Global Economic Prospects, June 2020

Global Economic Prospects, June 2020 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464815801
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. 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.

Global Economic Prospects, June 2020

Global Economic Prospects, June 2020 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464815801
Category : Business & Economics
Languages : en
Pages : 402

Get Book Here

Book Description
The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. 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.

Kyrgyzstan Investment and Business Guide Volume 1 Strategic and Practical Information

Kyrgyzstan Investment and Business Guide Volume 1 Strategic and Practical Information PDF Author: IBP USA
Publisher: Lulu.com
ISBN: 1438767978
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
Kyrgyzstan Investment and Business Guide - Strategic and Practical Information

Kyrgyzstan Investment and Business Guide Volume 1 Strategic and Practical Information

Kyrgyzstan Investment and Business Guide Volume 1 Strategic and Practical Information PDF Author: IBP, Inc.
Publisher: Lulu.com
ISBN: 1514530031
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
Kyrgyzstan Investment and Business Guide Volume 1 Strategic and Practical Information

Mining and Green Growth in the EECCA Region

Mining and Green Growth in the EECCA Region PDF Author: Oecd
Publisher:
ISBN: 9789264436442
Category :
Languages : en
Pages : 64

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Book Description
For most countries in the Eastern Europe, Caucasus and Central Asia (EECCA) region, mining is an important economic sector that contributes to employment and public revenue. Despite mining's potential to cause long-term negative environmental impacts, governments in the region have a vital role to play in supporting better environmental performance in the sector and ensuring the industry can be a progressive part of a greener economy. This report examines the environmental impacts of mining in the EECCA and provides policy makers with guidance to reconcile environmental and competitiveness objectives in the mining sector.

Globalizing Central Asia

Globalizing Central Asia PDF Author: Marlene Laruelle
Publisher: Routledge
ISBN: 1317469631
Category : Political Science
Languages : en
Pages : 414

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Book Description
In this global era, Central Asia must be understood in both geo-economic and geopolitical terms. The region's natural resources compel the attention of rivalrous great powers and ambitious internal factions. The local regimes are caught between the need for international collaborations to valorize these riches and the need to maintain control over them in the interest of state sovereignty. Russia and China dominate the horizon, with other global players close behind; meanwhile, neighboring countries are fractious and unstable with real potential for contagion. This pathbreaking introduction to Central Asia in contemporary international economic and political context answers the needs of both academic and professional audiences and is suitable for course adoption.

Global Values and International Trade Law

Global Values and International Trade Law PDF Author: Csongor István Nagy
Publisher: Routledge
ISBN: 1000480518
Category : Law
Languages : en
Pages : 195

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Book Description
Exploring the relationship and interaction between economic interests and normative non-trade values, this book argues that the emergence and development of non-trade values is based on a complex dialectic interaction between selfish economic interests and normative values, and examines how their structural interdependence has given rise to a remarkable evolution in international trade. Conceiving this relationship as an intricate dialectic one that is neither purely value-driven, nor purely economic-interest-driven, it addresses the emergence, function, and role of non-trade values in international trade with a synthetizing approach and explores the results of their interaction in international economic intercourse. Approaching the non-trade issues of trade in a holistic manner, the book demonstrates that trade can operate smoothly only if it is framed by an architecture of normative value standards and international trade liberalization has reached the level where further development calls for cooperation also in fields that, at first glance, may appear to be non-trade in nature.

Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth

Uzbekistan Quality Job Creation as a Cornerstone for Sustainable Economic Growth PDF Author: Kym Anderson
Publisher: Asian Development Bank
ISBN: 9292621955
Category : Law
Languages : en
Pages : 217

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Book Description
Uzbekistan has achieved sustained growth through its gradual transition to a market-based economy through cautious economic policy reforms. Despite its gradual approach to development challenges, the country experienced the smallest output decline among former Soviet economies and enjoyed high rates of economic growth from 2004 to 2015, largely driven by the high prices of its major export commodities. However, the drop in the global prices of many key commodities in recent years have severely impacted Uzbekistan's economy. Under these circumstances, the new government introduced major reforms. The pace of reform is unprecedented. The government has formulated its long-term economic strategy in its Vision 2030, which aims to double the country's gross domestic product by 2030 through a program of economic diversification. This book analyzes how Uzbekistan can boost sustainable economic growth to create more and better jobs. It considers how the country can consolidate achievements from recent policy reforms and maintain reform efforts to accelerate sustainable growth. Policy recommendations cover fostering macroeconomic stability, increasing investment in physical infrastructure, enhancing human capital, improving firms' access to finance, and lowering barriers to international trade and foreign investment inflows.

Introduction to Kyrgyzstan

Introduction to Kyrgyzstan PDF Author: Gilad James, PhD
Publisher: Gilad James Mystery School
ISBN: 9518409862
Category : Travel
Languages : en
Pages : 81

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Book Description
Kyrgyzstan, officially called the Kyrgyz Republic, is a small Central Asian country nestled between Kazakhstan to the north and China to the east. The mountainous terrain of the country is dominated by the Tien Shan mountain range, which stretches from China to Kazakhstan. The capital city of Kyrgyzstan is Bishkek, which is located in the north of the country. The country was part of the Soviet Union until its dissolution in 1991, after which it became an independent republic. Kyrgyzstan has a population of approximately 6 million people and is predominantly ethnic Kyrgyz, with a significant minority of Uzbeks and smaller communities of Russians, Ukrainians, and other Central Asian groups. The official language is Kyrgyz, with Russian also widely spoken. The country has a rich culture and history, with traditional music, dance, and crafts still a part of daily life. Tourism is an important industry for Kyrgyzstan, with many visitors attracted to the country's stunning natural beauty, including Lake Issyk-Kul, one of the largest alpine lakes in the world, and scenic hiking trails in the Tien Shan mountains.

Comparative Studies on Regional and National Economic Development

Comparative Studies on Regional and National Economic Development PDF Author: Hui Zhang
Publisher: Springer Nature
ISBN: 9811621055
Category : Business & Economics
Languages : en
Pages : 590

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Book Description
This book is devoted to quantify the role of the world's major economies in the international division from the perspective of global value chains and clarify the value cycle system between China and developed and developing economies. This book establishes a theoretical paradigm that conforms to the current world economic structure. That is, the world economic structure gradually shifts from a single-cycle model centered on developed countries to a more complex dual-circulation model. Furthermore, based on the analysis of the current world economic situation, it also analyzes the interaction between trade and investment and the synergistic effect of the Corridors under the Belt and Road Initiative. The first part of the book brings a better understanding of mutual relationships between trade and investment under the Belt and Road Initiative and broadens the research fields of relevant studies. Additionally, comprehensive and specific country research is particularly conducted in this book. By analyzing the economic indicators, reviewing social history and social-economic development, covering various countries along the Belt and Road, it provides deep exploration of the fields and approaches of the most potential cooperation under the purpose of "Peace, Development, Cooperation and Win-Win." Therefore, this part draws a broad map of economic and cultures in order to provide a reference and assistance for promoting the Belt and Road Initiative. Fulfilling this vision, this book hopes to deepen the understanding of economic development of each relevant economy to encourage the participation of economies in regional connectivity.

Scenario-based Strategic Planning

Scenario-based Strategic Planning PDF Author: Burkhard Schwenker
Publisher: Springer Science & Business Media
ISBN: 3658028750
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
In a world characterized by increasing complexity and volatility, managers must be able to flexibly adapt their strategies to changing environmental conditions. Traditional strategic management frameworks often fail in this context. Therefore, we present "scenario-based strategic planning" as a framework for strategic management in an uncertain world. Previous approaches to scenario planning were complex and focused on the long term, but the approach developed by Roland Berger and the Center for Strategy and Scenario Planning at HHL Leipzig Graduate School of Management is different. By designing appropriate tools and integrating scenario planning into strategic planning, we have made our approach less complex and easier for firms to apply. We illustrate the approach with examples from different industries.