The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across...

Albania is gradually emerging from the unprecedented economic disruptions caused by the coronavirus disease 2019 (COVID-19) pandemic. As the pandemic is overcome, it is crucial to shift attention back to Albania's long-term objective of building a stronger underlying economic growth model. This...

The devastating impact of the Covid-19 pandemic on the Cambodian economy-where the growth slowdown was among the most pronounced in the East Asia and Pacific (EAP) region-lies in the country's growth generating process. Recent growth has been remarkable, but insufficiently diversified in...

Four mutually supportive strategic pillars and related policy priorities would help Kazakhstan continue the structural transformation that stalled during the oil booms, in order to eliminate poverty and build a large and secure middle class: 1. economic management for diversification, to...

After nearly a decade of strong growth fueled by the boom in commodity prices, Ghana's economy remains undiversified and vulnerable to external shocks.This report strives to analyze the main challenges for economic diversification from a productivity angle.In looking at a set of high-growth...

This note takes stock of productivity trends of the Albanian non-agricultural private sector using granular firm-level data. To understand better the sources of jobs and productivity growth, this note analyzes firm-level data from the Albanian annual Structural Business Survey (SBS) collected by...

The Latin America and the Caribbean region is consolidating its recovery from the COVID-19 crisis, but the road ahead poses challenges: The damage inflicted by the pandemic on education and poverty require redress; new variants may appear; rising global inflation presents new policy dilemmas;...

The country benefited from the improved external demand in 2017. Global growth is estimated to have picked up in 2017 to 3.0 percent from 2.4 percent in 2016, reflecting gradual recovery in the euro area, China, emerging Europe, and Russia as commodity prices and financial markets continued to...

The Iran Economic Monitor provides an update on key economic developments and policies over the past six months. It examines these economic developments and policies in a longer-term and global context, and assesses their implications for the outlook for the country. Its coverage has ranged from...

The Lao PDR Economic Monitor provides updates on macroeconomic developments and sectoral issues in the country. It is produced bi-annually and distributed widely to the government agencies, development partners, the private sector, think tanks, civil society organizations, and academia....