Amid a sluggish external environment, robust domestic demand supported economic activity in Q1 2023 despite high inflation and rising interest rates. The healthy labor market, adequate liquidity, and increased...
Merchandise exports posted its largest contraction in February 2023 since May 2020 amid continued weakness in external demand, which weighed on the growth of manufacturing activity. Headline inflation...
Headline inflation inched down marginally, although food prices remain persistently high, while core inflation continued to accelerate. Merchandise exports declined in January, amid a weak, yet improving...
Headline inflation rose to a new 14-year high in December, driven by higher food prices. Core inflation continued to rise, underscoring existing price pressures and the release of pent-up demand. Despite...
The economy registered better-than-expected performance, as GDP grew by 7.6 percent year-on-year in Q3 2022 (6.1 percent consensus forecast) fueled by strong domestic demand despite high inflation and...
Headline inflation accelerated in September driven by higher food and energy prices. In addition, core inflation remained elevated, indicating continuing price pressures and strong domestic demand. Robust...
Headline inflation marginally eased in August following five consecutive months of increases. However, core inflation rose further, which is indicative of underlying price pressure and strong domestic...
The Philippine economy expanded by 7.4 percent in the second quarter of 2022, anchored on robust domestic activity. The strong domestic environment stood in contrast with the weak external conditions which...
After a strong start in early 2022, the largest COVID-19 wave in two years and resulting mobility restrictions have disrupted China’s growth normalization. The global environment has also significantly...
2022年初中国经济稳健开局,但此后两年来规模最大的新冠疫情以及相应管控扰乱了经济增长的正常化进程。俄罗斯入侵乌克兰后全球经济环境随之恶化。预计2022年实际GDP增速将大幅放缓至4.3%。在国内国外多重阻力下,中国的政策制定者应当谨慎调整其政策。短期内,中国面临着平衡兼顾疫情控制与经济增长的双重挑战。中期而言,需要付诸更多的努力以避免回到借债投资促进增长的老路上。采取果断行动提高消费在经济增长中的作用,解决社会不平等问题,重振创新和提高生产率,将有助于中国走上更加平衡、包容和可持续的增长道路。
The Thailand Economic Monitor (TEM) reports on key developments in Thailand’s economy over the past six months, situates these changes in the context of global trends and Thailand’s longer-term economic...
The Thailand Economic Monitor consists of two parts. Part 1 reviews recent economic developments, examines the country's macroeconomic outlook, and analyzes the impact of key policy changes. Part 2 focuses...
The fifth edition of the Development Digest begins with an article on why it’s important to look beyond averages when it comes to the country’s development, followed by a look at the region’s success in...
This paper presents the main findings of the 2017 survey on national development banks that the World Bank conducted in collaboration with the World Federation of Development Financing Institutions. Sixty-four...
About a dozen countries in Latin America have enacted reforms that include elements being contemplated elsewhere, including the partial privatization of social security. It is not easy to draw universal...