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entered the crisis in a stronger position than in previous years, but weaknesses remain. Vietnam's economy remains heavily …
Persistent link: https://www.econbiz.de/10012516477
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
GDP and employment), Croatia has been hit hard by the pandemic and two devastating earthquakes, leading the economy to …
Persistent link: https://www.econbiz.de/10012697802
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
The Gambia is experiencing a second wave of COVID-19 cases. The vaccination campaign started in early March 2021, but the pace is slow, due to vaccine availability and hesitancy. Presidential and parliamentary elections are planned for December 2021 and April 2022, respectively
Persistent link: https://www.econbiz.de/10012604053
Peru's very strong macroeconomic policies and institutional policy frameworks have helped anchor strong growth and stability over the past several years and navigate the challenges posed by the COVID-19 pandemic. The confluence of a sound inflation-targeting regime, flexible exchange rate,...
Persistent link: https://www.econbiz.de/10012604188
's economy and social fabric, with output contracting by 3.4 percent in 2020. The vaccine rollout is expected to help counter the …
Persistent link: https://www.econbiz.de/10012604312
longer-term challenges. The economy has been severely impacted by the pandemic, but a bold, comprehensive, and coordinated …
Persistent link: https://www.econbiz.de/10012604417
The Icelandic economy has been severely affected by the pandemic. Sharp tourism contraction and containment measures … challenging outlook with possibly deep medium-term scarring. Fiscal policy should continue to support the economy for now. Policy … stabilizers. Additional stimulus is planned in 2021 to address still large slack in the economy, mitigate scarring, and provide …
Persistent link: https://www.econbiz.de/10012604433
Georgia has emerged from its second lockdown that was imposed in November 2020 following a sharp increase in COVID-19 cases. Vaccinations commenced in March 2021 and the country is now entering a critical stage in overcoming the pandemic. The lockdowns drove a contraction of around 6.2 percent...
Persistent link: https://www.econbiz.de/10012517676