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Gross domestic product (GDP) growth in China has remained strong in 2017, exceeding market expectations. Supported by risinghousehold incomes, the growth contribution of final consumption increased further this year. At the same time, the growth contribution of fixed investment has declined...
Persistent link: https://www.econbiz.de/10012644960
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5.2 percent y/y in the first three quarters of 2023, driven by demand for services, resilient manufacturing investment, and public infrastructure stimulus. The initial phase of...
Persistent link: https://www.econbiz.de/10014495447
Jordan's economy is showing a healthy recovery following a moderate contraction of 1.6 percent in 2020. Notwithstanding …, accommodative monetary policy by the Central Bank of Jordan (CBJ) as well as fiscal policy, continued to play an active role in … supporting the economy during the pandemic, while inflation has remained low. Yet, the pandemic has left deep scars on Jordan …
Persistent link: https://www.econbiz.de/10012817607
Despite recent progress on vaccine developments to combat the COVID-19 (coronavirus) pandemic, the global economic recovery remains surrounded by high uncertainty. During the first half of 2020, global economic output declined by an unprecedented level, resulting in a sharp fall in global trade....
Persistent link: https://www.econbiz.de/10012603655
Amidst a turbulent regional political and security environment, Jordan wrestles with sluggish growth and high … widening Jordan's output gap, with growth declining from 3.1 percent in 2014 to 2.4 percent for 2015. However, growth remained ….3 percent over 2016-2018, provided no further spillovers from the Syrian crisis occur. Chiefly, Jordan will need to continue …
Persistent link: https://www.econbiz.de/10012644516
Jordan's economic performance remains tempered in 2017 while the fiscal adjustment is in progress; yet there are … a robust performance in tourism. Jordan's industrial sector is expected to regain momentum based on a recovery in mining …
Persistent link: https://www.econbiz.de/10012644964
Jordan's economic growth has been subdued in the last year as spillovers from regional instability take a toll. Jordan … than 656,000 registered Syrian refugees with UNCHRwith an estimated 1.3 million Syrians in Jordan as per the census. While … downside risks. Compared to the region, Jordan's growth forecast of 2.3 percent for 2016 is in line with the average growth …
Persistent link: https://www.econbiz.de/10012246668
Persistent link: https://www.econbiz.de/10012521844
Despite a challenging global environment, Jordan's growth exceeded expectations during the first half of 2022 … performance. On the external front, elevated global commodity prices led to a significant rise in Jordan's import bill, outpacing … an adequate level, while Jordan continues to retain investors' confidence and access to foreign financial markets. Jordan …
Persistent link: https://www.econbiz.de/10014247495
Jordan's economy achieved a relatively strong rebound, registering 2.2 percent growth in 2021. The nascent recovery was … global commodity prices has kept the current account deficit elevated for another year. Nonetheless, Jordan ended 2021 on a … opening of the economy and a return in tourism and travel which is anticipated to boost Jordan's services sector. However …
Persistent link: https://www.econbiz.de/10013413981