global growth from September by 0.2 percentage points for 2020 and by 0.6 percentage points for 2021. We now expect world …

growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0 ….3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from …

Small and medium-sized enterprises (SMEs) play an important role in the development of the economy and contribute … significantly to ensure sustainability, economic growth and wealth of nation. A strong and well-developed SME sector contributes … SMEs in Germany and Georgia. The question of research was about concomitant economic conditions and how well the segment of …

macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt …

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP … levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and …

external demand. Using a panel data model, we estimate how the number of deaths and lockdown measures affected GDP growth, the … unemployment rate, and export growth from January 2020 to September 2021, based on a sample of 25 countries grouped into three … regions. The results indicate that lockdown measures had a negative and statistically significant impact on GDP growth across …

Georgia's main development challenges and how effective the Bank Group's support was in addressing these challenges. The … the country's development priorities …