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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 model, including the strong need of continuing the macro-fiscal adjustment … banking sector, and deepen structural reforms. To transit to a new growth model and facilitate a sizeable expansion of the …
Persistent link: https://www.econbiz.de/10012645341
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 economy. Poland has sustained strong growth over the past three decades, making …-diversified and more resilient to shocks. Long-term growth has been supported by increased total factor productivity (TFP), grounded …
Persistent link: https://www.econbiz.de/10013415229
Serbia needs to transition to a greener growth model for internal and external reasons. Internally, Serbia's economy is … resilient growth in Serbia can begin. First, environmental fiscal reforms are needed to incentivize the adoption of more … mitigates the risks of 'brown' growth, protects those adversely impacted, and ensures an equitable distribution of the benefits …
Persistent link: https://www.econbiz.de/10013538315
In the context of weakening global demand, growth in the Western Balkans decelerated over the course of 2022 and into … demand side, private consumption remained in general an important growth driver, despite rising price pressures. Reforms are … needed to consolidate the recovery toward sustainable growth, while negotiations with the EU hold the potential to bolster …
Persistent link: https://www.econbiz.de/10014454276
What effect does democratization have on meritocratic practices in the civil service? Democratization increases performance incentives within the bureaucracy. This leads to more meritocracy for individuals with performance-enhancing characteristics, such as educational attainment, which...
Persistent link: https://www.econbiz.de/10012646462
Ghana has been a rising growth star and a beacon of hope in West Africa. Strong economic growth over the past two … productivity growth, occurs as people and resources shift from lower to higher productivity activities. It raises household incomes … growth by adopting better technologies and capabilities …
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
spurred post-war growth and continued with a process of economic transformation led to a productivity boost and labor …
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