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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
The Angolan economy is at a significant juncture. The current growth model based on oil wealth is nearly exhausted and has not delivered inclusive growth and shared prosperity. Angola faces two broad policy challenges that need to be addressed urgently: macroeconomic stabilization and a more...
Persistent link: https://www.econbiz.de/10012646202
China considers innovation be one of the key drivers of its future growth and convergence with more developed countries … technological catch- up, China must revise its approach to innovation policy. This paper takes stock of China's progress in building … recommendations to help China sustain its drive to become one of the global innovation champions …
Persistent link: https://www.econbiz.de/10012647097
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 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
Activity in China continues to track the ups and downs of the pandemic - outbreaks and growth slowdowns have been … growth is expected to slow to 2.7 percent in 2022 - 1.6 percentage points lower than projected in the June China economic …
Persistent link: https://www.econbiz.de/10014247460
. 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
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5 … pressures and still weak consumer confidence, suggests continued fragility in the recovery. China's investment deceleration has …
Persistent link: https://www.econbiz.de/10014495447