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Serbia - Country Economic Memorandum : The Road to Prosperity - Productivity and Exports, Volume 2. Main ReportThis report looks beyond the current
 global financial crisis to the restoration of dynamic
 long-run growth in Serbia. The answer in this report is that
 Serbia will need to fundamentally alter its growth model to
 compete effectively in world markets. The past model relying
 on excessive inflows of capital and credit that, in part,
 fuelled a consumption boom has run its course in all
 European countries. Serbia must shift to a greater export
 orientation so that it can attain the major gains in
 productivity and competitiveness necessary to propel
 economic growth to a much higher trajectory. This cannot
 happen without an explicit export strategy, and a set of
 concomitant structural reforms, driven by commitment and
 coordination at the highest political level. This report
 tries to pinpoint policy actions that would be most
 effective in raising the rate of productivity growth of
 Serbia s enterprises so that better export performance and
 sustained growth could be achieved. The report has three
 parts. Part I reviews Serbia s macroeconomic situation and
 its progress on structural reforms. Part II starts with a
 review of the current status of Serbia s exports and trade
 policy and regional trade arrangements. It then uses product
 space (PS) analysis to examine areas where Serbia has a
 revealed or potential comparative advantage. The report then
 moves on to two such areas, metal processing and automobile
 production, which are subjected to value chain analysis to
 identify bottlenecks that need to be removed for Serbia to
 become a successful producer and exporter in these areas.
 The final part of the report looks at obstacles to more
 rapid and sustainable development of production and exports.
 It starts with the analysis of the business environment,
 based on a range of surveys, which is followed by four
 sectoral chapters that discuss the obstacles found to be
 most binding in the business environment: labor skills,
 power supply and efficiency of its use, use of land, and
 trade facilitation.
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Taking Stock, December 2010In the post-global economic crisis
 environment, Vietnam's economy continues to grow at a
 reasonably rapid and stable rate. While the speed of global
 economic recovery has been uneven across the world, Asia as
 a region has done particularly well. And within Asia,
 Vietnam's growth performance continues to be
 impressive. As shown in left panel of, Vietnam was one of
 the fastest growing economies in the East Asia and Pacific
 (EAP) region prior to the global economic crisis and has
 remained so in the post-crisis period as well1. After
 registering a real gross domestic product (GDP) growth of
 5.3 percent in 2009, Vietnam's economy is expected to
 grow between 6.5-6.7 percent in 2010. Vietnam, like China,
 stands out not only for achieving a higher average growth
 rate but also a more stable growth path. This however has
 meant that the speed with which the Vietnam's economy
 is bouncing back from the lows of 2009 appears to be less
 impressive than countries that experienced negative growth
 last year. This edition of 'Taking Stock' a
 semi-annual publication from the World Bank attempts to
 understand the recent macroeconomic changes in Vietnam. It
 documents changes to the macroeconomic outcomes and policies
 with a view to inform policy discussions in the country. The
 analysis is mostly retrospective in nature, though
 discussions on prospective challenges and outlook are also
 briefly mentioned. Developments in the global economy in
 general and in the EAP region in particular are juxtaposed
 against Vietnam's own economic outcomes and policies to
 provide a more complete and nuanced picture of the issues.
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Bangladesh Development Update, October 2015Progress on reducing extreme poverty and
 boosting shared prosperity need to be further enhanced in
 the near-term by sustaining Gross Domestic Product (GDP) and
 remittances growth, creating jobs, containing inflation, and
 making progress on improving the quality of public service
 delivery. Private investments need to increase significantly
 to achieve the government’s 7 percent growth target for
 FY16. Moving forward in the immediate future, stronger
 attention is needed to (i) achieve safety and labor rights
 compliance in the garment industry, (ii) complete the
 critical ongoing road, electricity and gas development
 projects, (iii) implement the Public Private Partnership
 (PPP) law, (iv) improve the efficiency and solvency of the
 banking sector through better banking supervision and
 oversight by the Bangladesh Bank and corporate governance
 reforms in public banks, and (v) provide access to serviced
 land to domestic and foreign investors through the Special
 Economic Zones (SEZs) initiative.