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Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil markets has significantly improved Iraq's economic...
Persistent link: https://www.econbiz.de/10013413845
Nigeria has vast potential, but development has stagnated over the past decade. The country is characterized by strong … is pushing young Nigerians to emigrate abroad in search of gainful employment. As a result, Nigeria is at a critical … historical juncture, with a choice to make. To chart a new and inclusive growth path, Nigeria needs macroeconomic and …
Persistent link: https://www.econbiz.de/10014247514
This edition of the Kazakhstan Country Economic Update (CEU) is part of a semi-annual series designed to monitor socio-economic developments in Kazakhstan. It presents a concise analysis of political, economic and social developments, as well as a progress report on structural reform...
Persistent link: https://www.econbiz.de/10012644946
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
Guinea is a country with a rich historical legacy, abundant natural resources, a privileged geographical location - and a rapidly growing population. A successful political transition and the emergence of a vibrant civil society have helped to ensure ethnic peace and the absence of civil wars in...
Persistent link: https://www.econbiz.de/10012645143
The Malawi Economic Monitor (MEM) provides an analysis of economic and structural development issues in Malawi. This edition was published in June 2019. It follows eight previous editions of the MEM and is part of an ongoing series, with future editions to follow twice each year. The aim of the...
Persistent link: https://www.econbiz.de/10012646208
Due to recurring shocks and resulting weak economic growth, Malawi has not experienced meaningful poverty reduction since 2004. In fact, poverty has been on the raise in rural areas. As poverty is mainly a rural phenomenon in Malawi and most of the poor engage in crop production, this report...
Persistent link: https://www.econbiz.de/10012646352
Persistent link: https://www.econbiz.de/10012646376
Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...
Persistent link: https://www.econbiz.de/10012646389