The increasingly disappointing world economy is facing the threat of a synchronised slowdown and mounting risks including another bout of financial market turmoil and a political backlash against globalisation, the International Monetary Fund has warned.
Source: FT, 2016/04/12
Puerto Rico is facing a financial crisis because its economy is not growing, and financial and economic reforms are needed to change the situation. Years of corrupt and inefficient state-run enterprises, combined with a taxation and regulatory structure that stifles economic activity, have led to a stagnant economy in this U.S. territory. The government of […]
The World Bank has supported the Polish government efforts on capacity building in public institutions in the areas of climate policy research and analytical quality. The recent drafting of the National Program for the Development of a Low Carbon Economy, which scrutinizes and analyses all emission reduction instruments, provided an opportunity to evaluate the effectiveness […]
Inflation across the 19-country eurozone turned negative in February, official figures showed Monday, in a development that will boost expectations that the European Central Bank will unveil another stimulus package at its next policy meeting on March 10. Statistics agency Eurostat said consumer prices across the region were down 0.2 percent in February from […]
Is the Index of Industrial Production (IIP) a reliable indicator of growth in the gross domestic product or GDP? Or is the real GDP story hidden in data on electricity generation?
Source: Is power output a better guide for growth?, 18/07/2015
Energy and Mineral Resources Division sources confirm that Bangladesh intends to secure within 2018 import of 500 million cubic feet-a-day equivalent of natural gas through LNG import to achieve 8.0 per cent GDP (gross domestic propduct) growth rate within the next five years (as envisaged in the 7th Five-Year Plan) and secure electric energy for […]
Saudi Arabias GDP growth in 2015 was revised upward to 3.3 percent year-on-year from 2.5 percent, Jadwa Investment said in its Quarterly Oil Market Update (Q1 2015).
Source: Saudi GDP revised upward to 3.3% in 2015, 19/07/2015