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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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The country’s poverty rate stood at 52.4% in 2020 according to the World Bank, a 5-percentage-point increase on the level prior to the COVID-19 pandemic. The World Bank…
This year started with a contraction of first-quarter GDP, after two years of very slow growth. Industrial output contracted as well. As world oil prices have dropped, Belarus no…
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DOI: 10.1108/OXAN-DB200644
ISSN: 2633-304X
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ARGENTINA: Anti-inflation moves will not ease crisis
The non-party government of former EU Commissioner Dacian Ciolos took office on November 17 after the Ponta government stood down. Much of the previous administration's budget…
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DOI: 10.1108/OXAN-DB207237
ISSN: 2633-304X
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The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…
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DOI: 10.1108/OXAN-DB263250
ISSN: 2633-304X
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Nairobi cancelled a bond sale last year; it has 17 months to rebuild its credibility with investors before seeking to refinance a USD2bn Eurobond.
The statistical office’s provisional estimate surpassed expectations and confirmed that Poland’s diversified economy, backed by government measures, had weathered the supply…
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DOI: 10.1108/OXAN-DB276595
ISSN: 2633-304X
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Low oil price impact on Maghreb states.
Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…