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1 – 10 of 48A 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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The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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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 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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Only India and China have higher projections. Indonesia recorded GDP growth of just over 5% year-on-year in January-March, with robust consumer and government spending helping to…
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DOI: 10.1108/OXAN-DB279723
ISSN: 2633-304X
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CZECH REPUBLIC: Caution will suck demand from economy
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DOI: 10.1108/OXAN-ES273777
ISSN: 2633-304X
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The decision reflects doubts over Finance Minister Bruno Le Maire's four-year plan to “chill” state spending and reduce France's accumulated debt from 111.6% of GDP to 108.3% by…
Central-East European (CEE) economies grow faster than most in good times but are more vulnerable in bad times, lacking the political and financial capital and competences to…
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DOI: 10.1108/OXAN-DB274456
ISSN: 2633-304X
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The war delivered a shock to Europe’s post-Cold War order -- its security, peace and stability. Economically, it marks a turn in global trade relations, supply chains and energy…
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DOI: 10.1108/OXAN-DB276436
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…