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Future Armenia : Connect, Compete, Prosper
World Bank Group - 2017
Since its independence in 1991 and until prior to the global financial crisis (GFC) in 2008-09, Armenia was considered …) identifies four challenges for Armenia to reinvigorate inclusive growth and resilience. First, with far less supportive external … labor market. Fourth, key vulnerabilities at the macroeconomic, environmental, and microeconomic levels are faced by Armenia …
Persistent link: https://www.econbiz.de/10012645285
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Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges
World Bank Group - 2020
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
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Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya's Digital Transformation
World Bank Group - 2019
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
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Serbia's New Growth Agenda : Investment for Growth
World Bank Group - 2020
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
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Western Balkans Regular Economic Report No.24, Fall 2023 : Toward Sustainable Growth
World Bank Group - 2023
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
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Malaysia Economic Monitor, October 2023 : Raising the Tide, Lifting All Boats
World Bank Group - 2023
Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with...
Persistent link: https://www.econbiz.de/10014454310
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China Economic Update, December 2023 : Which Way Forward? Navigating China's Post-Pandemic Growth Path
World Bank Group - 2024
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5.2 percent y/y in the first three quarters of 2023, driven by demand for services, resilient manufacturing investment, and public infrastructure stimulus. The initial phase of...
Persistent link: https://www.econbiz.de/10014495447
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Tajikistan Country Economic Update, Summer 2021 : Rebounding Economy, Challenges Remain
World Bank Group - 2021
After the economic slowdown in 2020, Tajikistan's GDP grew at an annual rate of 8.7 percent in the first half of 2021. According to the Listening-to-Tajikistan (L2T) survey, the social and economic wellbeing of the population severely deteriorated following the outbreak of COVID-19...
Persistent link: https://www.econbiz.de/10012642794
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Pakistan Development Update, April 2016 : From Stability to Prosperity
World Bank Group - 2016
South Asia emerged as the fastest growing region in the world in 2015, posting GDP growth of 7 percent. Weak oil and commodity prices, slowing capital flows and shrinking global trade contributed towards a deceleration of growth in most of the world's economies. South Asia - as a net importer of...
Persistent link: https://www.econbiz.de/10012644613
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Georgia Country Economic Update, February 2018 : Making the Recovery Sustainable
World Bank Group - 2018
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...
Persistent link: https://www.econbiz.de/10012644918