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Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…
The government statement announcing the news alluded to “violations” and “shortcomings” that adversely affected public opinion and the CPV’s reputation. Thuong became president on…
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DOI: 10.1108/OXAN-DB286120
ISSN: 2633-304X
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Officials announced science and technology innovation as the top priority for 2024. The overall tone was supportive of economic growth, with announcements including backing for…
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DOI: 10.1108/OXAN-DB284203
ISSN: 2633-304X
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The Chinese leadership is meeting this month to discuss economic reforms. High-level dialogue with the United States has resumed, allowing the two sides to work on surface-level…
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DOI: 10.1108/OXAN-DB283191
ISSN: 2633-304X
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The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
ISSN: 2633-304X
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The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…
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DOI: 10.1108/OXAN-DB282782
ISSN: 2633-304X
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A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
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DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
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High home ownership has economic benefits but is correlated with high prices. Allied with reduced mortgage availability and higher borrowing costs, this is now exerting a…
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DOI: 10.1108/OXAN-DB289689
ISSN: 2633-304X
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Geographic
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CYPRUS: Economy is to grow steadily