Indonesia has been successful in navigating the macroeconomic fallout from asynchronous global shocks. Gross domestic product (GDP) growth remains strong though the economy is yet to fully recover to its...
COVID-19 cases in the Philippines appeared to have stabilized in June, albeit at a higher level compared to early 2021. Lower infections in Metro Manila have been offset by higher numbers in the provinces...
Despite an initial surge in COVID-19 cases, cross country data suggests that Turkey containedrelatively quickly the spread and worst health effects of the virus. As in other countries, however, continued...
The Turkish economy has experienced major external adjustments over the past 12 months, including declining current account imbalances, reduced external debt of banks, and a recovery in portfolio flows...
Turkey’s pace of income convergence has globally been one of the most remarkable of the past fifteen years. Sustaining growth and improvements in living standards in Turkey will require higher productivity...
Mid-2018 was a period of intense market volatility and rising economic stress in Turkey that wasprecipitated by existing macroeconomic imbalances and elevated political tensions with the US.A confluence...
Notes in this report present the nature of jobs in each sector (except the public sector), the challenges to improving these sectors, and recommended policies to develop sector-specific jobs strategies...
A strong policy response - on the back of fiscal buffers, a strong financial system, and favorable external conditions - enabled Turkey to recover from its shock of 2016, with growth accelerating to 7.4...
Myanmar’s macroeconomic environment remains stable, though economic growth is estimated to have slowed to 5.9 percent in 2016-17 compared to 7 percent in 2015-16, weighed down by slower investment demand...
Growth in developing East Asia and Pacific (EAP) continues to be resilient and in line with previous expectations. Already robust domestic demand has been supported by some pickup in external demand and...
Myanmar had a strong economic take off between 2011 and 2015, but sustaining it will depend on improvements to public services and infrastructure. Yet general government spending at 15 percent of gross...
The Myanmar Economic Monitor (MEM) periodically takes stock of economic developments anddiscusses economic prospects and policy priorities in Myanmar. The MEM draws on available datareported by the Government...
After two years of strong economic growth and macroeconomic stability, Myanmar faced a more difficult economic environment in 2015-2016. In 2015-2016, economic growth in Myanmar eased to 7 percent amid...
The November 8, 2015 elections in Myanmar marked a historic milestone in the country’s political and economic transition that began in 2011. Incoming policy makers are preparing to pick up the baton and...
The November 8, 2015 elections in Myanmar marked a historic milestone in the country’s political and economic transition that began in 2011. Incoming policy makers are preparing to pick up the baton and...
Union Budget policies in Myanmar have undergone fundamental shifts since 2011 to accelerate delivery of essential public services. This first ever Public Expenditure Review (PER) for Myanmar tries to better...
This report provides a review of fiscal decentralization policies in Vietnam and their impact on the Government’s development objectives. It aims to inform reform of central-local fiscal relations in Vietnam...
The Myanmar Economic Monitor (MEM) aims to periodically take stock of economic development and highlight economic prospects and policy priorities in Myanmar. Myanmar grew at an estimated 8.5 percent in...
This report provides a review of fiscal decentralization policies in Vietnam and their impact on the Government’s development objectives. It aims to inform reform of central-local fiscal relations in Vietnam...
The global economy is showing signs of recovery, but at an uneven pace; global growth is expected to rise modestly to 2.6 percent in 2014, and an average 3.3 percent in 2015–17. The gradual strengthening...