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flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit … transition period. The major effect of the Brexit vote is the withdrawal of the UK from the EU project of deep economic …The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment …
Persistent link: https://www.econbiz.de/10012644361
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has...
Persistent link: https://www.econbiz.de/10012647400
This report presents an analysis conducted by the World Bank to assess macro-fiscal impacts of earthquakes and floods in European Union (EU) Member States (MS), analyze the financial instruments in place to manage this risk and identify any associated funding gaps. The analysis is underpinned by...
Persistent link: https://www.econbiz.de/10012603726
Lebanon is hit by yet another crisis: the spillover effects of the conflict in the Middle East. While the country remains mired in political and institutional vacuum, and a crippling socioeconomic crisis for over four years, it has now been hit by another large shock: fear that the current...
Persistent link: https://www.econbiz.de/10014454372
Growth in Emerging East Asia accelerated to reach 8.1 percent in 2006. This was the strongest pace of economic expansion in the last ten years and a fitting commemoration of the decade that has passed since the start of the Asian financial crisis in 1997. The region's accomplishments in...
Persistent link: https://www.econbiz.de/10012647000
The COVID-19 pandemic has turned the world economy upside down. As recently as January 2020, analysts and various institutions projected that, this year, the global economy would haverecovered from the lowest growth since post-global financial crisis. But instead, developed and developing...
Persistent link: https://www.econbiz.de/10012647396
The objective of this report is to provide an update to the Government of Cabo Verde, think-tanks and researchers, and the public on the state of the Cabo Verde economy and its outlook, together with the structural reforms required to strengthen the foundations for private sector-led recovery...
Persistent link: https://www.econbiz.de/10012700731
The war in Ukraine and rising commodity prices have exacerbated the vulnerabilities of the Tunisian economy in the first months of 2022. The impact of the war began to be felt as the trade deficit widened by 56 percent in the first six months of 2022 reaching 8.1 percent of GDP. Lower oil and...
Persistent link: https://www.econbiz.de/10013415273
After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are...
Persistent link: https://www.econbiz.de/10012644277
The COVID-19 (coronavirus) global pandemic will have a large negative impact on the Kenyan economy. Even before being affected by the novel coronavirus, Kenya's economy had decelerated. The World Bank estimates that GDP growth in 2019 was about 5.6 percent, down from 6.3 percent in 2018. The...
Persistent link: https://www.econbiz.de/10012647069