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The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
Economic policy-making.
Chinese investments into ASEAN countries.
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DOI: 10.1108/OXAN-DB221081
ISSN: 2633-304X
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Geographic
Topical
The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…
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DOI: 10.1108/OXAN-DB239337
ISSN: 2633-304X
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Geographic
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With numbers of confirmed COVID-19 cases and deaths still relatively low, there is strong support for the restrictions in place despite their economic cost. The gradual reopening…
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DOI: 10.1108/OXAN-DB251948
ISSN: 2633-304X
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Geographic
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The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…
The figure is the 22nd consecutive month of record-setting immigration, and the main opposition party, the New Zealand Labour Party, has called for more active adjustment of…
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DOI: 10.1108/OXAN-DB211975
ISSN: 2633-304X
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Geographic
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The budget was submitted on August 15 and is President Rodrigo Duterte's first. It is mildly expansive, focusing on the new administration's priorities of infrastructure, law and…
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DOI: 10.1108/OXAN-DB213194
ISSN: 2633-304X
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Geographic
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EU's rivals in Western Balkans.
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DOI: 10.1108/OXAN-DB242796
ISSN: 2633-304X
Keywords
Geographic
Topical
The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing…