Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. …
Despite the Centre and various state governments announcing several initiatives to attract multinationals looking to shift base outside China post-Covid-19 pandemic, India has been left behind by countries like Vietnam, Taiwan and Thailand, which have emerged as the preferred destinations for most such companies. Taking note of this, a parliamentary …
The Department-related Parliamentary Standing Committee on Industry, present this Three Hundred and Third Report on the Downturn in Automobile Sector - Its Impact and Measures for Revival. This Report is based on the submissions made by the Secretary of the Department of Heavy Industry and its Senior Officers and other …
Most Small Island Developing States (SIDS) are still not eligible for concessional financing because they are classified as middle- or high-income countries. But they are more vulnerable than income data alone might suggest. SIDS face severe structural challenges due to their remoteness, economic concentration, and dependence on external flows such …
Amid extreme uncertainty during the COVID-19 pandemic, economic policymakers have struggled to respond to rapidly changing circumstances with appropriate speed and scale. One policy obstacle is the dearth of real-time indicators of the pandemic’s economic impacts, especially in low and middle income countries (LMICs). Here show that an ‘immobility’ indicator …
The global pandemic has taken a heavy toll on Mozambique’s economy. In 2020, the country experienced its first economic contraction in nearly three decades. COVID-19 (coronavirus) hit the economy as it was attempting to recover from the slowdown triggered by the hidden debt crisis and the tropical cyclones in 2019. …
The Economic Survey 2020-21 has predicted a "V-shaped" economic recovery for the nation, spurred by COVID-19 vaccination programme. India had started the world's largest coronavirus inoculation drive on January 16 month with healthcare workers and frontline workers. The government is likely to miss its fiscal deficit target of 3.5 per …
NITI Aayog released the second edition of the India Innovation Index-2020. The index demonstrates the government's continued commitment towards transforming the country into an innovation-driven economy. The index illustrates that India is on the right path and the states are endeavouring to improve their innovative ecosystem. In the India Innovation …
The Yearbook series is a result of joint efforts by major African regional organizations to set up a joint data collection mechanism of socioeconomic data on African countries as well as the development of a common harmonized database. The Joint African Statistical Yearbook is meant to break with the practices …
This book provides an evidence-based roadmap for revitalising Indian agriculture while ensuring that the growth process is efficient, inclusive, and sustainable, and results in sustained growth of farmers’ incomes. The book, instead of looking for global best practices and evaluating them to assess the possibility of replicating these domestically, looks …
The Asian Disaster Reduction Center (ADRC) Natural Disasters Data Book 2019 provides statistical perspectives in figures and tables for 2019 as well as for the period 1990-2019 based on data obtained by EM-DAT. According to EM-DAT, 440 natural disasters occurred in 2019 worldwide, killing 24,112 people and affecting approx. 100 …
This report presents an initial assessment of the social and economic impact of Covid-19 on Seychelles. It has been prepared in line with the UN Secretary General’s recommendation of extending UN support to national Covid-19 responses. The report is aimed at stimulating policy debate on recovery and building a resilient …
Following a sharp decline in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control strategy, strong policy measures and buoyant exports. While swift, the recovery has been uneven, with domestic demand recovering more slowly than production, and consumption more slowly …
Global greenhouse gas (GHG) emissions have increased, on average, by 1.1% per year, from 2012 to 2019, which is a markedly lower growth rate than those seen in the first decade of this century (2.6%, on average). In 2019, the increased in global greenhouse gas emissions was 1.1%, half the …
Global greenhouse gas (GHG) emissions have increased, on average, by 1.1% per year, from 2012 to 2019, which is a markedly lower growth rate than those seen in the first decade of this century (2.6%, on average). In 2019, the increased in global greenhouse gas emissions was 1.1%, half the …
This 4th COVID Bulletin provides a snapshot of the pandemic’s impact on the economy and food security in Indonesia including update on government social protection support for vulnerable groups to reduce impact of the crisis; update on macroeconomic indicators in the third and early fourth quarter of 2020; overview of …
Climate change is an existential threat to the world economy like no other, with complex, evolving and nonlinear dynamics that remain a source of great uncertainty. There is a bourgeoning literature on the economic impact of climate change, but research on how climate change affects sovereign risks is limited. Building …
The pandemic has induced a sharp recession in many countries across the globe. The COVID-19 (coronavirus) pandemic has caused an unprecedented shock to the global economy and led to an expected overall contraction of 4.4 percent in 2020. Advanced economies are projected to shrink by 5.8 percent and emerging and …
The COVID-19 pandemic is increasing poverty and threatening food security. Governments around the world have already invested more than $12 trillion to counteract the economic effects of COVID-19. This investment could contribute to progress on the Sustainable Development Goals (SDGs), but initial analysis indicates that investments for economic recovery do …
Uganda’s real GDP grew at 2.9 percent in FY20, less than half the 6.8 percent recorded in FY19, due to the effects of the COVID-19 (coronavirus) crisis, and is expected to grow at a similar level in FY21, but downside risks are high. Economic activity stalled during the latter part …
The study assesses segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until 2030 to support India’s EV transition. In addition to the 2030 target, the study models three transition scenarios. Further, it identifies the barriers to the investment flow and solutions to accelerate …
