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- enabled Turkey to recover from its shock of 2016, with growth accelerating to 7.4 percent in 2017. The outcome of supply … orderly adjustment is important for productivity and potential output. Turkey has been prone to large economic swings in the …
Persistent link: https://www.econbiz.de/10012645346
Mid-2018 was a period of intense market volatility and rising economic stress in Turkey that was precipitated by … sharp slowdown in capital flows to Turkey in 2018 Q2-Q3. Though this did not technically amount to a sudden stop, Turkey was … current account deficit, high inflation, overheating economy) and perceived policy weaknesses. Market volatility in Turkey has …
Persistent link: https://www.econbiz.de/10012645843
conditions. Even so, foreign exchange reserves have gotten eroded over the past two years, exposing Turkey to external market … losses and falling real wages. Turkey's economy lost around 840 thousand jobs from May 2018 to May 2019, amounting to 2 …
Persistent link: https://www.econbiz.de/10012646643
Despite an initial surge in COVID-19 cases, cross country data suggests that Turkey containedrelatively quickly the … this fragile trend. Turkey's pandemic response may offer some lessons, notwithstanding country specific conditions. Turkey … economic recovery in Turkey. By the second half of 2019, the economy started to gradually recover from the shock of the mid …
Persistent link: https://www.econbiz.de/10012647432
An effective and equitable social protection system can help Kosovo to promote human capital, foster productivity, and reduce poverty. Since its independence in 2008, the country has made considerable socioeconomic progress, benefiting from the support of the international community and its own...
Persistent link: https://www.econbiz.de/10013209193
The Yugo, a communist-era car from the former Yugoslavia, was widely ridiculed for shedding its parts on roads across Europe and the United States. Zastava, which made Yugo, fared even worse than its product. After the Balkan conflicts of the 1990s, the factory was reduced to producing only...
Persistent link: https://www.econbiz.de/10012644976
Croatia, a founding member of the former Republic of Yugoslavia and a current member of the European Union (EU), is a high-income country in Europe and Central Asia. Given that high quality financial reporting promotes good corporate governance, reduces uncertainty and risk, can help to lower...
Persistent link: https://www.econbiz.de/10012645512
The European Commission's Directorate General for Neighborhood and Enlargement Negotiations approached the World Bank to develop an evidence base and to deliver policy advice and technical assistance for supporting the effective reintegration of (Roma) returnees in the Western Balkans: Albania,...
Persistent link: https://www.econbiz.de/10012646249
Improving the efficiency and equity of public spending and strengthening revenue mobilization remains a priority in all Western Balkan countries. Public sector wage bills and pensions constitute the largest share of public spending in the region. Tighter controls on wage bills, reducing tax...
Persistent link: https://www.econbiz.de/10012646554
Ambient air pollution (AAP) is a serious global health problem that accounts for an estimated 4.2 million premature deaths worldwide per year. People in Eastern Europe and the Western Balkans are frequently exposed to air pollution levels above those considered safe, particularly in the winter....
Persistent link: https://www.econbiz.de/10012647019