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1 – 8 of 8Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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The war in Ukraine, Western sanctions and the redirection of external trade away from Europe towards new partners all required a surge in investment. The bulk of new investment…
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DOI: 10.1108/OXAN-DB286245
ISSN: 2633-304X
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However, its key provision -- an increase in the system’s defined contribution -- was rejected by the Lower House. The government will have to negotiate key parts of the bill…
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DOI: 10.1108/OXAN-DB285024
ISSN: 2633-304X
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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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Fertiliser use will grow, driven by population growth in developing economies. Emissions from fertiliser use will also grow, as decarbonisation options are high-cost and difficult…
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DOI: 10.1108/OXAN-DB285960
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
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The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.
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DOI: 10.1108/OXAN-DB286625
ISSN: 2633-304X
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Geographic
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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…