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The global economic crisis seriously threatens the economic growth and poverty reduction that Armenia achieved in recent years. The most recent data indicate that the economy is now shrinking, with prospects worsening in 2009 and 2010 when the full impact of the crisis is expected to unfold....
Persistent link: https://www.econbiz.de/10012550874
There are visible signs that the global financial crisis is affecting economic growth and poverty reduction in Bulgaria. After a period of strong economic growth through 2008, Gross Domestic Product (GDP) in 2009 is projected to shrink by 3.5 percent due to the crisis, with important...
Persistent link: https://www.econbiz.de/10012550928
This note provides an update on the WBG's COVID-19 Crisis Response, outlined in June 2020 to help developing countries address the impacts of the pandemic while maintaining a line of sight to long-term development goals. It comprises five short sections: (I) the impacts of COVID-19 and...
Persistent link: https://www.econbiz.de/10013545594
measures undertaken in recent years to promote growth in the nonoil and gas sector. Russia's export base has narrowed … various dimensions of Russia's trade performance, including export diversification, sophistication, and survival. A detailed …. Section four analyzes the competition environment in Russia, by presenting analyses of price-cost margins, state ownership …
Persistent link: https://www.econbiz.de/10012560024
Russia's exports became further dominated by petroleum and natural gas over the last decade. The sector experienced … double-digit annual export growth in the last decade and represented almost 65 percent of Russia's exports value in 2009 a … in Russia's trade performance. Moreover, Russia's revealed comparative advantage seems concentrated in the 'periphery' of …
Persistent link: https://www.econbiz.de/10012557623
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competitive, knowledge based economy, and for involving Russia in the development process. A broad range of innovation policies …
Persistent link: https://www.econbiz.de/10012557411
"Taking price changes from the Global Trade Analysis Project (GTAP) model of world trade, the authors use a small open … results with the impact of Russian accession to the World Trade Organization (WTO) on income distribution and the poor. The … households gaining. They find that global free trade would result in a weighted average gain to households in Russia of 0 …
Persistent link: https://www.econbiz.de/10010522475