Macroeconomic Developments And Prospects In Low Income Countries 2021

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Macroeconomic Developments and Prospects In Low-Income Countries—2021

International Monetary,International Monetary Fund. Strategy, Policy, & Review Department
Macroeconomic Developments and Prospects In Low Income Countries 2021 Book PDF

Author : International Monetary,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 48 pages
File Size : 50,6 Mb
Release : 2021-03-30
Category : Business & Economics
ISBN : 9781513575858

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Macroeconomic Developments and Prospects In Low-Income Countries—2021 by International Monetary,International Monetary Fund. Strategy, Policy, & Review Department Pdf

This paper is the sixth in a series that examines macroeconomic developments and prospects in low-income countries (LICs). LICs are defined in this report as the countries eligible to PRGT facilities (69 countries). The first section of the paper discusses recent macroeconomic developments and trends across LICs. The second section estimates LICs’ financing needs up to 2025 to resume and accelerate their income convergence with advanced economies (AEs). It does this by estimating the additional financing that would enable LICs to step up spending response to COVID, including vaccination needs, while rebuilding or keeping external buffers to enhance resilience, and then the paper considers the financing needed to allow LICs to accelerate convergence with AEs. The paper then discusses a mix of financing options, including concessional financing from the international financial institutions, grants and loans from bilateral donors, private financing and debt operations, but also domestic reforms within LICs themselves as a key component to foster growth, enhance private investment, raise public revenues, and increase efficiency of spending.

Macroeconomic Developments and Prospects in Low-Income Countries - 2022

International Monetary,International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund. Strategy, Policy, & Review Department
Macroeconomic Developments and Prospects in Low Income Countries 2022 Book PDF

Author : International Monetary,International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 78 pages
File Size : 55,7 Mb
Release : 2022-12-08
Category : Business & Economics
ISBN : 9798400227813

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Macroeconomic Developments and Prospects in Low-Income Countries - 2022 by International Monetary,International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund. Strategy, Policy, & Review Department Pdf

Russia’s war in Ukraine and the related fallout have created a challenging external environment for the post-pandemic recovery of low-income countries (LICs). Food and commodity prices linger at elevated level with worsening food security. Global financial conditions tighten as major economies are fighting against inflation. The delay in LICs’ income per capita convergence to that of advanced economies (AEs) is expected to last into the medium term.

Macroeconomic Developments and Prospects For Low-Income Countries—2024

International Monetary Fund,World Bank
Macroeconomic Developments and Prospects For Low Income Countries 2024 Book PDF

Author : International Monetary Fund,World Bank
Publisher : International Monetary Fund
Page : 108 pages
File Size : 42,6 Mb
Release : 2024-04-02
Category : Business & Economics
ISBN : 9798400272400

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Macroeconomic Developments and Prospects For Low-Income Countries—2024 by International Monetary Fund,World Bank Pdf

The outlook for Low-Income Countries (LICs) is gradually improving, but they face persistent macroeconomic vulnerabilities, including liquidity challenges due to high debt service. There is significant heterogeneity among LICs: the poorest and most fragile countries have faced deep scarring from the pandemic, while those with diversified economies and Frontier Markets are faring better. Achieving inclusive growth and building resilience are essential for LICs to converge with more advanced economies and meet the Sustainable Development Goals (SDGs). Building resilience will also be critical in the context of a more shock-prone world. This requires both decisive domestic actions, including expanding and better targeting Social Safety Nets (SSNs), and substantial external support, including adequate financing, policy advice, capacity development and, where needed, debt relief. The Fund is further stepping up its support through targeted policy advice, capacity building, and financing.

Macroeconomic Developments and Prospects in Low-Income Developing Countries

International Monetary Fund. Strategy, Policy, & Review Department
Macroeconomic Developments and Prospects in Low Income Developing Countries Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 76 pages
File Size : 48,6 Mb
Release : 2018-03-22
Category : Business & Economics
ISBN : 9781498307994

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Macroeconomic Developments and Prospects in Low-Income Developing Countries by International Monetary Fund. Strategy, Policy, & Review Department Pdf

"This paper is the fourth in a series that examines macroeconomic developments and prospects in Low Income Developing Countries (LIDCs). LIDCs are Fund member countries where gross national income (GNI) per capita lies below a threshold level and where external financial linkages and socioeconomic indicators have not lifted them into emerging market status. There are 59 countries in the LIDC grouping, accounting for about one-fifth of the world’s population and 4 percent of global output. The paper examines macroeconomic trends across LIDCs in recent years, contrasting key features of the current situation with the period prior to the 2014 decline in commodity prices. Particular attention is given to the evolution of fiscal positions and public debt levels, including detailed analysis of the drivers of debt accumulation and the current severity of debt vulnerabilities. The analysis is grounded in, and draws on, the analysis and databases used to compile the World Economic Outlook: this report drills down into the WEO database to look in detail at the experience of LIDCs."

Macroeconomic Research in Low-income Countries

Hites Ahir,Hendre Garbers,Mattia Coppo,Mr.Giovanni Melina,Mr.Futoshi Narita,Ms.Filiz D Unsal,Vivian Malta,Xin Tang,Daniel Gurara,Luis-Felipe Zanna,Linda G. Venable,Mr.Kangni R Kpodar,Mr.Chris Papageorgiou
Macroeconomic Research in Low income Countries Book PDF

Author : Hites Ahir,Hendre Garbers,Mattia Coppo,Mr.Giovanni Melina,Mr.Futoshi Narita,Ms.Filiz D Unsal,Vivian Malta,Xin Tang,Daniel Gurara,Luis-Felipe Zanna,Linda G. Venable,Mr.Kangni R Kpodar,Mr.Chris Papageorgiou
Publisher : International Monetary Fund
Page : 76 pages
File Size : 54,6 Mb
Release : 2021-03-24
Category : Business & Economics
ISBN : 9781513566603

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Macroeconomic Research in Low-income Countries by Hites Ahir,Hendre Garbers,Mattia Coppo,Mr.Giovanni Melina,Mr.Futoshi Narita,Ms.Filiz D Unsal,Vivian Malta,Xin Tang,Daniel Gurara,Luis-Felipe Zanna,Linda G. Venable,Mr.Kangni R Kpodar,Mr.Chris Papageorgiou Pdf

Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP growth during the 2008 global financial crisis, LICs on average saw 4.5 percent of real GDP growth during 2000 to 2014, making progress in economic convergence toward higher-income countries. However, the commodity price collapse in 2014–15 hit many commodity-exporting LICs and highlighted their vulnerabilities due to the limited extent of economic diversification. Furthermore, LICs are currently facing a crisis like no other—COVID-19, which requires careful policymaking to save lives and livelihoods in LICs, informed by policy debate and thoughtful research tailored to the COVID-19 situation. There are also other challenges beyond COVID-19, such as climate change, high levels of public debt burdens, and persistent structural issues.

Global Economic Prospects, June 2021

World Bank
Global Economic Prospects June 2021 Book PDF

Author : World Bank
Publisher : World Bank Publications
Page : 339 pages
File Size : 52,9 Mb
Release : 2021-08-03
Category : Business & Economics
ISBN : 9781464816666

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Global Economic Prospects, June 2021 by World Bank Pdf

The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Macroeconomic Developments and Prospects in Low-Income Developing Countries—2019

International Monetary Fund
Macroeconomic Developments and Prospects in Low Income Developing Countries 2019 Book PDF

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 72 pages
File Size : 47,6 Mb
Release : 2019-12-13
Category : Business & Economics
ISBN : 9781513522746

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Macroeconomic Developments and Prospects in Low-Income Developing Countries—2019 by International Monetary Fund Pdf

This paper is the fifth in a series that examines macroeconomic developments and prospects in low-income developing countries (LIDCs). LIDCs are a group of 59 IMF member countries primarily defined by income per capita below a threshold level. LIDCs contain one fifth of the world’s population—1.5 billion people—but account for only 4 percent of global output. The first chapter of the paper discusses recent macroeconomic developments and trends across LIDCs and, using growth decompositions, explores the key drivers of growth performance in LIDCs. A second chapter examines the challenges faced by LIDCs in implementing a value-added tax system, generally seen as a key component of a strong national tax system. The third chapter discusses how financial safety nets can be appropriately tailored to the specific needs of LIDCs, recognizing that an effective safety net is important for ensuring financial stability and underpinning public confidence in the financial system, thereby promoting financial intermediation.

International Monetary Fund Annual Report 2021

International Monetary Fund. Secretary's Department
International Monetary Fund Annual Report 2021 Book PDF

Author : International Monetary Fund. Secretary's Department
Publisher : International Monetary Fund
Page : 74 pages
File Size : 54,6 Mb
Release : 2021-10-04
Category : Business & Economics
ISBN : 9781513568812

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International Monetary Fund Annual Report 2021 by International Monetary Fund. Secretary's Department Pdf

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabilities, country prospects are diverging. Nearly half of emerging market and developing economies and some middle-income countries are now at risk of falling further behind, undoing much of the progress made toward achieving the UN Sustainable Development Goals.

World Economic Situation and Prospects 2020

United Nations
World Economic Situation and Prospects 2020 Book PDF

Author : United Nations
Publisher : United Nations
Page : 236 pages
File Size : 47,7 Mb
Release : 2020-01-16
Category : Business & Economics
ISBN : 9789213583296

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World Economic Situation and Prospects 2020 by United Nations Pdf

This is the United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2020 and 2021. Produced by the Department of Economic and Social Affairs, the five United Nations regional commissions, the United Nations Conference on Trade and Development, with contributions from the UN World Tourism Organization and other intergovernmental agencies.

Global Economic Prospects, January 2021

World Bank Group
Global Economic Prospects January 2021 Book PDF

Author : World Bank Group
Publisher : World Bank Publications
Page : 412 pages
File Size : 48,8 Mb
Release : 2021-03-23
Category : Business & Economics
ISBN : 9781464816130

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Global Economic Prospects, January 2021 by World Bank Group Pdf

Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to rapidly rising debt. The pandemic has further diminished already-weak growth prospects for the next decade. Decisive policy actions will be critical in raising the likelihood of better growth outcomes while warding off worse ones. Immediate priorities include supporting vulnerable groups and ensuring a prompt and widespread vaccination process to bring the pandemic under control. Although macroeconomic policy support will continue to be important, limited fiscal policy space amid high debt highlights the need for an ambitious reform agenda that bolsters growth prospects. To address many of these challenges, global cooperation will be key. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

World Economic Outlook, October 2020

International Monetary Fund. Research Dept.
World Economic Outlook October 2020 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 203 pages
File Size : 43,7 Mb
Release : 2020-10-13
Category : Business & Economics
ISBN : 1513556053

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World Economic Outlook, October 2020 by International Monetary Fund. Research Dept. Pdf

The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.

At Your Service?

Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies
At Your Service Book PDF

Author : Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies
Publisher : World Bank Publications
Page : 364 pages
File Size : 54,6 Mb
Release : 2021-10-18
Category : Business & Economics
ISBN : 9781464817106

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At Your Service? by Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies Pdf

Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Macroeconomic Developments and Prospects in Low-Income Developing Countries - 2015

International Monetary Fund. Strategy, Policy, & Review Department
Macroeconomic Developments and Prospects in Low Income Developing Countries 2015 Book PDF

Author : International Monetary Fund. Strategy, Policy, & Review Department
Publisher : International Monetary Fund
Page : 57 pages
File Size : 44,7 Mb
Release : 2015-11-19
Category : Business & Economics
ISBN : 9781498343978

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Macroeconomic Developments and Prospects in Low-Income Developing Countries - 2015 by International Monetary Fund. Strategy, Policy, & Review Department Pdf

This paper examines macroeconomic developments and prospects in low-income developing countries (LIDCs) against the back-drop of a sharp fall in international commodity prices. The focus here—by contrast with IMF (2014a)—is on recent developments and the near-term outlook, recognizing that the new price environment is likely to remain in place for several years to come. The paper also includes a section examining the experience of LIDCs with capital inflows over the past decade.

Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries

Daniel Gurara,Mr.Vladimir Klyuev,MissNkunde Mwase,Andrea Presbitero,Xin Cindy Xu,Mr.Geoffrey J Bannister
Trends and Challenges in Infrastructure Investment in Low Income Developing Countries Book PDF

Author : Daniel Gurara,Mr.Vladimir Klyuev,MissNkunde Mwase,Andrea Presbitero,Xin Cindy Xu,Mr.Geoffrey J Bannister
Publisher : International Monetary Fund
Page : 31 pages
File Size : 50,7 Mb
Release : 2017-11-07
Category : Business & Economics
ISBN : 9781484324837

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Trends and Challenges in Infrastructure Investment in Low-Income Developing Countries by Daniel Gurara,Mr.Vladimir Klyuev,MissNkunde Mwase,Andrea Presbitero,Xin Cindy Xu,Mr.Geoffrey J Bannister Pdf

This paper examines trends in infrastructure investment and its financing in low-income developing countries (LIDCs). Following an acceleration of public investment over the last 15 years, the stock of infrastructure assets increased in LIDCs, even though large gaps remain compared to emerging markets. Infrastructure in LIDCs is largely provided by the public sector; private participation is mostly channeled through Public-Private Partnerships. Grants and concessional loans are an essential source of infrastructure funding in LIDCs, while the complementary role of bank lending is still limited to a few countries. Bridging infrastructure gaps would require a broad set of actions to improve the efficiency of public spending, mobilize domestic resources and support from development partners, and crowd in the private sector.

The Global Findex Database 2017

Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
The Global Findex Database 2017 Book PDF

Author : Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
Publisher : World Bank Publications
Page : 148 pages
File Size : 54,5 Mb
Release : 2018-04-19
Category : Business & Economics
ISBN : 9781464812682

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The Global Findex Database 2017 by Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar Pdf

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.