Short- and medium-term growth perspectives in Germany are bleak. This is putting the public budget under stress. A reform of the debt brake could increase public financial leeway, but would not in itself solve the fundamental economic problems. Even with a higher permissible level of government...

Embora as mortes e lesões no trânsito imponham grandes custos econômicos e sociais tanto para indivíduos quanto para países, os formuladores de políticas públicas muitas vezes desconhecem a extensão total desses custos ao tomar decisões sobre investimentos em infraestrutura, saúde e...

We examine growth strategies for the Pacific Island Countries (PICs) focusing on the role of tourism and diversification. First, we quantify the contribution of tourism to growth using panel regressions and we compute how much additional tourism would be needed for PICs to sustain comparators'...

While the Philippines has been one of the most dynamic economies in the East Asia and Pacific (EAP) region, with gross national income (GNI) per capita more than tripling, and poverty declining sharply from 33.5 percent in 2000 to 18.1 percent in 2021, it still faces a complex range of...