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The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.
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DOI: 10.1108/OXAN-DB287104
ISSN: 2633-304X
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Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…
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DOI: 10.1108/OXAN-DB285498
ISSN: 2633-304X
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The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…
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DOI: 10.1108/OXAN-DB283921
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
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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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National efforts, EU-wide measures, warm weather and low Chinese demand helped them weather the impact of Russia’s invasion of Ukraine, but partly at the expense of progress on…
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DOI: 10.1108/OXAN-DB277919
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…
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DOI: 10.1108/OXAN-DB276546
ISSN: 2633-304X
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The expansion was largely driven by a booming agricultural sector, whose output rose by 21.6%. The services sector, which accounts for around two-thirds of added value in the…
Investment in infrastructure has offered opportunities for economic expansion despite shrinking exports, weak consumption, inflation and high interest rates. Romania’s positive…
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DOI: 10.1108/OXAN-DB275559
ISSN: 2633-304X
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Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…