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Any recovery from the UK recession will be very modest

Location:

UNITED KINGDOM

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…

Digital gig workers rise up EU policy agenda

Location:

EU

One controversial feature of these conditions is payment-related speculation in the contractual terms of labour platforms. Such practices are especially sensitive in the case of…

Prospects for Colombia in 2024

Location:

PROSPECTS 2024

His Historic Pact suffered a major setback in October’s local elections, with opposition figures set to govern some of Colombia’s largest cities (including Bogota) from January 1…

Low savings limit Japanese spending and GDP growth

Location:

JAPAN

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…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Prospects for Turkey in 2024

Location:

PROSPECTS 2024

The municipal elections are also an opportunity for President Recep Tayyip Erdogan to solidify his rule further by winning back the cities he lost in 2019. The adoption of more…

Argentina stabilisation plan will prove challenging

Location:

ARGENTINA

With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…

Economic pressure will increase on Italian government

Location:

ITALY

The budget will amount to EUR24bn (USD28bn), with a deficit of 4.3% of GDP to support tax cuts and increased spending. The higher-than-expected deficit comes as economic growth…

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.