Russia's spatial disparities stem largely from its economic geography, which is unique and has no parallels even when compared to seemingly similar countries such as Australia and Canada. While Australia and Canada also have large land masses and even lower population densities than Russia, a...

Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and...

Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak private sector investment. As a result, the...

Because of its difficult starting position in transitioning to a market economy, so far macroeconomic policy in Serbia has mainly been concerned with achieving stability. At the start of its transition in 2001, Serbia was practically bankrupt, burdened with old overdue debt and huge arrears in...

The Country Opinion Survey in El Salvador assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in El Salvador perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia,...

Over the last two decades, successive governments and business leaders in the former Yugoslav Republic of (FYR) Macedonia have been actively working to transform the country's economy and put it on a higher, technology-based, growth trajectory. For a small, landlocked country with a limited...

In recent years, Bhutan has been revising its policy and increasing its efforts to attract FDI inflows. The existing policy regime governing FDI inflows is spelt out in the 2010 FDI Policy (amended in 2014). Despite the policy there are several reasons why Bhutan is not getting significant FDI...

The internationalization of the Ecuadorian economy is necessary if the country is to successfully adopt a development model led by the private-sector. The Ecuadorian government is seeking to accelerate growth and sustain social progress by giving greater prominence to the private sector; it does...

This Investment Policy and Regulatory Review (IPRR) presents information on the legal and regulatory frameworks governing foreign direct investment (FDI) and competition that affect businesses and foreign investors in Thailand. The research was primarily based on a review of currently applicable...