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Authorities took too long to adjust the exchange-rate regime under pressure from falling oil prices, wasting resources that could have been used to shore up the banking sector…
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DOI: 10.1108/OXAN-DB208130
ISSN: 2633-304X
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Geographic
Topical
The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…
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DOI: 10.1108/OXAN-DB285892
ISSN: 2633-304X
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Geographic
Topical
The trade surplus surpassed USD61bn, and another new record high is expected this year. However, results have been mainly boosted by sharp increases in commodity prices, the…
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DOI: 10.1108/OXAN-DB272938
ISSN: 2633-304X
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Geographic
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The severe drought’s impact on export earnings has fuelled fears of devaluation, increasing exchange pressures and forcing the government to implement further domestic debt swaps…
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DOI: 10.1108/OXAN-DB278451
ISSN: 2633-304X
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Geographic
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The economic effects were immediate: a sharp outflow of portfolio capital, which generated exchange rate devaluation of 27.3% in three months; a contraction in GDP, driven down by…
Implications of a US rates hike for South-east Asian economies.
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DOI: 10.1108/OXAN-DB202700
ISSN: 2633-304X
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Geographic
Topical
In part, this reflects a slump in economic activity because of the COVID-19 pandemic and global policy responses. Yet it also points to a longer-term push to limit foreign…
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DOI: 10.1108/OXAN-DB257743
ISSN: 2633-304X
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Geographic
Topical
Outlook for the trade balance.
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DOI: 10.1108/OXAN-DB213043
ISSN: 2633-304X
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Geographic
Topical
Lourenco took power a month previously and shortly afterwards appointed his first cabinet, with many ministers and state secretaries who served under his predecessor…
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DOI: 10.1108/OXAN-DB225461
ISSN: 2633-304X
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Geographic
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The outlook for provincial debt.