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This second edition of the twice-yearly Gulf Economic Monitor describes recent economic developments, near-term prospects, and broader reform priorities in the Gulf Cooperation Council (GCC) countries (The Pulse of the Region). Regional aggregate GDP growth in 2017 weakened to just 0.5 percent,...
Persistent link: https://www.econbiz.de/10012645110
Robert B. Zoellick, President of the World Bank, discussed Kuwait's vision of employing trade to link their economy to …
Persistent link: https://www.econbiz.de/10012645155
The World Bank expects the Armenian economy to grow about 4 percent in 2017 with a modest but sustained recovery … envisaged over the medium term. After stagnating in 2016, the economy showed renewed and greater-than-expected strength in the …
Persistent link: https://www.econbiz.de/10012644893
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
welcoming effect for Kazakhstan in terms of enhancing the economy's buffers and supporting growth, it may also reduce the … developing a Dutch-Disease type of episode that could reduce economy's competitiveness and lower opportunities for … tradable nonoil sector's role in the economy, the government must demonstrate significant improvements to the rule of law, the …
Persistent link: https://www.econbiz.de/10012645341
The near-tripling of oil prices from their trough in January 2016, to nearly 80 US dollars per barrel in early October 2018, has spurred a recovery in the GCC economies, following three years of persistent weakness. Additional support has come from rising oil production, and a slower pace of...
Persistent link: https://www.econbiz.de/10012645756
Persistent link: https://www.econbiz.de/10012645858
productivity (value-added per worker). Hence, the Egyptian economy has not been able to generate high-earning jobs, at scale. Going …
Persistent link: https://www.econbiz.de/10012647637
markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong …
Persistent link: https://www.econbiz.de/10012245322
The Philippine economy has emerged as one of the fastest growing economies in East Asia, with growth accelerating to 7 … reserves, have continued to shield the economy from external headwinds, while a more diversified export basket allowed total … exports to grow, despite the decline in electronics exports. Overall, the economy is expected to expand by over six percent …
Persistent link: https://www.econbiz.de/10012248033