Search results
1 – 10 of 78
The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.
Details
DOI: 10.1108/OXAN-DB286471
ISSN: 2633-304X
Keywords
Geographic
Topical
The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…
Details
DOI: 10.1108/OXAN-DB286531
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
GDP appears to have remained flat, quarter-on-quarter, in January-March, while there was a significant fall in industrial production in March and in investor confidence over the…
Details
DOI: 10.1108/OXAN-DB279144
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
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…
Details
DOI: 10.1108/OXAN-DB276777
ISSN: 2633-304X
Keywords
Geographic
Topical
The 2010s was the worst decade for productivity growth since the 1950s, capping living standards and the economy's growth potential. Productivity is the ratio of labour inputs to…
Details
DOI: 10.1108/OXAN-DB272465
ISSN: 2633-304X
Keywords
Geographic
Topical
Real wages are now falling at a record pace and the economy is close to recession. While some of the determining factors of the current low-growth, high-inflation environment are…
Details
DOI: 10.1108/OXAN-DB272870
ISSN: 2633-304X
Keywords
Geographic
Topical
Last year, employee resistance, reinforced by tight labour markets, frustrated employer hopes for a return to the office. This year, employers are reluctantly accepting that…
Details
DOI: 10.1108/OXAN-DB272244
ISSN: 2633-304X
Keywords
Geographic
Topical
The world’s oil majors were slow to recognise the rise of the shale industry, which was driven by smaller independent producers. Now the majors are following the path forged by…