The Republic of Congo is the third–largest crude oil producer in Sub–Saharan Africa after Nigeria and Angola and is heavily dependent on oil production and oil exports. With a population of 5.5 million...
The Republic of Congo is the third–largest crude oil producer in Sub–Saharan Africa after Nigeria and Angola and is heavily dependent on oil production and oil exports. With a population of 5.5 million...
Economic growth recovered slightly in the Economic Community of Central African States (CEMAC) in 2019 while it slowed down in Sub-Saharan Africa (SSA). The country continues to post a fiscal surplus...
Economic conditions in Yemen remained relatively calm in February and internet connectivity was restored. Risks of monetary disruption continue, and indirect global crisis impacts through oil prices and...
Economic conditions in Yemen remained relatively calm in February and internet connectivity was restored. Risks of monetary disruption continue, and indirect global crisis impacts through oil prices and...
During 2019 Yemen's economy continued to suffer from protracted and spasmodic conflict. Early in the year, the economy was projected to grow at around 2 percent in 2019, underpinned by a gradual recovery...
Landlocked and mountainous, Tajikistan has a young—and mostly rural—population of about 8.7 million and GNI per capita of USD 1,100 in 2016, making it a lower middle-income country. In 2016, Tajikistan...
Growth in the Kyrgyz Republic slowed significantly in 2014, reflecting the deteriorating external environment and supply-side constraints. Economic growth fell to 3.6 percent in 2014 from 10.9 percent...
NULL
Bhutan and Botswana share a number of similarities. The two countries, land locked small states, have grown rapidly over the past few decades, boosted by sustained, large-scale inflows of foreign exchange...
This paper examines the theory of Dutch disease and its implications for practical policy questions. Dutch disease is a term that is well-known to economists and development practitioners. But it is also...
This paper analyzes Botswana's medium-term fiscal sustainability in view of the expected depletion of diamonds in the future. The analysis shows that in the absence of policy adjustments, Botswana's current...
This paper reviews the performance of the parastatal sector, with a specific focus on four main parastatals: the Zimbabwe Electricity Supply Authority (ZESA); the Zimbabwe Water Authority (ZINWA); the...
This paper reviews the performance of the parastatal sector, with a specific focus on four main parastatals: the Zimbabwe Electricity Supply Authority (ZESA); the Zimbabwe Water Authority (ZINWA); the...
This paper studies likely macroeconomic impacts and social consequences of devaluation of the Seychelles rupee. Analyzing potential welfare impacts of devaluation ex ante is crucial for policy making...
The primary objective of the capital controls was to close the off-shore ringgit market in Singapore, thereby helping reduce the short-term volatility in the exchange rates. However, another objective...