Download or read book Gabon Economic Update December 2015 written by World Bank Group and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gabon Economic Update December 2015 written by Weltbankgruppe and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The structure of the Gabonese economy in 2014 reveals a strong dominance of services which account for 57.8 percent of real gross domestic product (GDP), followed by oil industry (20.6 per cent), other industries (15.4 per cent), and agriculture (6.3 per cent). Following lower oil revenues, from reduced prices and production, and lower non-oil revenue, the government reduced public expenditure from 26.7 percent of GDP in 2013 to 23.6 percent in 2014. Despite this, both government wages and salaries and goods and salaries increased leaving public investment to bear much of the brunt of the expenditure cuts resulting in only half of planned public investment being realized. In response to declining oil prices, the government adjusted the initial 2015 budget and revised the revenue assumptions. To cope with the financing gap, the government successfully issued a Eurobond of United States (U.S.) 500 million dollars in June 2015 with a maturity of ten years at a rate of 6.95 percent. Gabon has stated its intention to introduce a modern social protection system, however it has not yet reached the objectives set by the government. It still faces five major challenges to be addressed: (i) a lack of data; (ii) coordination of the system; (iii) ensuring fiscal sustainability; (iv) effective targeting of beneficiaries; and (v) building lesson-learning into policy. To meet these challenges the authors recommend focusing on the following: (a) deepen the analysis of poverty and vulnerability; (b) conduct an institutional audit; (c) formulate a deployment plan; and (d) simulate roll-out options.
Download or read book Gabon written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-01-22 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political risks appear to have subsided with the completion of legislative and local elections in October. The economy is slowly recovering, fiscal consolidation has continued, inflation has remained low, and the trade balance has improved. The recovery is expected to firm up in 2019 and the medium-term outlook is still promising, although risks remain mostly tilted to the downside.
Download or read book Global Economic Prospects June 2019 written by World Bank Group and published by World Bank Publications. This book was released on 2019-07-11 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth appears to be stabilizing after a period of marked weakness, but it remains fragile. A modest recovery in emerging market and developing economies continues to be constrained by subdued investment, which is dampening prospects and impeding progress toward achieving critical development goals. Downside risks to the outlook remain elevated, and policymakers continue to face major challenges to boost resilience and foster long-term growth. this issue includes essays on the benefits and risks of government borrowing, recent investment weakness in emerging market and developing economies, the pass-through of currency depreciations to inflation, and the evolution of growth in low-income countries.
Download or read book World on the Move written by Paolo Mauro and published by Columbia University Press. This book was released on 2016-12-20 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is poised on the threshold of economic changes that will reduce the income gap between the rich and poor on a global scale while reshaping patterns of consumption. Rapid economic growth in emerging-market economies is projected to enable consumers worldwide to spend proportionately less on food and more on transportation, goods, and services, which will in turn strain the global infrastructure and accelerate climate change. The largest gains will be made in poorer parts of the world, chiefly sub-Saharan Africa and India, followed by China and the advanced economies. In this new study, Tomas Hellebrandt and Paulo Mauro detail how this important moment in world history will unfold and serve as a warning to policymakers to prepare for the profound effects on the world economy and the planet.
Download or read book The Report Gabon 2015 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2015-12-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the decline in oil prices from mid-2014 on, the government’s drive to diversify the economy away from its traditional reliance on hydrocarbons in line with its Emerging Gabon Strategic Plan has taken on greater importance. Drawing on its sizeable timber and mineral reserves, Gabon aims to develop new industries and boost domestic value added with the ultimate goal of achieving emerging market status by 2025. In the meantime, however, weaker oil prices will likely cause complications for the next two to three years, as the authorities grapple with lower budgets and greater debt challenges.
Download or read book Income Inequality written by Brian Keeley and published by Org. for Economic Cooperation & Development. This book was released on 2015-12-21 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
Download or read book International Financial Statistics December 2015 written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2015-12-01 with total page 892 pages. Available in PDF, EPUB and Kindle. Book excerpt: This December 2015 issue of International Financial Statistics is a standard source of statistics on all aspects of international and domestic finance. The monthly printed issue of IFS reports current monthly, quarterly, and annual data, while the yearbook reports 12 observations of annual data. Most annual data on the CD-ROM and Internet begin in 1948; quarterly and monthly data generally begin in 1957; most balance-of-payments data begin in 1970. A nominal effective exchange rate index represents the ratio of an index of a currency’s period-average exchange rate to a weighted geometric average of exchange rates for the currencies of selected countries and the euro area. When a country joins the IMF, it is assigned a quota that fits into the structure of existing quotas. Quotas are considered in the light of the member’s economic characteristics and considering quotas of similar countries.
Download or read book OECD Economic Outlook written by and published by . This book was released on 1974 with total page 1046 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Employment Outlook 2015 written by OECD and published by OECD Publishing. This book was released on 2015-07-09 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Employment Outlook 2015 reviews recent labour market trends and short-term prospects in OECD countries, looking at: recent labour market developments, especially around minimum wages; skills and wage inequality; activation policies and inclusive labour markets; and job quality.
Download or read book World Economic Outlook April 2015 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2015-04-14 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth remains moderate and uneven, and a number of complex forces are shaping the outlook. These include medium- and long-term trends, global shocks, and many country- or region-specific factors. The April 2015 WEO examines the causes and implications of recent trends, including lower oil prices, which are providing a boost to growth globally and in many oil-importing countries but are weighing on activity in oil-exporting countries, and substantial changes in exchange rates for major currencies, reflecting variations in country growth rates and in exchange rate policies and the lower price of oil. Additionally, analytical chapters explore the growth rate of potential output across advanced and emerging market economies, assessing its recent track and likely future course; and the performance of private fixed investment in advanced economies, which has featured prominently in the public policy debate in recent years, focusing on the role of overall economic weakness in accounting for this performance.
Download or read book OECD Economic Outlook Volume 2021 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2021-12-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.
Download or read book Governing Access to Essential Resources written by Katharina Pistor and published by Columbia University Press. This book was released on 2015-12-08 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential resources do more than satisfy people's needs. They ensure a dignified existence. Since the competition for essential resources, particularly fresh water and arable land, is increasing and standard legal institutions, such as property rights and national border controls, are strangling access to resources for some while delivering prosperity to others, many are searching for ways to ensure their fair distribution. This book argues that the division of essential resources ought to be governed by a combination of Voice and Reflexivity. Voice is the ability of social groups to choose the rules by which they are governed. Reflexivity is the opportunity to question one's own preferences in light of competing claims and to accommodate them in a collective learning process. Having investigated the allocation of essential resources in places as varied as Cambodia, China, India, Kenya, Laos, Morocco, Nepal, the arid American West, and peri-urban areas in West Africa, the contributors to this volume largely concur with the viability of this policy and normative framework. Drawing on their expertise in law, environmental studies, anthropology, history, political science, and economics, they weigh the potential of Voice and Reflexivity against such alternatives as pricing mechanisms, property rights, common resource management, political might, or brute force.
Download or read book The Global Findex Database 2017 written by Asli Demirguc-Kunt and published by World Bank Publications. This book was released on 2018-04-19 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Regional Economic Outlook May 2005 Sub Saharan Africa written by International Monetary Fund and published by International Monetary Fund. This book was released on 2005-05-31 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first, annual issue of Regional Economic Outlook: Sub-Saharan Africa analyzes economic, trade, and institutional issues in 2004, and prospects in 2005, for the 42 countries covered by the IMF African Department (for data reasons, Eritrea and Liberia are excluded). Topics examined include responses to exogenous shocks, growth performance and growth-enhancing policies, and the effectiveness of regional trade arrangements. Detailed aggregate and country data (as of February 24, 2005) are provided in the appendix.
Download or read book World Economic Situation and Prospects written by United Nations Publications and published by UN. This book was released on 2015-02-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Economic Situation and Prospects (WESP) is the definitive report of the United Nations on the state of the world economy. One of the most highly anticipated economic reports from the United Nations, it is jointly produced by the Department of Economic and Social Affairs, the United Nations Conference on Trade and Development and the five United Nations Regional Commissions.
Download or read book Direction of Trade Statistics Quarterly December 2015 written by International Monetary Fund. Statistics Dept. and published by International Monetary Fund. This book was released on 2015-12-16 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the quarterly issue of the IMF’s Direction of Trade Statistics (DOTS). The term “country,” as used in this publication, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some non-sovereign territorial entities, for which statistical data are maintained and provided internationally on a separate and independent basis. The information on exports and imports by trading partners that countries report to the Fund varies in terms of frequency and currentness. No estimates, however, are compiled for periods prior to 1981 or based on benchmark data referring to 1980 or earlier. Moreover, data reported from countries’ own records, even with longer delays, continually broaden the base of reported data, thereby replacing previously estimated figures. Area and world totals are compiled from reported data and these estimates.
