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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.
UNITED STATES: Tight job market backs rates caution
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DOI: 10.1108/OXAN-ES285720
ISSN: 2633-304X
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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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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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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…
The invasion of Ukraine is causing strains in Russian society to show, with opposition to another mobilisation and rising appetite for peace talks. The economy is overheating in…
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DOI: 10.1108/OXAN-DB284997
ISSN: 2633-304X
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However, small- and medium-sized enterprises (SMEs) play a significant role in the economy, especially in service industries. They also provide a rising share of new jobs. The…
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DOI: 10.1108/OXAN-DB283915
ISSN: 2633-304X
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Geographic
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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…