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Real GDP expanded by 17.7 percent in 2022, with per capita incomes surpassing the pre-pandemic levels. On the supply side, accommodation, transport, and commerce explained 60 percent of growth. On the demand side, exports (mainly tourism) and private consumption accounted for growth. The rebound...
Persistent link: https://www.econbiz.de/10014366505
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
This note will examine the distributional and efficiency issues associated with the fiscal response to the COVID-19 (coronavirus) crisis in Da Nang city and nationally in Vietnam. More specifically, we look at the social assistance (cash transfer) programs. Did these programs efficiently reach...
Persistent link: https://www.econbiz.de/10012817519
The national economy of Vietnam was affected by the April 2020 lockdown meant to contain the domestic spread of the COVID-19 (coronavirus) virus and subsequent outbreaks in Da Nang and Ho Chi Minh City. Nevertheless, the economy showed exceptional resilience. Gross domestic product (GDP) grew by...
Persistent link: https://www.econbiz.de/10012817520
This note analyzes the short-term effects of the COVID-19 (coronavirus) shock during the first year of the crisis and … the shock, and how, in turn, did they affect the fiscal space available to the authorities What tax measures did the … authorities implement to mitigate the shock and how successful were they What are the implications for any future tax policy and …
Persistent link: https://www.econbiz.de/10012817521
The objective of this public expenditure review (PER) is to provide the government with options for fiscal consolidation and support macroeconomic stability in the medium-term. This PER addresses the broad topic of expenditure efficiency and examines options for expenditure rationalization to...
Persistent link: https://www.econbiz.de/10012647293
The outbreak was declared a pandemic by the WHO on March 11 and the epicenter of the crisis has moved from China and Korea to the US and Western Europe. Infections are also increasing at a rapid pace in WBG client countries, with large uncertainty about the extent to which many countries are...
Persistent link: https://www.econbiz.de/10012522014
Private participation in infrastructure has taken two distinct forms in the developing world. The first model, applied primarily in Latin America, focuses on privatization of existing infrastructure assets. The second, applied largely in East Asia, focuses on retaining existing assets in the...
Persistent link: https://www.econbiz.de/10005486432
The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across...
Persistent link: https://www.econbiz.de/10012644294
correlated with observed cases of trafficking. For instance, the economic shock produced by a typical decrease in export …
Persistent link: https://www.econbiz.de/10013209155