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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
Millions of Venezuelans have fled their homeland in recent years as living standards have deteriorated rapidly, with the vast majority settling in other South American nations…
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DOI: 10.1108/OXAN-DB286469
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
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In 2021, the last year for which data are available, a record 517,000 robots were installed in manufacturing facilities globally. A new study focusing on the United States finds…
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DOI: 10.1108/OXAN-DB282434
ISSN: 2633-304X
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Geographic
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GERMANY: Electricity subsidies could face backlash
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DOI: 10.1108/OXAN-ES283309
ISSN: 2633-304X
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RUSSIA: Lower productivity will erode living standards
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DOI: 10.1108/OXAN-ES282532
ISSN: 2633-304X
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Geographic
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Productivity gains have historically been higher in the United States than in the euro-area, but US productivity has been highly volatile since 2020. Changes in the first quarter…
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DOI: 10.1108/OXAN-DB280735
ISSN: 2633-304X
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Geographic
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In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…
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DOI: 10.1108/OXAN-DB280931
ISSN: 2633-304X
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Geographic
Topical
Economic growth has been meagre for decades despite increases in the working-age population.
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DOI: 10.1108/OXAN-DB280685
ISSN: 2633-304X
Keywords
Geographic
Topical
Wage growth was subdued in 2022, at 2.8%, even as unemployment declined to 6.7%, as a symptom of productivity growth slowing further since the pandemic. Policy is shifting towards…