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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 … cases and 17 deaths, Mauritius has so far been able to avoid the large-scale health crisis observed in many other countries …
Persistent link: https://www.econbiz.de/10012544679
This Country Economic Memorandum (CEM) argues for a significant shift in policy to enable a virtuous cycle of sustained and inclusive economic growth, outlined infive building blocks. Chapter 1 identifies policy priorities to restore the macroeconomic fundamentals for growth through fiscal...
Persistent link: https://www.econbiz.de/10014495453
This joint Country Economic Memorandum (CEM) and Public Expenditure Review (PER) aims to support the Government of the Republic of the Marshall Islands (GoRMI) to identify a prioritized and sequenced set of reforms to drive increased economic growth, resilience, and fiscal sustainability. The...
Persistent link: https://www.econbiz.de/10012642808
After experiencing exceptional economic growth in the 2000s, Kazakhstan's economy has slowed sharply since the global financial crisis, putting development achievements at risk. The economic slowdown has been caused by sharply lower commodity prices, and structural degradation of the economy....
Persistent link: https://www.econbiz.de/10012645954
The Angolan economy is at a significant juncture. The current growth model based on oil wealth is nearly exhausted and has not delivered inclusive growth and shared prosperity. Angola faces two broad policy challenges that need to be addressed urgently: macroeconomic stabilization and a more...
Persistent link: https://www.econbiz.de/10012646202
Persistent link: https://www.econbiz.de/10012646212
, as data is available, Belize, Cabo Verde, Comoros, Dominica, Fiji, Mauritius, Maldives, Seychelles, St. Lucia and Vanuatu …
Persistent link: https://www.econbiz.de/10012646309
The purpose of this background note is to give an overview of the literature on output volatility and economic growth, assess output volatility and its impact in Sao Tome and Principe (STP). This note is organized in four sections, besides this introductory part. The second section reviews the...
Persistent link: https://www.econbiz.de/10012646310
The importance of a good regulatory and institutional environment for business creation and growth is well established. Good regulations and a level playing field are particularly important to maximize opportunities for private investment in small island states like Sao Tome and Principe, which...
Persistent link: https://www.econbiz.de/10012646315
Madagascar is characterized by an expanding economy and a peaceful transition of power, providing a solid basis for achieving a more productive, inclusive, and sustainable growth trajectory. Given the vast opportunities, but also substantial challenges, the objective of the Madagascar country...
Persistent link: https://www.econbiz.de/10012646680