Indonesia's external vulnerabilities remain moderate. The...
Persistent link: https://www.econbiz.de/10014579988
. The positive terms-of-trade effect has benefited Indonesia in the near-term through higher export and fiscal earnings. But …
Persistent link: https://www.econbiz.de/10013545515
After contracting 4.1 percent in 2020, economic activity in Brazil increased substantially in 2021. Vaccination has accelerated, and the adult population is likely to be covered in late 2021. A sluggish labor market rebound, coupled with high unemployment and low participation rates will likely...
Persistent link: https://www.econbiz.de/10013545539
"Oil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if...
Persistent link: https://www.econbiz.de/10011394146
-the-frontier innovations, inside-the-frontier innovations, and export booms. It extends the literature by increasing country coverage and the … performance. Furthermore, the search for export booms exhibits the least amount of sectoral concentration and path … modeling of these processes in theoretical work, particularly in the search for export booms, should be of a stochastic flavor …
Persistent link: https://www.econbiz.de/10010522079
thick institutional architecture is in reality quite thin. This is due to a particular type of an export-oriented model …
Persistent link: https://www.econbiz.de/10010522173
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