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Growth in Emerging East Asia accelerated to reach 8.1 percent in 2006. This was the strongest pace of economic expansion in the last ten years and a fitting commemoration of the decade that has passed since the start of the Asian financial crisis in 1997. The region's accomplishments in...
Persistent link: https://www.econbiz.de/10012647000
information collected as part of the World Bank Group's regular economic monitoring …The COVID-19 pandemic has turned the world economy upside down. As recently as January 2020, analysts and various …. The report draws on available data reported by the government, the National Bank of Kazakhstan (NBK), and additional …
Persistent link: https://www.econbiz.de/10012647396
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has...
Persistent link: https://www.econbiz.de/10012647400
Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...
Persistent link: https://www.econbiz.de/10012646437
attributes. From January 1, 2015, all EU Member States were required to transpose the Bank Recovery and Resolution Directive … Guidebook Understanding Bank Recovery and Resolution in the EU: a Guidebook to the BRRD …
Persistent link: https://www.econbiz.de/10012247960
This paper presents the main findings of the 2017 survey on national development banks that the World Bank conducted in … collaboration with the World Federation of Development Financing Institutions. Sixty-four development banks from different parts of … the world, mainly from middle-income countries, participated in the survey …
Persistent link: https://www.econbiz.de/10012645292
long negotiation process. The new bank recovery and resolution framework has wide reaching implications, both within the EU …
Persistent link: https://www.econbiz.de/10012247959
After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are...
Persistent link: https://www.econbiz.de/10012644277
This edition of the Kazakhstan Economic Update is part of a biannual series designed to monitor economic developments in Kazakhstan. It presents a concise analysis of macroeconomic and structural conditions from late 2015 through the first five months of 2016
Persistent link: https://www.econbiz.de/10012644503
Developing East Asia is battling the forces of global recession. The impact of the crisis in the advanced countries was transmitted to the economies of the region with unusual speed. In the region, the initial global financial turbulence was marked by sudden reversals of capital flows in the...
Persistent link: https://www.econbiz.de/10012646986