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Having partly restored its inflation-fighting credibility by maintaining an exceptionally tight monetary stance since its decision last September to raise its benchmark rate to a…
However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…
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DOI: 10.1108/OXAN-DB206415
ISSN: 2633-304X
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However, the unexpected downgrade of Poland by Standard & Poor's (S&P) on January 15 has focused attention on the financial and economic policy stance of the Law and Justice (PiS…
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DOI: 10.1108/OXAN-DB208166
ISSN: 2633-304X
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Kenya has been rocked by a string of corruption scandals in government institutions over recent weeks. The episode has served as a powerful reminder to both ordinary Kenyans and…
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DOI: 10.1108/OXAN-DB235347
ISSN: 2633-304X
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Although the bank has acted on various fronts to support the economy, including a limited bond-buying programme, it continues to resist calls for full-blown quantitative easing…
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DOI: 10.1108/OXAN-DB254234
ISSN: 2633-304X
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However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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Zimbabwe economic update.
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DOI: 10.1108/OXAN-DB232117
ISSN: 2633-304X
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Fiscal pressures are causing controversy in Puerto Rico, but so too is fiscal policy-making. On July 5, Governor Ricardo Rossello announced that he would seek a court injunction…
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DOI: 10.1108/OXAN-DB236100
ISSN: 2633-304X
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Leading politicians have called for the cancellation for the Nord Stream 2 (NS2) natural gas pipeline from Russia to Germany, while NATO and the EU are considering fresh sanctions…
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DOI: 10.1108/OXAN-DB256544
ISSN: 2633-304X
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Financial markets are betting that ending the Law and Justice (PiS) party’s eight-year rule will help unlock EU funds, strengthen Poland’s institutions and increase its…