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In 2018 the economic slump and devaluation helped to improve the trade balance by cutting imports. However, the current account deficit reached 5.4% of GDP, up from 4.9% in 2017…
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DOI: 10.1108/OXAN-DB243427
ISSN: 2633-304X
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Geographic
Topical
Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…
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DOI: 10.1108/OXAN-DB281176
ISSN: 2633-304X
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Geographic
Topical
In 2014, real GDP expanded by 0.5%, according to the National Statistics Institute (INDEC). Public consumption was the counter-cyclical driver while the other components of…
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DOI: 10.1108/OXAN-DB198923
ISSN: 2633-304X
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Geographic
Topical
Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…
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DOI: 10.1108/OXAN-DB279113
ISSN: 2633-304X
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Geographic
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In January, the Central Bank of Argentina restricted access to the official exchange market for imports of some luxury goods, while the government asked companies to present their…
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DOI: 10.1108/OXAN-DB260049
ISSN: 2633-304X
Keywords
Geographic
Topical
Despite imports falling due to the economic downturn and import and foreign exchange controls, Argentina's trade surplus in 2014 fell by one-sixth to 6.7 billion dollars. Export…
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DOI: 10.1108/OXAN-DB197591
ISSN: 2633-304X
Keywords
Geographic
Topical
The Silk Road (SiRo) factory is a joint venture between Turkiye Automotive Enterprise Group (TOGG) and China’s Farasis Energy. According to President Recep Tayyip Erdogan, Turkey…