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The country is trying to rebuild its economy, which contracted by an estimated 7.6% in 2020. The fallout of the COVID-19 crisis has cut oil and gas income, which contributes about…
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DOI: 10.1108/OXAN-DB265105
ISSN: 2633-304X
Keywords
Geographic
Topical
Economic stimulus schemes and gaps.
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DOI: 10.1108/OXAN-DB252219
ISSN: 2633-304X
Keywords
Geographic
Topical
Whereas developed economies and China have benefited from USD9tn in fiscal stimulus and USD5tn in liquidity, EMs have less scope because they cannot issue local-currency debt…
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DOI: 10.1108/OXAN-DB253864
ISSN: 2633-304X
Keywords
Geographic
Topical
The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…
However, this recovery remains below global growth for the second consecutive year, further widening global income disparities and possibly undermining crucial domestic spending…