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room for monetary and fiscal policies to respond to shocks has eroded; underlying growth potential has slowed; and the … shocks. The subsequent decade of anemic growth underlines the need for sound policy frameworks, institutions, and business … environments to promote sustained growth. With the global growth outlook weakening and vulnerabilities rising, the policy priority …
Persistent link: https://www.econbiz.de/10012229095
countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth … international cooperation and coordination in support of strong and sustained global growth and financial system stability. Sound …
Persistent link: https://www.econbiz.de/10012257017
projections model, this paper estimates the implications of demand- and supply-driven oil price collapses for growth in emerging …
Persistent link: https://www.econbiz.de/10012388647
This paper documents stylized facts on rates of returns to education during economic crises. It shows from three middle-income countries - Indonesia, Pakistan, and South Africa - that the rate of return to university education (versus secondary education) has increased during economic crises....
Persistent link: https://www.econbiz.de/10012390668
by shocks. And now, with the global growth outlook still weak and vulnerabilities rising, these lessons underscore the … need for comprehensive policies to improve EMDEs' resilience to shocks and lift long-term growth prospects. On the … potential growth that is expected to continue over the next decade. Renewed reform momentum is needed to create the environment …
Persistent link: https://www.econbiz.de/10012564865
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