Search results

Cuba's monetary reform will create multiple shocks

Location:

CUBA

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…

Uzbek economic reform actions do not include politics

Location:

UZBEKISTAN

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…

Jordan’s debt levels are sustainable for the present

Location:

JORDAN

Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…

Bolivia economic challenges and liberalisation likely

Location:

BOLIVIA

Bolivia's economy.

Long-term challenges cloud Ethiopia’s economic reforms

Location:

ETHIOPIA

Outlook for Ethiopia's economic reforms.

Egypt's living standards will come under more pressure

Location:

EGYPT

The target is highly optimistic. A recent upturn in headline growth reflects improved terms of trade and better performance in export-oriented sectors, notably tourism and…

Hryvnia collapse will put Ukraine's stability at risk

Location:

UKRAINE

In order to receive new IMF lending, the budget also introduces big gas price rises, and increases defence spending. Meanwhile, the hryvnia's disastrous February weakening…

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…

Cuban discontent will be muted despite economic woes

Location:

CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…

Risk of Greek euro exit has risen but is still small

Location:

GREECE

The prospects for Greek departure from the euro-area.