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1 – 10 of 45Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
ISSN: 2633-304X
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Kazakhstan's exchange rate regime.
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DOI: 10.1108/OXAN-DB203119
ISSN: 2633-304X
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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’…
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DOI: 10.1108/OXAN-DB282141
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB284724
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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The slowing down of Kazakhstan's economy continues against a background of slow global growth, the turbulent economic situation in Russia and low oil prices. Lower-than-projected…
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DOI: 10.1108/OXAN-DB197574
ISSN: 2633-304X
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Geographic
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Azerbaijan's January-June contraction.
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DOI: 10.1108/OXAN-DB212766
ISSN: 2633-304X
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The Central Bank's 2015 monetary programme.
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DOI: 10.1108/OXAN-DB198070
ISSN: 2633-304X
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Currency exchange liberalisation starting with a 100% devaluation on September 5 is the first substantive domestic policy reform of Shavqat Mirzioyev's presidency. A year after…
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DOI: 10.1108/OXAN-DB224716
ISSN: 2633-304X
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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…