The special topic of this edition of the Macroeconomic Monitoring report focuses on the TC administration's 'public' financial support to the agriculture sector. Due to the Turkish lira depreciation, the recent adverse climate conditions, and exacerbated by the COVID-19 crisis, the agriculture...

The Turkish lira (TL) has depreciated to an extent not seen since the 2001 crisis, reaching its lowest level in September 2018 (TL 6.37/US 1.00 dollar), losing 66 percent of its value against the US dollar since January 2018. This Regular Economic Report focuses on the likely impact of the...

This report profiles poverty and assesses the performance of the social assistance (SA) system in the Turkish Cypriot community (TCc). The aim of this report is to provide information and evidence-based analysis to policy-makers on the determinants of poverty in the TCc and on the effectiveness...

The Turkish Cypriot economy (TCe) has struggled to recover since the onset of the COVID-19 pandemic in early 2020. With a contraction of 16.2 percent in GDP in 2020, when the COVID-19 pandemic first took hold, the TCe experienced the most severe recession in its history, and the most severe...

This activity, which is part of the World Bank's European Commission (EC) - funded multisectoral engagement in the Turkish Cypriot community (TCc), aims to support the efforts to promote women's economic engagement, in particular by identifying constraints and required support for female...

Cyprus joined the European Union (EU) in 2004 as a de-facto divided island. The agriculture sector is an important driver for the Turkish Cypriot (TC) economy. The sector has significant linkages to other economic sectors, such as food processing and tourism. Manufacturing, which includes...

Cyprus joined the European Union (EU) in 2004 as a de-facto divided island. The agriculture sector is an important driver for the Turkish Cypriot (TC) economy. The sector has significant linkages to other economic sectors, such as food processing and tourism. Manufacturing, which includes...

This note will examine the distributional and efficiency issues associated with the fiscal response to the COVID-19 (coronavirus) crisis in Da Nang city and nationally in Vietnam. More specifically, we look at the social assistance (cash transfer) programs. Did these programs efficiently reach...

This report examines the system of residential electricity subsidies in Pakistan, and explores how it can be improved to better assist households within the existing political and budgetary constraints. The report is multi-disciplinary in nature, drawing on specially commissioned analysis of...