Numerous structural vulnerabilities put developing regions at a disadvantage as they confront the prospect of increasingly frequent extreme shocks. Typical of these regions, South Asia had...
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We use economywide models to examine the economic recovery from COVID-19 shocks in Bangladesh and Nepal during 2020–2026. Declining labor productivity, capital underutilization, consumption shifts...
Global economic growth is set to slow in 2023, compared with the previous year. Continued high inflation and the effects of monetary policy tightening added pressure s to economic...
At just under six percent, South Asia is expected to grow faster than any other developing country region this year—but slower than its pre-pandemic pace and not...
A timing misalignment between high import demand and still-recovering remittance inflows created an external funding mismatch during Nepal’s growth recovery in FY21 and FY22. As imports...
The global COVID-19 (Coronavirus) pandemic imposed both a supply and a demand shock on Nepal’s economy, which adversely affected growth. The global crisis induced by the pandemic initially...