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The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.
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DOI: 10.1108/OXAN-DB286625
ISSN: 2633-304X
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The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…
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DOI: 10.1108/OXAN-DB285741
ISSN: 2633-304X
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Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…
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DOI: 10.1108/OXAN-DB285730
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 theme it has chosen for its chairmanship is ‘enhancing connectivity and resilience’. The reference to ‘resilience’ is apt, as Laos is attempting to manage severe economic…
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DOI: 10.1108/OXAN-DB284173
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
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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RUSSIA: Moscow will target inflation before election
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DOI: 10.1108/OXAN-ES284560
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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RUSSIA: CBR rate hike unlikely to strengthen ruble