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Eastern Europe: Regional Profile

Jul 2019

Eastern Europe will experience moderate economic growth in 2019. The region’s integration into the world economy promises long-term benefits but also created problems during the downturn. Most economies will see a general shift toward services and ...

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Slovakia: Country Profile

Jul 2019

Although Slovakia’s growth will moderate in 2019, it will still be healthy. Growth will be driven mainly by domestic demand. Low unemployment and rising wages will support household consumption. Investment growth will remain solid, underpinned by ...

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Spain: Country Profile

Jul 2019

Spain’s post-crisis expansion will lose steam in 2019. Gains in private final consumption will be subdued. Gains in private final consumption will be moderate. Residential and business investment will perform favourably. However, a less favourable ...

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Curaçao: Country Profile

Jul 2019

Curaçao has one of the highest standards of living in the Caribbean, along with a well-developed infrastructure. However, growth has lagged behind that of other countries in the region for a number of years. Real GDP contracted in both 2017 and 2018....

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Canada: Country Profile

Jul 2019

Canada’s economy will slow, but still grow at a moderate pace in 2018. Households have adjusted consumption expenditure to moderating income growth and higher interest rates, and businesses have cut investment in response to greater global trade ...

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Hong Kong, China: Country Profile

Jul 2019

Hong Kong, China’s economy is growing at a healthy pace. A sharp economic downturn in China, spillovers from the trade war between China and the United States, and domestic civil unrest will hamper the economy in 2019. However, a tight labour market ...

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Italy: Country Profile

Jul 2019

Italy’s economy will contract slightly in 2019. Sluggish employment growth and a rising household saving rate are holding back private consumption, while weak external demand and global trade tensions are hurting exports. Lower business confidence ...

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Poland: Country Profile

Jul 2019

The economy will slow slightly in 2019. Domestic demand remains strong, with private consumption growing firmly thanks to a booming labour market, and investment being supported by fast disbursements of EU funds and accommodative monetary policy. ...

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Myanmar: Country profile

Jul 2019

Myanmar’s economy continues to grow briskly. Support comes from a recovering agriculture sector, strong gains in private consumption and a healtht exports. However the slowdown in China, tensions in Rakhine state and the potential loss of access to ...

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Belarus: Country Profile

Jul 2019

Real GDP growth will decelerate in 2019 . Private consumption will slow, hampered by higher inflation and unemployment rates. Weaker business confidence will weigh on fixed investment, while the challenging economic situation in Russia will drag on ...

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Belgium: Country Profile

Jul 2019

Belgium’s economy will continue to grow modestly in 2019. Private consumption will be an important driver of growth, supported by past and announced additional reductions in labour taxation, and robust wage growth. Favourable financial conditions ...

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Bosnia-Herzegovina: Country Profile

Jul 2019

Bosnia and Herzegovina’s economy will experience reasonable growth in 2019. Drivers are moderate growth in private consumption and large-scale infrastructure projects. Exports will fall slightly, reflecting the more challenging external environment ...

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Guadeloupe: Country Profile

Jul 2019

The standard of living is higher than in most parts of the eastern Caribbean though recent rates of growth are less than 2% per year. Tourism is the backbone of the economy. A large proportion of the country's food is imported from France. The prices...

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Russia: Country Profile

Jul 2019

The Russian economy continues with moderate growth, Fixed capital investment growth will accelerate, yet, household consumer demand is expected to slow down on the back of lower real wages growth. Meanwhile, credit growth will continue supporting ...

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Trinidad and Tobago: Country Profile

Jul 2019

The economy will see little or no growth in 2019. New energy projects in should provide a positive boost. Nevertheless, private investment and consumption will remain constrained by limited access to credit. Household income will decline owing to a ...

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Greece: Country Profile

Jul 2019

Greece’s modest recovery will continue in 2019. Domestic demand will contribute more to growth than in the recent past, offsetting moderating export growth. Stronger household incomes due to the recent minimum wage increase and rising employment will...

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Brazil: Country Profile

Jul 2019

Brazil’s economy will grow moderately in 2019. Growth in the services and primary sectors has compensated for a contraction in industrial output and the prospects for agricultural output remain favourable. Inflation and interest rates have remained ...

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Germany: Country Profile

Jul 2019

The German economy will decelerate in 2019. Mounting political uncertainties regarding trade disputes and Brexit are weighing on business confidence. Export growth and business investment are thus expected to slow. Yet, record low unemployment and ...

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St Lucia: Country Profile

Jul 2019

St Lucia expects only modest economic gains in the next few years. A mild fiscal stimulus helped to sustain the economy in 2017. In 2018, growth of 2.7% is expected. Weaknesses in the banking sector are a drag on growth. Reforms to lower the tax ...

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Tanzania: Country Profile

Jul 2019

Tanzania’s economy will perform impressively in 2018. The continued growth of services is a major driver. Power shortages are easing thanks to a Chinese-financed pipeline carrying natural gas to commercial centres. A large increase in capital ...

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