Economic growth; structural reforms; potential output; productivity; multivariate filter; dynamic stochastic general equilibrium models; fiscal policy; Morocco
Total Factor Productivity; Economic Growth; Capital Stock, Land Rents; Growth Decomposition; Urban Economics; Population Density; Diminishing Returns to Scale; Technological Progress; Singapore
This paper finds the green trade pattern of Asian economies is increasing in terms of its export share within the region and in global trade. However, the green imports share showed faster growth than the exports share.
This publication outlines why post-disaster needs assessments (PDNA) should provide comprehensive details of the economic and social impacts of disasters on countries to swiftly mobilize resources and support resilient recovery.
Using the three rounds of the Bangladesh Integrated Household Surveys, this study attempts to quantify the welfare effects of solar adoption.
Articles in this issue address topics that include the economics of investing in COVID-19 vaccines, and the impacts of finance and of population aging on Asia’s economic growth.
This brief recommends reforms to increase potential GDP growth. These include improving the allocation of capital and credit in the economy, increasing the quality of education, and introducing policy measures to mitigate the adverse impact of demographic aging on the labor force and to lift total factor productivity.
This paper looks at the potential for a silver dividend for economic growth in aging societies as people live and work longer. It examines data from both high- and lower-income economies.
Economic growth; autocracy; democracy
The present report provides information on the region’s progress in each of the 17 SDGs and their 169 target and related indicators, and highlights where the region now stands in relation to 2030, with a 2015 baseline. It stresses the importance of data availability and its impact on planning processes. It also presents key messages under each Goal.
This overview examines the economic performance of economies of the Caribbean in 2021 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, and a subregional assessment of the countries of the Eastern Caribbean Currency Union.
The current economic and social challenges in Latin America and the Caribbean have highlighted both the region’s structural problems and the urgent need to find new drivers of economic growth. The old approaches to economic development will not enable Latin America and the Caribbean to overcome the present-day economic, health and climate crises. Governments must set bold goals and work with willing private sector partners to promote a truly sustainable and inclusive economy. By advancing mission-oriented industrial policies, countries can stimulate cooperation, diversify production, increase productivity and direct economic growth that is both sustainable and inclusive. There is a unique opportunity to shape economic development that maximizes public benefits through mission-driven innovation, better use of available tools, smart public-private partnerships and purpose-driven institutions, underpinned by a strong public service, results-based evaluation, inclusive stakeholder engagement and a commitment to a renewed social contract. The mission-driven industrial strategy is about imbuing governments and economies of the region with a new sense of purpose and ensuring that everyone in society benefits from the structural changes ahead.
This paper estimates how eliminating gender inequality at work and at home in Mongolia would boost the country’s economic growth and sets out policy recommendations.
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Economic growth; structural reforms; potential output; productivity; multivariate filter; dynamic stochastic general equilibrium models; fiscal policy; Morocco