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lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push … the region into recession. Many countries are struggling to contain the spread of the Covid-19 epidemic while avoiding a … shock. The response needs to consider how to socialize the losses, how to prevent a collapse of the financial sector, how to …
Persistent link: https://www.econbiz.de/10012644277
impact of the COVID-19 (coronavirus) pandemic on the Tunisian economy and the second presents findings from a diagnostic of …) carried out by the World Bank in collaboration with the Government of Tunisia …
Persistent link: https://www.econbiz.de/10012497540
Even before the COVID-19 pandemic, the world was living a learning crisis. Before the pandemic, 258 million children … learning deficits. All this means that the world was already far off track for meeting Sustainable Development Goal 4, which … shock to all education systems in our lifetimes. The damage will become even more severe as the health emergency translates …
Persistent link: https://www.econbiz.de/10012647071
Over the period 2019-21, Albania had to confront dual shocks: the 2019 earthquake and the COVID-19 pandemic. Both had sizable impacts on the country's economy. The COVID-19 pandemic took a heavy toll on an economy already affected by the earthquake in 2019. Key sectors were put in lockdown in...
Persistent link: https://www.econbiz.de/10013414016
establishes the context for the unprecedented developments of 2020 related to the Coronavirus 2019 (COVID-19) pandemic. Chapter …
Persistent link: https://www.econbiz.de/10012497498
The COVID-19 pandemic had a significant adverse impact on the Tajik economy. Real GDP growth slowed to 4.2 percent year-on-year in the first nine months of 2020, compared to 7.2 percent a year earlier. Restrictions on labor mobility and economic activity at home and abroad resulted in lower...
Persistent link: https://www.econbiz.de/10012497550
A sharp global growth slowdown and concerns about an impending global recession are weighing on commodity prices. Some energy prices remain elevated, however, amid geopolitical tensions and persistent supply disruptions. Brent crude oil prices are forecast to average $92/bbl in 2023 and ease to...
Persistent link: https://www.econbiz.de/10013544961
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016 …
Persistent link: https://www.econbiz.de/10012647400
to ongoing US sanctions, have led to exchange rate volatility and a surge in inflation. The economic rebound has also … been predominantly jobless which coupled with high inflation has translated to declining household welfare, especially …
Persistent link: https://www.econbiz.de/10012817597
Coronavirus (COVID-19)-related restrictions. Negative impacts of the oil price shock are amplified by Cambodia's already large …Cambodia is now weathering an oil price shock, just as the economy had started to recover amid a rollback of … undue domestic inflationary pressures on top of the imported inflation. The prospect of a protracted period of high …
Persistent link: https://www.econbiz.de/10013414011