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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
Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak private sector investment. As a result, the...
Persistent link: https://www.econbiz.de/10012646675
Because of its difficult starting position in transitioning to a market economy, so far macroeconomic policy in Serbia has mainly been concerned with achieving stability. At the start of its transition in 2001, Serbia was practically bankrupt, burdened with old overdue debt and huge arrears in...
Persistent link: https://www.econbiz.de/10012647010
China's recovery has broadened as economic activity has continued to normalize. Economic growth in China is projected … returns to trend growth. As China's recovery firms up, macroeconomic policies are expected to shift from accommodative to more … strength of the recovery in China and the rest of the world. Rising financial vulnerabilities, together with subdued …
Persistent link: https://www.econbiz.de/10012603633
Following a strong rebound in the first half of 2021, economic activity cooled rapidly in the latter half of the year. The slowdown was partly policy induced, reflecting significant fiscal tightening and regulatory curbs on the financial and real estate sectors, while recurring COVID-19...
Persistent link: https://www.econbiz.de/10013181667
Gross domestic product (GDP) growth in China has remained strong in 2017, exceeding market expectations. Supported by … supporting economic activity in China in 2017. Net exports contributed positively to growth for three consecutive quarters … implementation of capital controls and greater domestic market confidence, capital outflows from China declined to 47 billion US …
Persistent link: https://www.econbiz.de/10012644960
The World Bank Economic Update provides an overview of recent economic and social developments and policies in China …. Economic activity in China remains resilient, with GDP growing by 6.9 percent in 2017 and 6.8 percent year on year (yoy) in the …
Persistent link: https://www.econbiz.de/10012645307
: importing goods through both formal and informal trade systems, mainly from China, and re-exporting (in few cases with some …
Persistent link: https://www.econbiz.de/10012647288
Following a collapse in the first quarter of 2020, economic activity in China has normalized faster than expected … that constrained further investment-driven catch-up growth. Moreover, as China seeks to rebalance its economy from …
Persistent link: https://www.econbiz.de/10012497520
. However, growth momentum has slowed since April, indicating that China's recovery remains fragile and dependent on policy … support. China's GDP growth is projected to rise to a 5.6 percent in 2023, led by a rebound in consumer spending. The economic … recovery offers an important opportunity for policymakers to refocus their efforts on achieving China's longer-term development …
Persistent link: https://www.econbiz.de/10014312756