The economy expanded by 5.6 percent year-on-year in Q4 2023 as robust private consumption continued to fuel growth, while the recovery of tourism buoyed the expansion of services. The cumulative fiscal deficit declined in November 2023, while low external demand dampened goods exports, which...

The systematic country diagnostic (SCD) covers a group of nine small Pacific Island countries (PIC-9) - Kiribati, Marshall Islands, the Federated States of Micronesia, Nauru, Palau, Samoa, Tonga, Tuvalu, and Vanuatu. The document updates the previous SCD, completed in 2016, and assesses the...

Ce Mémorandum économique du pays (CEM) contribue au programme de diversification dugouvernement dans la mesure où il définit et préconise des politiques et des réformes clés pour jeterles bases d'un « développement plus diversifié » au Congo en appui à une croissance économique...

The fact of globalization, improvements in efficiency of intermediary services and activities, transactions that can be done in electronic environment and stocks that quoted on more than one stock exchange markets led to close integration process. These developments contribute to financial...

The economic and financial development are examined in Algeria, Egypt, Iran, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen, representing the Middle East and North Africa region. Lengthy bureaucratic procedures, unclear...

This book probes into China's economic growth in 2013 and predicts China's development prospects. China’s GDP growth in 2014 continues to slow down, and is expected to be 7.6%, with the CPI stable at a level of 2.5%. With the pressures of structural slowdown, 2014 will be a year of adjustment,...

This paper discusses the political factors that lead African countries to underdevelopment. To this end, a literature search was carried out and published material was consulted. The results of the research show that Africa is considered a contented country full of resources that gives it an...

We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...

The collapse of the USSR significantly affected the economic and political situation of all the republics which gained sovereignty as a result. Among them were countries such as Estonia and Kazakhstan. This article considers whether these countries have coped with the new political conditions....