How the government of Maldives chooses to spend state revenues has consequences for the country’s future? Decisions on what, where, how, and how much governments spend on have a significant impact on a...
The Coronavirus (COVID-19) pandemic brought global tourism and travel to a standstill. Thus, although the health impact of the pandemic has been fairly contained in Maldives, its economic consequences...
Indonesians have become healthier in recent decades as confirmed by the progress on key health indicators. Despite these advancements, significant challenges remain in improving maternal health and nutrition...
Indonesia's development trajectory has been remarkable over the past 20 years, supported by macroeconomic stability and prudent fiscal management. The economy grew on average by 5.3 percent annually between...
Indonesia's development trajectory has been remarkable over the past 20 years, supported by macroeconomic stability and prudent fiscal management. The economy grew on average by 5.3 percent annually between...
Indonesia's development trajectory has been remarkable over the past 20 years, supported by macroeconomic stability and prudent fiscal management. The economy grew on average by 5.3 percent annually between...
Following three consecutive years of growth above 6 percent, the Maldivian economy kept momentum in 2019. Preliminary estimates indicate that real GDP decelerated slightly to 5.3 percent, from 6.9 percent...
By some measures, the Indonesian labor market has never looked better. Underpinned by sound macroeconomic policies, steady economic growth of about 5 percent per annum over the past decade was associated...
This paper focuses on the role of structural transformation in creating ‘good jobs’ that provide middleclass wages in Indonesia. Labor productivity growth results from improvements in productivity within...
Productivity-enhancing measures play a pivotal role in Malaysia’s aspirations of becoming a high-income economy. Malaysia has enjoyed an impressive growth performance over the past few decades, with growth...
In over 70 years since its independence, Indonesia has been transformed by urbanization, and within the next quarter of a century, its transition to an urban society will be almost complete. While urbanization...
Notes in this report present the nature of jobs in each sector (except the public sector), the challenges to improving these sectors, and recommended policies to develop sector-specific jobs strategies...
Real GDP growth picked up to 5.2 percent yoy in Q4 from 5.1 percent in Q3, driven by higher domestic demand, in particular stronger investment. Private consumption growth also strengthened marginally...
Real GDP growth picked up to 5.2 percent yoy in Q4 from 5.1 percent in Q3, driven by higher domestic demand, in particular stronger investment. Private consumption growth also strengthened marginally...
Growth moderated throughout 2015, affected by a slowdown in private consumption and weak export growth. The authorities have generally managed the downturn in commodity prices and the financial market...
Malaysia has in many ways become a success story in shared prosperity. Shared prosperity means that all households experience income growth, but growth is higher for those households at the bottom of the...
This issue of the East Asia and Pacific economic update is based on data available through September 29, inclusive. This report also includes a special section, focusing on two crucial medium-term issues...
This economic update provides an overview for 2013 and early 2014 in Malaysia and an analysis of structural trends in trade competitiveness. The economy overcame a weak start in 2013 to experience GDP...