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Russia's spatial disparities stem largely from its economic geography, which is unique and has no parallels even when compared to seemingly similar countries such as Australia and Canada. While Australia and Canada also have large land masses and even lower population densities than Russia, a...
Persistent link: https://www.econbiz.de/10012645431
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
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
Ghana has been a rising growth star and a beacon of hope in West Africa. Strong economic growth over the past two decades led to a near doubling of GDP per capita, lifting the country through the threshold for middle-income status in 2011. GDP per capita grew by an average of 3 percent per year...
Persistent link: https://www.econbiz.de/10012817526
The report identifies the need for reforms in five complementary areas to boost recovery, productivity, and economic transformation: 1) business regulatory environment; 2) foreign direct investment (FDI); 3) access to productive finance; 4) innovation and entrepreneurship; and 5) participation in...
Persistent link: https://www.econbiz.de/10012817594
Sri Lanka has an impressive track record of reducing poverty and sharing prosperity more broadly. A dynamic decade that spurred post-war growth and continued with a process of economic transformation led to a productivity boost and labor reallocation from agriculture to industry and services....
Persistent link: https://www.econbiz.de/10012700682
The report identifies the need for reforms in five complementary areas to boost recovery, productivity, and economic transformation: 1) business regulatory environment; 2) foreign direct investment (FDI); 3) access to productive finance; 4) innovation and entrepreneurship; and 5) participation in...
Persistent link: https://www.econbiz.de/10013255411
This policy note highlights the important benefits that digital government can bring to a country's government and people. Specifically, it states the rationale for digital government transformation in Vietnam and lays out the what and how of a prioritization and sequencing strategy that can...
Persistent link: https://www.econbiz.de/10013209112