This brief presents an overview of Ukraine's economy before and during the first ten months of the Russo-Ukraine war, as well as some preliminary considerations for the post-war economy. Although Ukraine's economic growth trailed many of its peers in the years leading up the invasion, the...

This study analyses the performance of macroeconomic policy in South Africa in 2007- 2020 and outlines challenges for policy in the coming decade. After remarkable economic growth in 1997-07, South Africa's progress slowed dramatically in 2009 with the global financial crisis. Real GDP growth...

This paper investigates the causal impact of a Covid-19 lockdown policy on the Comoros's household welfare, poverty, and labor market outcomes. The identification strategy uses the national government lockdown policy implemented to curtail the unexpected outbreak of Covid-19. The lockdown policy...

Turkey's economic performance has been a tale of two economies, overall high growth, matched by a deterioration in macro-financial conditions. Good progress in vaccination rollouts allowed Turkey to reopen gradually in 2021 despite a continued rise in Coronavirus (COVID-19) cases. Real economic...

South Sudan faced significant headwinds in FY2020/21, with the pandemic, floods, and violence flareups affecting economic activities. Consequently, the economy is estimated to have contracted by 5.4 percent in FY2020/21. Oil production declined by 5.9 percent as floods affected production and...

Nepal is rich in water resources with a dense network of glaciers, lakes, rivers, and springs that originate in the Himalayas. However, only an estimated 15 billion cubic meters (BCM) of the 225 BCM water available annually is utilized for economic and social purposes. Several elements have...

Reflecting a strong global economic rebound, Papua New Guinea (PNG) reversed its downward economic growth trajectory in 2021. The World Bank estimates that the PNG economy contracted by 3.5 percent in 2020 before returning to positive economic growth of 1 percent in 2021. Domestic agricultural...