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For 2023, the market expects a significant slowdown, with growth of around 0.8%. This presents a highly challenging context for President Luiz Inacio Lula da Silva and his finance…
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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However, the political, economic and social reverberations look set to have a significant impact.
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DOI: 10.1108/OXAN-DB253105
ISSN: 2633-304X
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Geographic
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Lasso has promised to maintain the pro-market policies of the last four years, hoping they will revive Ecuador’s stagnant economy as the effects of the COVID-19 pandemic subside…
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DOI: 10.1108/OXAN-DB261380
ISSN: 2633-304X
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Since then, Somalia has launched important economic reforms in a difficult environment characterised by drought and the side-effects of the war in Ukraine. As a new draft budget…
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DOI: 10.1108/OXAN-DB274620
ISSN: 2633-304X
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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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Although both the bill’s legislative future and the amount it would raise are uncertain, it reflects ever more explicit class polarisation and anger over inequalities.
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DOI: 10.1108/OXAN-DB256304
ISSN: 2633-304X
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This step is essential to advancing the country’s economic reform agenda, but it promises to be tricky, putting pressure on inefficient state companies, threatening savings and…
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DOI: 10.1108/OXAN-DB257017
ISSN: 2633-304X
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The booming copper industry will stimulate production overall while helping to bolster export earnings and treasury receipts. The Castillo administration has produced proposals…
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DOI: 10.1108/OXAN-DB265609
ISSN: 2633-304X
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Geographic
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Prospects for emerging economies to end-2016.