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grew at a very fast pace prior to the global crisis (about 12 percent on average between 2000 and 2007), in part due to a … country was significantly hit by the global financial crisis with output falling by over 14 percent last year. Looking forward …
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The global crisis is now in the rear view mirror and world growth is being restored. In sharp contrast with past … episodes of global turmoil, this time the recovery is led by the periphery, specifically by the larger and more dynamic …
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Following the East Asian financial crisis, the Bank's involvement in Thailand intensified, enabling a multifaceted stabilization, and structural reform dialogue, which deepened the economic, financial, and sector knowledge of the country. The study benefits from this analytical work, and...
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Russia saw strong growth in 2021, with momentum weakening late in the year. Growth will slow as Russia battles COVID-19 and elevated inflation. Globally, environmental sustainability is becoming central to the economic agenda. The challenge for Russia is to fundamentally transform its economic...
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"globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find … the output costs of promoting high interest rates to attract capital flows in a global world. These findings are robust to … the treatment of endogenous globalization measures. "--World Bank web site …
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