Search results
1 – 9 of 9Whereas 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…
Details
DOI: 10.1108/OXAN-DB253864
ISSN: 2633-304X
Keywords
Geographic
Topical
The coalition has been in office since October 2017 under Prime Minister Jacinda Ardern. This budget combines fiscal restraint with increased social, foreign affairs and aid…
Details
DOI: 10.1108/OXAN-DB233906
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…
Details
DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
Keywords
Geographic
Topical
Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…
Details
DOI: 10.1108/OXAN-DB270224
ISSN: 2633-304X
Keywords
Geographic
Topical
Public investment halved in comparison with 2019 while on the supply side, mining, manufacturing and construction posted major slumps. All sectors contributed to the overall…
Details
DOI: 10.1108/OXAN-DB261795
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…
This is helping to insulate them from immediate political pressures relating to the pandemic crisis, but their hopes for spurring long-term economic recovery depend greatly on…
Details
DOI: 10.1108/OXAN-DB253198
ISSN: 2633-304X
Keywords
Geographic
Topical
This follows an earlier downgrade from Fitch. Morocco’s principal exports -- automotive, phosphates and tourism in particular -- are vulnerable to global market volatility…
Details
DOI: 10.1108/OXAN-DB261231
ISSN: 2633-304X
Keywords
Geographic
Topical
Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…