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Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.
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DOI: 10.1108/OXAN-DB253988
ISSN: 2633-304X
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Lockdowns to contain the spread of COVID-19 have slowed economic activity. Throughout Central, Eastern and South-eastern Europe (CESEE), there were major portfolio outflows in…
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DOI: 10.1108/OXAN-DB253726
ISSN: 2633-304X
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In response to the new macroeconomic realities, the government put on hold the fiscal consolidation plans it announced earlier and allocated 4.4 trillion tenge (10.1 billion…
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DOI: 10.1108/OXAN-DB251896
ISSN: 2633-304X
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With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…
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DOI: 10.1108/OXAN-DB256710
ISSN: 2633-304X
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Geographic
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Economic recovery is nevertheless weak, marked by a liquidity crisis, shortages and inflation. Monetary reform has not stabilised the Cuban peso and, while a heavy-handed response…