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The Philippines' economic growth outlook remains positive, yet downside risks have increased. An expected slowdown in global trade in the medium term is likely to further dampen Philippine exports. Nevertheless, baseline economic growth is projected at 6.5 percent in 2018, 6.7 percent in 2019,...
Persistent link: https://www.econbiz.de/10012645643
, and improved governance? The Worldwide Bureaucracy Indicators (WWBI) were developed in response to growing calls to …
Persistent link: https://www.econbiz.de/10012642793
Persistent link: https://www.econbiz.de/10012645918
What effect does democratization have on meritocratic practices in the civil service? Democratization increases … performance incentives within the bureaucracy. This leads to more meritocracy for individuals with performance … servants' performance-enhancing characteristics, democratization increases discrimination. The author test this argument using …
Persistent link: https://www.econbiz.de/10012646462
China has achieved remarkable success in financial inclusion. China's rate of account ownership - a basic metric of … the world's largest agent banking network. China has also been an established leader in the fintech revolution, with new … themselves against risk. This report examines in detail China's approach to financial inclusion over the past 15 years. The …
Persistent link: https://www.econbiz.de/10012645331
Geographically, Chongqing is strategically positioned as a gateway to China's west, a key connection in the Yangtze … river economic belt, and a strategic base for China's belt and road initiative. Over the past two decades, Chongqing has …
Persistent link: https://www.econbiz.de/10012645963
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