Search results
1 – 10 of 56Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…
Details
DOI: 10.1108/OXAN-DB287954
ISSN: 2633-304X
Keywords
Geographic
Topical
Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
Details
DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
Keywords
Geographic
Topical
A 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…
Details
DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
Keywords
Geographic
Topical
The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…
Details
DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
Keywords
Geographic
Topical
Russia’s invasion of Ukraine cut the supply of major staples to the Baltic states and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia). Local factors, such as import…
Details
DOI: 10.1108/OXAN-DB275141
ISSN: 2633-304X
Keywords
Geographic
Topical
Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
Details
DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
Keywords
Geographic
Topical
Despite the short-term improvement in the fiscal position, the budget does not make major changes to macroeconomic policy or reverse planned tax increases. Instead, the government…
Details
DOI: 10.1108/OXAN-DB278067
ISSN: 2633-304X
Keywords
Geographic
Topical
ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.