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alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects … macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …
Persistent link: https://www.econbiz.de/10012228062
Persistent link: https://www.econbiz.de/10001476830
This 2007 Article IV Consultation highlights that Iraq’s economic growth has been slower than expected at the time of the last Article IV Consultation, mainly because the expected expansion of oil production has not materialized. Following a decline in oil production and real GDP in 2005,...
Persistent link: https://www.econbiz.de/10011244453
under the Poverty Reduction and Growth Facility, and Request for Waiver of Nonobservance of Performance Criterion is … debt. Short-term risks to economic growth and the balance of payments have emerged because of the global financial crisis …
Persistent link: https://www.econbiz.de/10011244841
This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea’s economy grew rapidly, by an average of 7¼ percent per year. But starting in 2003, the economy has begun to sputter. Growth suddenly stopped in the first half of the year, leapt ahead in the second half as...
Persistent link: https://www.econbiz.de/10005252883
credit expansion. In 2005, this boom helped to offset the drag on the economy from marked real currency appreciation, weaker …
Persistent link: https://www.econbiz.de/10011242814
Severe recessions and financial crises are frequent. Their effect on the economy is persistent and often exceeds initial projections. They can also be a strong driver of widening inequality. Therefore it is important that measures be taken to minimize the risk of such events while strengthening...
Persistent link: https://www.econbiz.de/10011863444
Severe recessions and financial crises are frequent. Their effect on the economy is persistent and often exceeds initial projections. They can also be a strong driver of widening inequality. Therefore it is important that measures be taken to minimise the risk of such events while strengthening...
Persistent link: https://www.econbiz.de/10011751855
resulted in a reduction of poverty in Africa. Inter-country variations in income and human poverty reinforce the established … patterns of well-being within the continent, as countries in Northern and Southern Africa have the lowest levels of poverty …. The empirical analysis reveals that inter- country differences in poverty levels can be accounted for by variables …
Persistent link: https://www.econbiz.de/10009277625
This 2005 Article IV Consultation highlights that Namibia recorded robust real GDP growth, falling inflation, a strong external current account surplus, and continued low external indebtedness over the last two years. Real GDP grew by 6 percent in 2004, as new marine technologies prompted a...
Persistent link: https://www.econbiz.de/10011243600