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We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from in-ternational financial...
Persistent link: https://www.econbiz.de/10009630635
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
Gross domestic product (GDP) growth in China has remained strong in 2017, exceeding market expectations. Supported by … contribution of fixed investment has declined notably. This was partly driven by government efforts to limit local government off … supporting economic activity in China in 2017. Net exports contributed positively to growth for three consecutive quarters …
Persistent link: https://www.econbiz.de/10012644960
Economic conditions in China have changed dramatically over the past six months. The COVID-19 pandemic and measures … taken to contain it have triggered a combined demand and supply shock. The report projects that economic growth in China … 2021. Even as economic activity rebounds, the pace of China's poverty reduction is expected to slow, reflecting slower …
Persistent link: https://www.econbiz.de/10012647401
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
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5 … pressures and still weak consumer confidence, suggests continued fragility in the recovery. China's investment deceleration has …
Persistent link: https://www.econbiz.de/10014495447
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...
Persistent link: https://www.econbiz.de/10012646675
's large network of State Owned Enterprises. In addition, the government has recently unveiled the terms of a new development …
Persistent link: https://www.econbiz.de/10012603693
The Economic Monitor examines four possible factors behind Tunisia's slow recovery. First, the drop in mobility related to the pandemic may have been more harmful in Tunisia. However, mobility in Tunisia has dropped to a similar extent as other countries and it has now returned to pre-pandemic...
Persistent link: https://www.econbiz.de/10013181653
The World Bank expects the Armenian economy to grow about 4 percent in 2017 with a modest but sustained recovery envisaged over the medium term. After stagnating in 2016, the economy showed renewed and greater-than-expected strength in the first half of 2017, which has continued into the third...
Persistent link: https://www.econbiz.de/10012644893