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Following its strong results in the October mid-term election, the government has been pressing tax and pension reforms and a new fiscal accord with provincial governors; all…
Standard & Poor’s (S&P) had already raised Uruguay’s rating to BBB+, with a stable outlook, citing “prudent fiscal management”, but warning of still-high inflation. Despite…
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DOI: 10.1108/OXAN-DB279754
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB198042
ISSN: 2633-304X
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The Portuguese government presented its 2017 budget to parliament on October 14. The EU agreed in August to waive fines over its excessive budget deficits, but Portugal remains…
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DOI: 10.1108/OXAN-DB214416
ISSN: 2633-304X
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EU budget surveillance.
The zloty resumed a depreciating trend on July 4, following the announcement of radical pension reform by Development Minister Mateusz Morawiecki. A combination of investor…
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DOI: 10.1108/OXAN-DB212306
ISSN: 2633-304X
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Ontario's public debt.
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DOI: 10.1108/OXAN-DB212780
ISSN: 2633-304X
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However, negotiations will go ahead, notwithstanding Fund staff's recent misgivings on Greece's debt sustainability. Broader issues are whether the IMF's role as lender of last…
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DOI: 10.1108/OXAN-DB201363
ISSN: 2633-304X
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For the last two decades income inequality among workers has widened in the United States and become a significant political issue. However, the tight post-COVID-19 labour market…
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DOI: 10.1108/OXAN-DB276551
ISSN: 2633-304X
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The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…