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The Vollgeld (sovereign money) proposal, which claimed to make the banking system safer by preventing commercial banks creating money through requiring thems to keep 100% of their…
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DOI: 10.1108/OXAN-DB235401
ISSN: 2633-304X
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Rapprochement and reform efforts.
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DOI: 10.1108/OXAN-DB214493
ISSN: 2633-304X
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The long-postponed move is essential but will send shockwaves through the economy. Inflation and currency flight will soar. Salary and pension hikes will be quickly eaten up by…
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DOI: 10.1108/OXAN-DB258191
ISSN: 2633-304X
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This step is essential to advancing the country’s economic reform agenda, but it promises to be tricky, putting pressure on inefficient state companies, threatening savings and…
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DOI: 10.1108/OXAN-DB257017
ISSN: 2633-304X
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This is the strongest signal yet of President Miguel Diaz-Canel’s commitment to the reform process he inherited from his predecessor Raul Castro. The changes will not end…
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DOI: 10.1108/OXAN-DB236271
ISSN: 2633-304X
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Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…
Ethiopia applied for IMF support in September 2021 but the ensuing negotiations were difficult. However, up-front implementation of major reforms eventually convinced the IMF to…
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DOI: 10.1108/OXAN-DB288982
ISSN: 2633-304X
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LLA has capitalised on growing discontent with politics after over a decade of economic stagnation, high inflation and increasing poverty. Milei’s discourse against what he calls…
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DOI: 10.1108/OXAN-DB279171
ISSN: 2633-304X
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When Bolsonaro was elected in 2018, he enjoyed widespread private-sector support based on promises to implement radical free-market reforms and sound monetary and fiscal policies…
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DOI: 10.1108/OXAN-DB272999
ISSN: 2633-304X
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Options for euro-area reform.