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Persistent link: https://www.econbiz.de/10004222212
In the context of weakening global demand, growth in the Western Balkans decelerated over the course of 2022 and into 2023. Against the background of the lasting effects of shocks from Russia's invasion of Ukraine, sticky inflation, and tighter financial conditions, global demand has been...
Persistent link: https://www.econbiz.de/10014454276
A recovery in the oil sector boosted recent economic performance. While the recovery in global oil prices would have a welcoming effect for Kazakhstan in terms of enhancing the economy's buffers and supporting growth, it may also reduce the perceived urgency for transitioning to the new growth...
Persistent link: https://www.econbiz.de/10012645341
Ethiopia's rapid growth over the past two decades has resulted in a surge in income per capita levels, with the country approaching fast the middle-income milestone. Over the past decade, fast growth was driven by capital accumulation, but the extent to which this growth has been equally...
Persistent link: https://www.econbiz.de/10013414006
Poland's economic development story is one of success: since the early 1990s, the country has transitioned to a market economy, integrated into the European Union economy and global supply chains and sustained robust growth, avoiding the middle-income trap and increasing the resilience of its...
Persistent link: https://www.econbiz.de/10013415229
There is a youth mental health crisis in Lithuania. Mental health challenges have several delirious consequences for …, unemployment, and incarceration. Addressing this crisis is a priority for the Government of Lithuania, as documented in several … give a comprehensive picture of the governance factors in Lithuania's mental health services delivery system. Chapter 2 …
Persistent link: https://www.econbiz.de/10013473577
The outbreak was declared a pandemic by the WHO on March 11 and the epicenter of the crisis has moved from China and Korea to the US and Western Europe. Infections are also increasing at a rapid pace in WBG client countries, with large uncertainty about the extent to which many countries are...
Persistent link: https://www.econbiz.de/10012522014
The aim of this note is to present and analyze subnational fiscal trends in Russia in the context of overall slowing economic growth and falling oil prices over the last few years. In particular, in 2015, GDP fell by 3.7 percent. Despite efforts to cut expenditures, the federal deficit increased...
Persistent link: https://www.econbiz.de/10012248386
The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile's Ministry of Finance, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Financial Market Infrastructures (PFMI) of the Committee on Payments and Market...
Persistent link: https://www.econbiz.de/10012248439
Chile has fairly developed payment, clearing, and settlement infrastructures. Sistema liquidacion bruta en tiempo real (real time gross settlement (LBTR) is largely compliant with the principles for financial market infrastructures (PFMI), and is sound from an operations perspective. ComBanc has...
Persistent link: https://www.econbiz.de/10012248565