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The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.
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DOI: 10.1108/OXAN-DB287104
ISSN: 2633-304X
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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…
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DOI: 10.1108/OXAN-DB283921
ISSN: 2633-304X
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Development plans define what constitutes mainstream social and economic policy in Ankara. This plan lays out the intentions of President Recep Tayyip Erdogan’s Justice and…
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DOI: 10.1108/OXAN-DB284127
ISSN: 2633-304X
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The economy has recovered somewhat from the one-third contraction in 2022 caused by Russia's invasion. Government spending, mainly on defence, dominates but agriculture has…
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DOI: 10.1108/OXAN-DB283880
ISSN: 2633-304X
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The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…
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DOI: 10.1108/OXAN-DB279750
ISSN: 2633-304X
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Lower wholesale natural gas prices have improved balance-of-payments and fiscal positions and driven down inflation rates in Central Europe (CE). Financial markets are pricing in…
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DOI: 10.1108/OXAN-DB276156
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB273131
ISSN: 2633-304X
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Some countries are dipping into recession, while others are likely to manage modest growth. Their various policy and real-economy responses point to different strengths and…