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Russia's economic problems caused by the low price of oil and to a lesser extent Western sanctions are a challenge for Kazakhstan and the four other Central Asian states. In its…
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DOI: 10.1108/OXAN-DB209755
ISSN: 2633-304X
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Geographic
Topical
This comes as Gulf Cooperation Council (GCC) states begin serious reforms to adapt to a new period of low oil prices. The United Arab Emirates (UAE) led the way in August 2015 by…
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DOI: 10.1108/OXAN-DB207748
ISSN: 2633-304X
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Geographic
Topical
The government is preparing to send the 2023 budget to parliament. Some politicians favour a large increasing in spending, giving little space for technocratic arguments that the…
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DOI: 10.1108/OXAN-DB275908
ISSN: 2633-304X
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Geographic
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
Keywords
Geographic
Topical
Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…