Energy subsidy reforms are, and will continue to be, at the forefront of policy debate in many countries around the world. International experience shows that energy subsidy reforms are a complex undertaking...
The report explores modeling approaches, designs, and impacts of CGE modeling exercises carried out for energy subsidy reforms in different country settings. The report reviews approaches used as part...
The Rwanda Economic Update No. 21 reviews the country’s macroeconomic performance and prospects and includes a special section focusing on the impact of foreign direct investment (FDI) on the domestic...
The Rwandan economy continued to achieve strong growth in 2022 in the face of weakening external demand and restrictive monetary policies required to control inflation. Rising food prices particularly...
Rwanda achieved rapid export growth in the decade before the pandemic. In addition, Rwanda has expanded business tourism by promoting the meetings, incentives, conferences/conventions, and events/exhibitions...
Rwanda’s economy staged a strong recovery in 2021. Inflationary pressures are mounting, leading the National Bank of Rwanda to tighten monetary policy. Looking ahead, economic growth is expected to moderate...
Global economic growth has picked up in 2021 and has now surpassed its pre-pandemic level. The National Bank of Rwanda (NBR) has maintained an accommodative monetary stance and other measures to support...
The Rwanda Economic Update (REU) analyzes recent economic developments and prospects, as well as Rwanda’s policy priorities. The REU is intended for a wide audience of policymakers, business leaders, other...
The lockdown, social distancing, and increased costs associated with the COVID-19 pandemic have reduced output and employment, increased poverty, and depressed trade transactions; in the absence of a strong...
The COVID-19 (Coronavirus) pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 (Coronavirus) virus has spread...
The COVID-19 (Coronavirus) pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 (Coronavirus) virus has spread...
The COVID-19 (Coronavirus) pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 (Coronavirus) virus has spread...
This note provides guidance on the different economy-wide modeling tools that can be utilized to quantify the economic effects of energy subsidy reform. ESRAF defines an energy subsidy as a deliberate...
This report assesses the future impact of two dynamically transforming economies – China and India on Russia’s economy. China is rebalancing its economy whereas India is rapidly expanding. What does this...
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A deteriorating security and humanitarian situation is dimming hopes for a robust economic recovery in the Central African Republic (CAR). The government continued to implement its fiscal consolidation...
The report assesses the future impact of two dynamically transforming economies - China and India - on Russia's economy. China is rebalancing its economy whereas India is rapidly expanding. What does this...
The report assesses the future impact of two dynamically transforming economies - China and India - on Russia's economy. China is rebalancing its economy whereas India is rapidly expanding. What does this...
This study assesses the main spillover effects of the Libyan crisis on the Tunisian economy and estimates the crisis’ overall social welfare and fiscal impacts on Tunisia. The authors consider four main...
The US authorities announced in December 2014 an intention to normalize relations with Cuba, including measures to ease economic sanctions and the ban on US citizens’ travel to Cuba. The impact of the...