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Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…
Policy implications of the downward pressure on inflation from the renewed oil price decline.
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DOI: 10.1108/OXAN-DB212864
ISSN: 2633-304X
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In reality, the oil price has less influence on inflationary trends and expectations today than in earlier decades, partly because central banks have greater credibility and…
The new pricing policy replaces the previous import parity price applied since 2016 and may attenuate the impact of international price volatility on the domestic market. The new…
The outlook for the Saudi private sector.
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DOI: 10.1108/OXAN-DB226135
ISSN: 2633-304X
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Geographic
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As state-owned banks apparently intervene to support the lira, the Treasury and Finance Ministry has proposed issuing domestic bonds with yields linked to the revenues of state…
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DOI: 10.1108/OXAN-DB270779
ISSN: 2633-304X
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Geographic
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Yet worsening macroeconomic conditions amid the COVID-19 pandemic, including a fall in oil prices and declining foreign currency reserves, have forced President Muhammadu Buhari’s…
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DOI: 10.1108/OXAN-DB256558
ISSN: 2633-304X
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Other central banks in sub-Saharan Africa (SSA) have been increasing rates in a bid to contain inflation and shore up currencies. However, further increases risk dampening growth…
PROSPECTS 2018: Global economy
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DOI: 10.1108/OXAN-DB225496
ISSN: 2633-304X
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Geographic
Topical
Southern European countries want to impose price ceilings and decouple the electricity market from gas prices. They face strong resistance from northern member states, who instead…