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Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
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DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
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However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…
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DOI: 10.1108/OXAN-DB283915
ISSN: 2633-304X
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Romania’s revised 2019 budget.
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DOI: 10.1108/OXAN-DB246051
ISSN: 2633-304X
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Prominent economists disagree on whether this will fire inflation. The Federal Reserve (Fed) is for the moment prioritising economic growth and employment over price control. It…
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DOI: 10.1108/OXAN-DB260384
ISSN: 2633-304X
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The euro-area is highly exposed to the fallout from the Ukraine war, and higher commodity prices for a longer period will squeeze the disposable incomes of households and firms…
Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…
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DOI: 10.1108/OXAN-DB283146
ISSN: 2633-304X
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The Fed targets an average annual inflation rate of 2% but, under its 2020 monetary policy framework, will tolerate a moderate overshoot to make up for past low inflation. The Fed…
ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.
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DOI: 10.1108/OXAN-DB278021
ISSN: 2633-304X
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Prospects for India in 2020.
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DOI: 10.1108/OXAN-DB247974
ISSN: 2633-304X
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The expansion was largely driven by a booming agricultural sector, whose output rose by 21.6%. The services sector, which accounts for around two-thirds of added value in the…