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After financial turbulence in the first half of 2022, the economy stabilised in the second half, and the government is estimated to have met IMF policy targets for 2022. However…
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DOI: 10.1108/OXAN-DB275364
ISSN: 2633-304X
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The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…
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DOI: 10.1108/OXAN-DB280020
ISSN: 2633-304X
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A score below 100 indicates a pessimistic outlook -- the index has not exceeded 100 since March 2018. Increasingly frequent and heavy-handed interventions by the Turkish Central…
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DOI: 10.1108/OXAN-DB244212
ISSN: 2633-304X
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Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…
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DOI: 10.1108/OXAN-DB278809
ISSN: 2633-304X
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Financial flows have all but halted because foreign investment is near-impossible and because capital controls and the risk of asset seizure abroad curb outflows. These dynamics…
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DOI: 10.1108/OXAN-DB271836
ISSN: 2633-304X
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The surprisingly ample victory of opposition candidate Alberto Fernandez over President Mauricio Macri in the August 11 presidential primaries triggered a currency run and a sharp…
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DOI: 10.1108/OXAN-DB246142
ISSN: 2633-304X
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Monetary, fiscal and debt concerns.
Such unity proved elusive for former President Luis Guillermo Solis, for whom fiscal reform in particular caused legislative gridlock. Alvarado inherits an economy that is showing…
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DOI: 10.1108/OXAN-DB233653
ISSN: 2633-304X
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This is up from nearly 19 million people in 2023. The crisis has worsened in recent weeks with major food and cost-of-living protests erupting across several states, as well as…
The Egyptian authorities early this week announced a wide range of measures in response to the damaging economic impact of the Ukraine war, in particular the surge in food and…