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Among EU countries, Romania suffered a relatively shallow recession in the COVID-19 crisis, aided by macroeconomic easing. A strong recovery is projected in 2021. The new government is committed to balance continued pandemic-related support with the start of a medium-term fiscal consolidation...
Persistent link: https://www.econbiz.de/10012697857
faster than expected but its strength is unlikely to be sustained. Benign global market conditions have supported asset …
Persistent link: https://www.econbiz.de/10013169074
of global supply bottlenecks. The pace of absorption and the effectiveness of use of Next Generation EU (NGEU) funds will …
Persistent link: https://www.econbiz.de/10013168996
Malaysia entered the pandemic from a robust economic position but has nonetheless been significantly affected. A synchronous fiscal, monetary and financial policy response has helped cushion the economic impact. As a result, after a deep recession in 2020, and assuming the pandemic is brought...
Persistent link: https://www.econbiz.de/10012516500
Successful containment of COVID-19 and strong policy support have helped contain the health and economic fallout, and a strong recovery is underway. Growth in 2020 reached 2.9 percent, among the highest in the world. However, labor market conditions remain weak. Corporate balance sheets have...
Persistent link: https://www.econbiz.de/10012516477
A nascent recovery is underway in Thailand following the COVID-19 downturn. Ample policy buffers, underpinned by judicious management of public finances, allowed the authorities to implement a multipronged package of fiscal, monetary, and financial policies to mitigate the COVID-19 impact on...
Persistent link: https://www.econbiz.de/10012604437
-2020, economic activity started recovering in 2020H2 in the wake of ample policy stimulus. Inflation remains near the … policy target, with inflation expectations anchored, and the current account balance has improved amid a sharp drop in … the inflation-targeting framework, respectively. Beyond the pandemic-related risks, there is uncertainty stemming from a …
Persistent link: https://www.econbiz.de/10012517702
Belize has been hit hard by the COVID-19 pandemic, which led to a deep recession and worsened fiscal and external positions from already weak levels. The opposition People's United Party won the November 2020 elections by a wide margin, which gives the new government a unique opportunity to jump...
Persistent link: https://www.econbiz.de/10012604044
inflation-targeting regime, flexible exchange rate, credible fiscal framework, reflected in very low public debt, and sound …
Persistent link: https://www.econbiz.de/10012604188
tourism sector depend on control of the epidemic and progress in global and domestic vaccine distribution, spelling a …
Persistent link: https://www.econbiz.de/10012604433