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War in Ukraine creates opportunities for Central Asia

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CENTRAL ASIA

The war in Ukraine has changed the dynamics of interaction between Russia and the Central Asian countries, which have been traditionally a source of migrant labour. Despite rising…

Japan will become more internationally competitive

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JAPAN

In the 1980s, the country's high-cost and high-price economy was much discussed. Decades later, Japan looks like a comparatively low-cost, low-price and low-income developed…

IMF deal will bring little relief in Argentina

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ARGENTINA

The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…

Bolivia’s nearing elections will shape economic policy

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BOLIVIA

Faced with the diminution of foreign currency reserves, the government has taken steps to encourage exporters to repatriate the dollars they earn abroad and place them within the…

Syria's ruler will seek to ride out economic protests

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SYRIA

The demonstrations were triggered by Assad’s mid-August announcement of big fuel price increases, only partly mitigated by rises in salaries and pensions. However, they have been…

Russian household consumption is recovering slowly

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RUSSIA

This was the first acceleration after twelve consecutive declines and was driven by an 11% rise in the prices of services. The war in Ukraine has exposed Russia’s consumers to…

Post-election Argentine economy appears unsustainable

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ARGENTINA

However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…

Russia will expand support to small businesses

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RUSSIA

However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…

Policy tightening could deepen inequalities in Turkey

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TURKEY

Inequalities have increased in recent years and the post-election tightening of fiscal and monetary policy threatens to exacerbate the problem. Children, Kurds, earthquake…

Argentina stabilisation plan will prove challenging

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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…