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On July 1, 2020, Mauritius officially joined the ranks of High-Income Countries (HIC). It is a cruel historical irony that Mauritius reached the High-Income milestone during one of the worst years in its history. Mauritius delivered a highly successful health response to the global Covid-19...
Persistent link: https://www.econbiz.de/10012544679
After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of 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...
Persistent link: https://www.econbiz.de/10012644277
The COVID-19 (coronavirus) global pandemic will have a large negative impact on the Kenyan economy. Even before being … affected by the novel coronavirus, Kenya's economy had decelerated. The World Bank estimates that GDP growth in 2019 was about … 5.6 percent, down from 6.3 percent in 2018. The COVID-19 (coronavirus) shock is expected to further reduce growth in …
Persistent link: https://www.econbiz.de/10012647069
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
When the global COVID-19 (Coronavirus) pandemic emerged in early 2020, Liberia was already facing a challenging …
Persistent link: https://www.econbiz.de/10012647405
Commodity windfalls and private consumption have sustained Indonesia's growth despite a difficult global environment, but signs of normalizing domestic demand are emerging. Inflation is easing at a faster pace than markets anticipated. Indonesia's external vulnerabilities remain moderate. The...
Persistent link: https://www.econbiz.de/10014312770
The special topic of this edition of the Macroeconomic Monitoring report focuses on the TC administration's 'public' financial support to the agriculture sector. Due to the Turkish lira depreciation, the recent adverse climate conditions, and exacerbated by the COVID-19 crisis, the agriculture...
Persistent link: https://www.econbiz.de/10012544689
Governments around the world are designing and implementing rapid responses to the COVID-19 (coronavirus) pandemic. In … addressing and mitigating corruption risks in the COVID-19 (coronavirus) response, both in the initial response and in the medium … Institutional Response to the COVID-19 (coronavirus) Pandemic …
Persistent link: https://www.econbiz.de/10012647075
The COVID-19 pandemic has unleashed a global health emergency and an unprecedented economic crisis of historic magnitude. Governments facing this threat are in uncharted territory, but three policy priorities addressed in this note are clear. Disease containment is a first-order concern to...
Persistent link: https://www.econbiz.de/10012647125
The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK -may also be felt in the EU...
Persistent link: https://www.econbiz.de/10012644361