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As Malaysia strives to become a high-income economy, the need for advanced and specialized skills will be crucial to maintain its economic competitiveness. Sophisticated skills, whether cognitive, technical or socio-emotional, are built on strong foundational skills. Malaysia has expanded early...
Persistent link: https://www.econbiz.de/10014553801
The economy has shown resilience to recent global shocks thus far, with output surpassing its pre-pandemic level in 2022 Q3, earlier than expected but trailing behind peers. Thailand's economic recovery, however, lagged that of its ASEAN peers, most of which returned to pre-pandemic levels by...
Persistent link: https://www.econbiz.de/10014247517
The World Bank's teams have been resorting to the use of a mix of standard tools and innovative geospatial and remote-based data sources (e.g., nighttime lights, shipping-position data, traffic congestion data, aviation statistics, mobile phone location data, remote sensing vegetation indices,...
Persistent link: https://www.econbiz.de/10014249814
Now moving into its twelfth year, the conflict in Syria has inflicted a devastating impact on the inhabitants and the economy. Beyond the immediate impact of the conflict, the economy suffers from the compounding effects of the pandemic, adverse weather events, regional fragility, and...
Persistent link: https://www.econbiz.de/10013413836
supply disruptions; reduced macroeconomic support; and substantial negative spillovers from the war in Ukraine. The conflict …
Persistent link: https://www.econbiz.de/10013413856
's economic outlook is subject to significant risks. Consumer price inflation accelerated due to a combination of supply-push and …
Persistent link: https://www.econbiz.de/10013413954
, persistent global headwinds, including rising international commodity prices, global supply chain bottlenecks, negative …
Persistent link: https://www.econbiz.de/10013413981
Libya is struggling to cope with a trifecta of crises, including the civil conflict, the Coronavirus (COVID-19) pandemic and most recently, the impact of the Russia-Ukraine crisis. Notwithstanding the tempering of conflict intensity since 2021, the Libyan economy has been battered by the...
Persistent link: https://www.econbiz.de/10013414076
energy prices remain elevated, however, amid geopolitical tensions and persistent supply disruptions. Brent crude oil prices … finds that the price rebound after the pandemic was mainly driven by the economic recovery, but supply factors also … contributed about one-quarter to the rebound. Since March 2022, a steep global growth slowdown, an unwinding of supply constraints …
Persistent link: https://www.econbiz.de/10013544961
Djibouti's economic activity has slowed since the beginning of 2022, after the rebound observed in 2021. Fiscal pressure has increased as a result of measures to mitigate the impact of the war in Ukraine, worsening drought, and a sharp increase in debt service in 2022. Rising international...
Persistent link: https://www.econbiz.de/10013538298