This paper studies the effects of the Central America–Dominican Republic Free Trade Agreement on trade among member countries. It uses the structural gravity model to estimate both the aggregate and heterogeneous...
Type: Policy Research Working PaperReport#: WPS10951Date: October 16, 2024Author:
Sebastian Franco Bedoya ;
Woori Lee
Global goods trade values rose in the four months from April to July from the same period of last year, as volumes tracked record 2022 levels, fuel prices stabilized, and exports grew across most regions....
Type: NewsletterReport#: 194142Date: October 16, 2024Author:
Ileana Cristina Constantinescu ;
Ashimi, Ricardo ;
Phil Levy ;
Daria Ulybina ;
Chris L Wellisz ;
Paulo Bastos ;
Sebastien C. Dessus ;
Daria Taglioni
Ukraine’s situation remains challenging, even though the economy continues to prove resilient and has narrowed the output gap. Reforms and close coordination with international partners have mitigated...
Type: BriefReport#: 194003Date: October 16, 2024Author:
World Bank
The growth of the Serbian economy accelerated in the first half of 2024 leading to an increase in projected gross domestic product (GDP) growth for the year as a whole to 3.8 percent. The incidence of...
Type: BriefReport#: 194000Date: October 16, 2024Author:
World Bank
Croatia’s economic activity continued to expand in the first half of 2024, mainly driven by strong domestic demand. The medium-term outlook is relatively favorable, as the external environment is expected...
Type: BriefReport#: 194005Date: October 16, 2024Author:
World Bank
This paper provides an overview of the data sources and aggregation methodology for the Worldwide Governance Indicators (WGI). The WGI report six aggregate governance indicators measuring Voice and Accountability,...
Type: Policy Research Working PaperReport#: WPS10952Date: October 16, 2024Author:
Kaufmann,Daniel ;
Aart C. Kraay
The creation of more and better jobs has been a key driver of poverty and inequality reduction.
However, while estimates on the number of jobs are available for most countries,
comprehensive measures of...
Romania’s economy grew by 1.5 percent in the first half of 2024, driven by European Union (EU) funds-led investment and resilient private consumption amid elections. Softer growth in 2024 reflects poor...
Type: BriefReport#: 193998Date: October 16, 2024Author:
World Bank
The growth of the Serbian economy accelerated in the first half of 2024 leading to an increase in projected gross domestic product (GDP) growth for the year as a whole to 3.8 percent. The incidence of...
Type: BriefReport#: 194000Date: October 16, 2024Author:
World Bank
In the first half of 2024, Tajikistan’s gross domestic product (GDP) grew by 8.2 percent due to strong remittance inflows and investments. Growth is projected to exceed 7 percent in 2024 and to slow over...
Type: BriefReport#: 194001Date: October 16, 2024Author:
World Bank
Macroeconomic normalization is delivering results: disinflation has begun; growth is rebalancing; current account dynamics have improved; FX reserves are rebuilding; financial markets have stabilized;...
Type: BriefReport#: 194152Date: October 16, 2024Author:
World Bank
The Global Compact on Refugeesand the High-Level Panel on Internally Displaced People are among recent major initiatives that have underscored the importance of data in contexts of forced displacement....
In the first half of 2024, Tajikistan’s gross domestic product (GDP) grew by 8.2 percent due to strong remittance inflows and investments. Growth is projected to exceed 7 percent in 2024 and to slow over...
Type: BriefReport#: 194001Date: October 16, 2024Author:
World Bank
Moldova’s economy is recovering despite ongoing spillovers from Russia’s invasion of Ukraine. Essential structural reforms and further integration with the European Union (EU) is needed to address persistent...
Type: BriefReport#: 193994Date: October 15, 2024Author:
World Bank
Real growth remained constrained in H1 2024 amidst lingering inflationary pressures, weak external demand, and delayed highway construction. Fiscal consolidation targets are likely to be missed for 2024...
Type: BriefReport#: 193996Date: October 15, 2024Author:
World Bank
Using Business Pulse Survey data for 61 countries during the COVID-19 pandemic, this paper presents novel findings on remote work, enabled by digitalization, as a source of resilience for firms. The results...
Type: Policy Research Working PaperReport#: WPS10949Date: October 15, 2024Author:
Ileana Cristina Constantinescu ;
Arti Grover ;
Gaurav Nayyar
Poland’s real 2024 gross domestic product (GDP) growth is forecasted to exceed expectations due to a stronger rebound in private and public consumption on the back of slowing inflation and high wage growth....
Type: BriefReport#: 193997Date: October 15, 2024Author:
World Bank
Improved creditor processes have helped streamline sovereign debt restructurings and shorten timelines in the past 12 months. Further progress is needed to make the resolution of the cases of unsustainable...
Type: ReportReport#: 194245Date: October 15, 2024Author:
World Bank
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