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The global COVID-19 (Coronavirus) pandemic imposed both a supply and a demand shock on Nepal's economy, which adversely … affected growth. The global crisis induced by the pandemic initially impacted Nepal through the tourism sector, with arrivals … to tourism. On March 21, the Government of Nepal announced a nationwide lockdown, which affected industrial and …
Persistent link: https://www.econbiz.de/10012647390
The purpose of this report is to identify how to maximize finance available to Nepal in the electricity sector. This …
Persistent link: https://www.econbiz.de/10012646012
Vietnam has successfully developed the electricity and gas sectors that have contributed substantially to the economic development of Vietnam. To date, near universal electrification has been achieved, and the industrial, commercial, and residential sectors benefit from increasingly reliable...
Persistent link: https://www.econbiz.de/10012645862
Croatia joined the European Union (EU) in 2013, and the energy sector has been undergoing liberalization, deregulation, and unbundling of state-owned energy utilities. Croatia haswelcomed a number of new public and private energy companies. The Croatian power exchange was established in 2014 and...
Persistent link: https://www.econbiz.de/10012645955
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and...
Persistent link: https://www.econbiz.de/10012644282
South Asia emerged as the fastest growing region in the world in 2015, posting GDP growth of 7 percent. Weak oil and commodity prices, slowing capital flows and shrinking global trade contributed towards a deceleration of growth in most of the world's economies. South Asia - as a net importer of...
Persistent link: https://www.econbiz.de/10012644613
Cities in the developing world are rapidly expanding, boosting countries' economies, reducing poverty, and fueling global prosperity. But as more people, assets, and economic activity become concentrated in cities, and infrastructure struggles to keep up with rapid growth, the risk posed by...
Persistent link: https://www.econbiz.de/10012644866
The aim of this note is twofold: (1) summarize emerging challenges and opportunities for the water sector in the Gulf Cooperation Council (GCC) countries; and (2) suggest ways to respond to these challenges where the World Bank's Water Global Practice can provide support. Following a description...
Persistent link: https://www.econbiz.de/10012644891
This report examines the role of infrastructure in explaining why the region lags so far behind the rest of the country. More importantly, it looks at how improved infrastructure may help the region catch up. Infrastructure is examined here through its impact on social as well as economic...
Persistent link: https://www.econbiz.de/10012644927
India has achieved much in the last 25 years. Since the early 1990s, when reforms began, growthrates have been higher and more stable, the economy has become more modern and globally integrated,macroeconomic stability has improved, and the average citizen is better educated and lives longer. In...
Persistent link: https://www.econbiz.de/10012645093