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. …
This case study describes Bangladesh’s success story using the standardized approach used by the Universal Health Coverage Studies Series (UNICO Studies Series) to provide a balanced account of the key pillars that lay behind the success of pluralism in the health system of Bangladesh. The aim is to recognize the …
It is well recognized that infrastructure investment is vital for growth. However, its financial implications could be huge, which could not be met by traditional sources of financing only. Using a general equilibrium model applied to Ghana, this paper combines four fiscal rules for managing oil revenue for public investment …
Odisha's gross state domestic product (GSDP) grew by 8.4 per cent during 2018-19 compared to 7.4 per cent in previous financial year, highlighting that it has grown at a faster rate than states like Haryana, Punjab, Kerala, Chhattisgarh, Madhya Pradesh, Maharashtra and Jharkhand. The Odisha Economic Survey for 2018-19 says …
While Africa holds more than 60% of the world’s arable land, the continent’s share in global agricultural production remains low. Vast areas of land are uncultivated and productivity is lower than in much of the rest of the world. Nevertheless, farming is key for the majority of African economies and …
The Rwanda Economic Update (REU), published twice a year, analyzes recent economic developments and prospects and policy priorities in Rwanda. It is intended for a wide audience of policymakers, business leaders, other market participants, analysts engaged in Rwanda’s economy, and civil society. The REU draws on available data reported by …
Because malnutrition in early life significantly affects the physical and mental development of children, addressing malnutrition is fundamental to the development of Vietnam’s human capital. Economic development of the nation depends on the strength, resilience, and intelligence of its workforce. Governments dedicate millions of dollars annually to health and education, …
This paper applies an innovative method to estimate poverty in India in the absence of recent expenditure data. The method utilizes expenditure data from 2004-05, 2009-10, and 2011-12 to impute household expenditure into a survey of durable goods expenditure conducted in 2014-15. At the $1.90 per day international poverty line, …
Ghana’s real gross domestic product (GDP) expanded in 2018, albeit at a slower rate than in 2017; the expansion was spurred by the mineral component of the industry sector. The government sustained its fiscal consolidation efforts in 2018 despite challenges. The current account deficit narrowed further in 2018 but portfolio …
This paper is a contribution to understanding income generation and inequality in India's agricultural sector. Analyse the National Sample Surveys of agriculture in 2003 and 2013 using descriptive and regression based methods, and estimate income inequality in the agricultural sector at the scale of the nation and its 17 largest …
China’s economic growth has so far remained resilient in the face of high global uncertainty. GDP growth was 6.4 percent year on year in the fourth quarter of 2018 and in the first quarter of 2019, compared to 6.8 percent in the first half of 2018. Growth is projected at …
The goals of ending extreme poverty by 2030 and working toward a more equal distribution of income are prominent in international development and agreed upon in the United Nations' Sustainable Development Goals 1 and 10. Using data from 164 countries comprising 97 percent of the world's population, this paper simulates …
The African Statistical Yearbook (ASYB) 2019 is the tenth edition jointly produced by the African Development Bank (AfDB), the African Union Commission (AUC) and the United Nations Economic Commission for Africa (ECA). It is a result of the fruitful collaboration that exists among the three panAfrican organizations within the field …
Namibian financial services firm, PSG Wealth Management, said Wednesday that amid the significant slump in agricultural output, the current drought will affect water-intensive industries, such as beverages and processed foods in the southern African country. In an analysis of the drought situation, the firm said reduced local production of agricultural …
The Climate Group released a report titled ‘Driving Climate Action: State Leadership in India’ which substantiates the role of Indian states in driving climate action and economic growth. This report, published in partnership with KPMG India, highlights their (states’) role in India’s fight against climate change without compromising on economic …
Over the past few decades, the agricultural sector of Southeast Asia has experienced robust growth and undergone a structural transformation albeit differentially across the countries in the region. The main aims of this paper are to understand the process of transformation and sources of growth in agriculture in the broader …
Rural communities in South Africa, which make up 40% of the population, face immense difficulties in accessing adequate healthcare, according to a report titled Protecting Rural Healthcare in Times of Economic Crisis. The report was launched on Tuesday by the Rural Healthcare Advocacy Project (RHAP) in Braamfontein, Johannesburg. "We have …
The new Kenya economic update shows that boosting agricultural productivity can help reduce poverty, particularly in rural areas The report notes that increasing agricultural productivity and market access can enable more rural poor households to grow enough food to begin selling it, leading to welfare gains and poverty reduction Recommendations …
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. China’s growth declined following a combination of needed regulatory tightening to rein in shadow banking and an increase in trade tensions with …
Rural communities in South Africa, which make up 40% of the population, face immense difficulties in accessing adequate healthcare, according to a report titled Protecting Rural Healthcare in Times of Economic Crisis. Health expenditure per person in real terms has been shrinking since 2012, according to the report. Austerity measures …
Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3 percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in 2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percentage …
