This paper discusses and illustrates the analytical foundations of international comparisons (or benchmarking) for assessing a country's potential for improvement along various dimensions of social and economic development. By providing a methodology for international benchmarking, discussing...

The goal of the present paper is to analyze changes in the compositional structures of Georgia's economy, explore the related qualitative transformations and explain implications for trade and development. By comparing the evidence of several European countries, we put Georgia's structural...

Cabo Verde's climate exposure, partly also because of its geography, is compounded by economic vulnerabilities. The country has experienced robust economic growth since the early 1990s and achieved a substantial reduction in poverty, but growth has been volatile and has slowed in recent years....

Kenya's macroeconomic environment improved in 2024, following a tighter macroeconomic policy framework. Still, GDP growth is decelerating as Kenya faced a multiplicity of challenges during the year. Broadening economic participation through women's economic empowerment is essential for easing...

Au cours des deux dernières décennies, l’économie de Djibouti a connu une croissance remarquable, atteignant le statut de pays à revenu intermédiaire de la tranche inférieure. Toutefois, ces résultats remarquables ont été obtenus malgré la persistance de contraintes structurelles,...

Ce Mémorandum économique du pays (CEM) contribue au programme de diversification dugouvernement dans la mesure où il définit et préconise des politiques et des réformes clés pour jeterles bases d'un « développement plus diversifié » au Congo en appui à une croissance économique...

Gross domestic product (GDP) growth moderated to 4.3 percent in Q2 2023 owing to a slowdown in domestic and external demand. Manufacturing and services continued to weaken in June, although leading indicators suggest a stronger expansion in July. External demand for goods exports softened in...

The economy expanded by 5.6 percent year-on-year in Q4 2023 as robust private consumption continued to fuel growth, while the recovery of tourism buoyed the expansion of services. The cumulative fiscal deficit declined in November 2023, while low external demand dampened goods exports, which...

The name Tanzania is a portmanteau of Tanganyika, the mainland, and Zanzibar, the nearby archipelago in the Indian Ocean. The two united to become the United Republic of Tanzania in 1964. With a surface area of 947,300 square kilometers, Tanzania is comparable in size to Nigeria and is slightly...

This paper studies the causes of the low development of the insurance sector in the Middle East and North African (MENA) region, particularly for long term insurance. The paper shows that life and non-life premiums, as well as assets, are very low relative to expected levels given per capita...