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1 – 10 of 43The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
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 new rules, which include steeper taxes on foreign purchases of existing domestic properties, are part of a Labor strategy intended to free up more housing stock. The…
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DOI: 10.1108/OXAN-DB284915
ISSN: 2633-304X
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Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…
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DOI: 10.1108/OXAN-DB283437
ISSN: 2633-304X
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The IMF forecast assumes UK interest rates peak at 6.0% (from 5.25% currently), and linger at 4.0-4.25% through to 2028. The IMF’s forecasts are similar to those of the Bank of…
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DOI: 10.1108/OXAN-DB282782
ISSN: 2633-304X
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This was higher than the annual rates recorded during the pre-2008 boom, and comfortably above 2022 inflation. Property prices are rising because of a combination of low interest…
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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This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…
The government of Prime Minister Justin Trudeau has previously emphasised spending but, amid high inflation and consequent high interest rates, Freeland stressed the need for…
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DOI: 10.1108/OXAN-DB273987
ISSN: 2633-304X
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The CEWC is one of the most important arenas for the top leadership to set the economic policy direction for the coming year. The authorities stopped short of relaxing property…