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This is a companion to the Global Economic Prospects 2010. Most commodity prices reached historical highs in mid-2008, giving rise to the longest and broadest commodity boom of the post-WWII period. Apart from strong and sustained economic growth, the boom was fueled by numerous factors...
Persistent link: https://www.econbiz.de/10012646600
Transportation services and infrastructure connect people, businesses, and places. They allow citizens to access opportunities, such as jobs, education, health services, recreation, and enable the movement and distribution of goods. As a result, transport services and infrastructure are key to...
Persistent link: https://www.econbiz.de/10013209022
The paper curate's knowledge residing in public documents and aims to distill lessons learned on how to adopt and use AI as part of a public sector modernization strategy. The paper's primary scope is on governance-related aspects. Chapter two elaborates on the opportunities being availed by...
Persistent link: https://www.econbiz.de/10012522000
Generative artificial intelligence (AI) has been developing rapidly and has attracted significant attention in recent years, with numerous advances and breakthroughs. The generative AI market is expected to grow from 1.5 billion dollars in 2021 to 6.5 billion dollars by 2026 - a compound annual...
Persistent link: https://www.econbiz.de/10014366529
Micro and small enterprise (MSME) insolvency is particularly likely to impact not only the business, but also the … frequently in the context of corporate insolvency. This report refines and expands on the earlier deliberations of the Insolvency … and Creditor or Debtor Regimes Task Force (ICR Task Force) regarding the optimal approaches for treating MSME insolvency …
Persistent link: https://www.econbiz.de/10012645571
In the last three years, household debt has risen by a third as disposable income declined. Declining interest rates, ease of access to credit for consumers and poorly regulated microfinance lending practices led to fast growth in consumer debt. Consumer lending in the banking and microfinance...
Persistent link: https://www.econbiz.de/10012646968
The World Bank Group assessed the insolvency and creditor/debtor regimes ('ICR') of Bulgaria pursuant to the joint IMF … rather comprehensive but in practice insolvency proceedings are not working effectively. This report tries to contribute to …
Persistent link: https://www.econbiz.de/10012247258
Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a … insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME … challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency …
Persistent link: https://www.econbiz.de/10012247946
The decline in commodity prices that began with metals and agriculture four years ago—joined by crude oil in mid-2014—continued in 2015Q1 (Figure 1). Energy, metals, and agricultural prices were down 28, 11, and 5 percent, respectively, from the previous quarter. Increasing supplies, bumper...
Persistent link: https://www.econbiz.de/10012564525
This edition of the Macro Poverty Outlooks periodical contains 203 country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for developing countries. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita - and...
Persistent link: https://www.econbiz.de/10013209135