Entre 2002 y 2013, Perú logró un notable éxito económico a través de reformas estructurales y políticas macroeconómicas prudentes, que prácticamente duplicaron el promedio regional con una tasa de crecimiento...
Growth prospects for South Asia have dimmed. The global economic environment has become more challenging and is a source of heightened downside risks. After a decade of repeated disruptions, South Asia’s...
Dans un contexte d'incertitude économique mondiale et d'espace fiscal limité dans la région, l'activité économique de l'Afrique subsaharienne montre une certaine résilience, avec une croissance projetée...
La région du Moyen-Orient et de l'Afrique du Nord (MENA) aurait connu une croissance modeste de 1,9 % en 2024, dans un contexte d'incertitude mondiale accrue, notamment en matière de politique commerciale...
The Middle East and North Africa (MENA) region is estimated to have grown at a modest rate of 1.9 percent in 2024, against a backdrop of increased global uncertainty, particularly in trade policy. The...
Tanzania has managed a steadily robust growth path amid multiple external shocks, with low and stable inflation by regional standards. While poverty reduction has progressed slowly, the government increased...
The Country Opinion Survey in Ghana assists the World Bank Group (WBG) in better understanding how stakeholders in Ghana perceive the WBG. It provides the WBG with systematic feedback from national and...
This paper studies the effect of Russia’s invasion of Ukraine on the performance of firms in Central Asia. It uses unique data from the Business Pulse Survey run by the World Bank in the Kyrgyz Republic...
Global commodity prices fell 14 percent in the first quarter of 2023, and by the end of March, they were roughly 30 percent below their June 2022 peak. The unwinding of prices reflects a combination of...
From an economic point of view, the last decade was largely a lost one for Ukraine. Total economic output stagnated between 2010 and 2019, and GDP per capita increased only on behalf of a shrinking population...
This policy brief presents the main findings of the report “Economic Shocks and Human Trafficking Risks. The report focuses on risk factors that are expected to increase the vulnerability to human trafficking...
继2021年上半年中国经济活动强劲反弹后,下半年经济活动迅速放缓。放缓一部分是由财政紧缩及金融和房地产业监管收紧的相关政策所引发;另一方面,疫情的反复爆发使得接触型服务业活动难以完全正常化。上述因素导致投资急剧放缓,居民消费复苏乏力。尽管在稳健外需的推动下出口表现超出预期,但只能部分抵消投资放缓和消费疲软的影响。除此之外,由于2021年上半年碳排放激增,下半年多地为达到减排目标而限产,加上电力短缺的影响,经济活动因而受到拖累。
The prices of 27 internationally traded commodities are decomposed into transitory and permanent shocks by applying an ideal band-pass filter to monthly data from 1970–2020. The two types of shocks contributed...
This paper explores how different investment frictions affect the patterns of responses of labor markets to tariff cuts. To investigate these patterns, this paper formulates a multi-sector dynamic model...
This paper presents empirical evidence on the cyclicality of investments made by the International Finance Corporation over the past 20 years and explores their implications for the International Finance...
Over the period 2019–21, Albania had to confront dual shocks: the 2019 earthquake and the COVID-19 pandemic. Both had sizable impacts on the country’s economy. The COVID-19 pandemic took a heavy toll on...
This paper uses municipal-level data from South Africa for the period 1996–2011 to estimate the medium to long-run effects of trade liberalization on local labor markets. It finds that local labor markets...
This paper examines the welfare effects of international trade on workers in a new dynamic general equilibrium discrete choice model of labor mobility, where the workers’ choice set of jobs is endogenous...