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The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the...
Persistent link: https://www.econbiz.de/10012644293
Vietnam has achieved remarkable success in reducing poverty while controlling inequality. The country's broad-based growth reflects the government's focus on developing labor-intensive export sectors while investing heavily in human capital that saw the country exceed its peers. However, gains...
Persistent link: https://www.econbiz.de/10012645200
Industrial production and services growth remained resilient. Inflation has accelerated, primarily due to supply shocks. Monetary policy has been accommodative. Financial sector vulnerability is rising. With a tightening of prudential controls, lending rates are back to double digits. Despite...
Persistent link: https://www.econbiz.de/10012645205
This paper looks at the role and design of regulatory reform institutions in developing countries. These institutions … and by promoting the regulatory reform agenda; and 4) Ad hoc institutions for regulatory reform, established to launch …: section one briefly reviews the theoretical debate and literature about the role of institutions in facilitating higher …
Persistent link: https://www.econbiz.de/10012247308
Persistent link: https://www.econbiz.de/10012613657
Trade rebounded in 2017, with trade volume growing at 4.3 percent in 2017 - the fastest rate in 6 years. The recovery of trade is not limited to a few regions but is widespread, suggesting that we may be at a turning point. The largest contributions to global trade growth have come from East...
Persistent link: https://www.econbiz.de/10012645268
protecting consumers through economic regulation. Part two of this paper considers institutions and processes for implementing …
Persistent link: https://www.econbiz.de/10012247288
This report is an output of the Better Regulation for Growth Program between the Dutch Ministry of Foreign Affairs, the UK Department for International Development (DFID) and IC, the Investment Climate Advisory Services of the World Bank Group. The reports identifies a set of minimum...
Persistent link: https://www.econbiz.de/10012247289
consulting firms), investment promotion institutions, chambers of commerce, and other expert respondents in each of the countries …
Persistent link: https://www.econbiz.de/10012247306
This paper studies the impact of transport infrastructure projects of the Belt and Road Initiative on shipment times and trade costs. Based on a new data on completed and planned Belt and Road transport projects, Geographic Information System analysis is used to estimate shipment times before...
Persistent link: https://www.econbiz.de/10011947471