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Prospects for Turkey in 2021

Location:

PROSPECTS 2021

Fiscal and monetary stimuli and a policy-induced credit boom have combined with the broad normalisation of social life to contain COVID-19's impact on economic output. However…

Price protests may not bring down Azerbaijani regime

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AZERBAIJAN

Authorities took too long to adjust the exchange-rate regime under pressure from falling oil prices, wasting resources that could have been used to shore up the banking sector…

Inadequate policies will deepen Mexico COVID-19 blow

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MEXICO

A lack of testing may have led to an underestimation of infections, but with a population of 130 million, Mexico appears relatively unscathed by the pandemic so far. The virus…

Many factors will restrict Russia’s recovery in 2023

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RUSSIA

This turnout was a far milder contraction than the many assessments made at the outset of the invasion of Ukraine of its likely impact on the Russian economy. It prompted a public…

Pakistan may struggle to retain IMF’s support

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PAKISTAN

He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…

Prospects for Nigeria in 2021

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PROSPECTS 2021

These shocks will sustain already heightened reform pressures on the government during a period of diminishing public revenue. Security crises across various states and regions…

Ghanaian parties' mixed records face 2020 scrutiny

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GHANA

With general elections 18 months away, the economy is under intensified scrutiny as campaigning begins in earnest. Former President John Mahama (2012-17) was recently endorsed as…

Uzbek reforms are dynamic but rely on leader's drive

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UZBEKISTAN

Since coming to power in 2016, Uzbek President Shavqat Mirzioyev has launched wide-ranging structural and economic reforms. There has been progress on economic change, although…

Iranian government faces severe economic challenges

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IRAN

Subsidies on basic goods and services account for around 12% of total government spending, imposing pressure on the budget without necessarily reaching those Iranians who need…