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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
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
The COVID-19 (Coronavirus) pandemic has triggered a deep global economic recession. The COVID-19 (Coronavirus) shock is the most adverse peacetime shock to the global economy in a century. The Russian Federation possesses a high-quality education system that is recognized internationally....
Persistent link: https://www.econbiz.de/10012647393
When the global COVID-19 (Coronavirus) pandemic emerged in early 2020, Liberia was already facing a challenging domestic and external environment. Weak consumption and declining output had caused the Liberian economy to contract by an estimated 2.3 percent in 2019. Meanwhile, the inflation rate...
Persistent link: https://www.econbiz.de/10012647405
analysis suggest a muted contribution of firms' upgrading capability (innovation, managerial), poor allocative efficiency, and …
Persistent link: https://www.econbiz.de/10012603577
The Government of the Dominican Republic (DR) adopted a series of economic and social measures to protect households and businesses and prevent employment losses as a response to the Coronavirus disease SARS-CoV-2 (COVID-19) health and economic crisis. Social protection policies and programs...
Persistent link: https://www.econbiz.de/10012603643
Persistent link: https://www.econbiz.de/10012603707
This report focuses on the impact of Coronavirus (COVID-19) outbreak in Croatia as of December 2020. The data was collected through the rapid response household surveys Survey representing Croatian households
Persistent link: https://www.econbiz.de/10012603708
On July 1, 2020, Mauritius officially joined the ranks of High-Income Countries (HIC). It is a cruel historical irony that Mauritius reached the High-Income milestone during one of the worst years in its history. Mauritius delivered a highly successful health response to the global Covid-19...
Persistent link: https://www.econbiz.de/10012544679