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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
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Geographic
Topical
Although the Russian economy is performing well, future growth will be at risk if current imbalances in the labour market are not resolved. Labour policies are being adjusted to…
Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…
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DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
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Geographic
Topical
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
On the international front, India remains embroiled in a border stand-off with strategic rival China. The economy, meanwhile, may be slowly pulling out of its pandemic-related…
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DOI: 10.1108/OXAN-DB257515
ISSN: 2633-304X
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Vladimir Putin is almost certain to run and win, keeping him in power for at least six more years. Neither the war with Ukraine, nor an inflation-strained economy, are likely to…
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DOI: 10.1108/OXAN-DB283426
ISSN: 2633-304X
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Geographic
Topical
The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…