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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.
The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…
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DOI: 10.1108/OXAN-DB286714
ISSN: 2633-304X
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The move by non-tenure-track faculty and post-doctoral researchers came two months after Claudine Gay resigned under pressure as the university’s president. The two developments…
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DOI: 10.1108/OXAN-DB286015
ISSN: 2633-304X
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Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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A Central Bank regulation reaffirming the euro as sole legal tender has alarmed Kosovo’s Serbs who see it as a direct threat to their existence and is jeopardising already complex…
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DOI: 10.1108/OXAN-DB285888
ISSN: 2633-304X
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Geographic
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Near-stagnation in wages is difficult to reconcile with reports of a very tight labour market in which firms struggle to hire. The answer lies partly in much higher levels of…
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DOI: 10.1108/OXAN-DB285105
ISSN: 2633-304X
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Geographic
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Curbing migration across the US southern border has become a major source of bipartisan tension, but often lost in the political arguments is the extent to which migrants are…
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DOI: 10.1108/OXAN-DB285402
ISSN: 2633-304X
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President Yoon Suk-yeol’s administration aims to remedy a chronic shortage of doctors in South Korea. Public opinion is firmly behind Yoon, but the KMA has enjoyed past success in…
Unemployment fell to 7.4% at the end of 2023. Despite a fall in the participation rate, the positive figures also show that over 100 million people are currently employed…
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DOI: 10.1108/OXAN-DB285846
ISSN: 2633-304X
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Geographic
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Prime Minister Sheikh Hasina’s Awami League (AL), which aims to secure a fourth consecutive term, is under pressure to ensure a genuine contest with high voter turnout. The main…