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1 – 10 of 16Estimates of income rather than output, of household rather than firms' employment, and of real rather than nominal wages often diverge, but the gap has widened since the…
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DOI: 10.1108/OXAN-DB284606
ISSN: 2633-304X
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Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…
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DOI: 10.1108/OXAN-DB286565
ISSN: 2633-304X
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Geographic
Topical
The economy slowed sharply in the second half of 2023. Consumption is lower than a decade ago, as a consequence of population ageing and insufficient savings, which reflects a…
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DOI: 10.1108/OXAN-DB285796
ISSN: 2633-304X
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Geographic
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The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…
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DOI: 10.1108/OXAN-DB286221
ISSN: 2633-304X
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Geographic
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The relative sluggishness is due partly to the delayed impacts of financial tightening and reduced global demand. While domestic demand has been the primary engine of growth, the…
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DOI: 10.1108/OXAN-DB284178
ISSN: 2633-304X
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Geographic
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Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
Government measures to boost the economy, including tax cuts in November, are having little effect. There is little scope for further stimulus in the March budget. Political…
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DOI: 10.1108/OXAN-DB285405
ISSN: 2633-304X
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The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
ISSN: 2633-304X
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The authorities investigated over 200 leading healthcare figures between January and mid-November, compared to just twelve in 2019-22. They may be seeking to combat illegal…
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DOI: 10.1108/OXAN-DB284135
ISSN: 2633-304X
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Costa’s Socialist Party (PS), which is now led by Pedro Nuno Santos, is tied in opinion polling with the centre-right opposition Democratic Alliance (AD). The far-right Chega is…