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The firming of the economic recovery is putting the policy spotlight back on the longer term challenge of faster, more inclusive Gross Domestic Product (GDP) growth. Modest investment rates despite attractive returns and low savings rates despite favorable demographics are important impediments....
Persistent link: https://www.econbiz.de/10012247553
Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil markets has significantly improved Iraq's economic...
Persistent link: https://www.econbiz.de/10013413845
Thailand's economic growth slowed to 2.4 percent in Q3 2019, driven by cyclical factors, notably weak external demand and heightened global uncertainty. The downturn has also exposed structural constraints, which is reflected in the sluggish growth of public and private investments....
Persistent link: https://www.econbiz.de/10013473590
Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services. However, growth momentum has slowed since April, indicating that China's recovery remains fragile and dependent on policy support. China's GDP growth is projected to rise to a...
Persistent link: https://www.econbiz.de/10014312756
Developments in the Rwandan economy as of the first half of 2017 have been mixed. On the upside, Rwanda's external imbalances have eased on account of improvements in global commodity prices, global and regional strengthening of growth recovery, and the external adjustment the government...
Persistent link: https://www.econbiz.de/10012644959
Sri Lanka is facing a challenging macroeconomic landscape. The post-conflict high growth momentum has decelerated. A volatile global environment and structurally weak competitiveness continue to weaken growth and external sector performance. High interest costs mask limited fiscal improvement....
Persistent link: https://www.econbiz.de/10012645929
Tanzania has managed to sustain its growth momentum despite the intensifying effects of climate change. While Tanzania's economy continues to expand, recent growth has been concentrated in sectors that employ few workers from poor households, limiting its impact on poverty. The Bank of Tanzania...
Persistent link: https://www.econbiz.de/10014516869
Global economic activity is showing little sign of improvement in 2016, but growth in the emerging East Asia and the Pacific remains resilient. In Vietnam economic activity moderated in the first half of 2016, mainly due to the impact of a severe drought on agricultural production and slower...
Persistent link: https://www.econbiz.de/10012644511
The latest economic brief highlights that Zambia's rising macroeconomic imbalances, high debt and associated costs of debt service are crowding out private sector growth. The economy is expected to expand by 3.3 percent in 2018 in 2018 compared to 3.4 percent in 2017. Agricultures offers Zambia...
Persistent link: https://www.econbiz.de/10012645577