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The MNB is bucking the trend of tighter monetary policy across Central Europe by increasing its range of unconventional tools to keep financial conditions loose. This is despite…
The government in New Zealand, where the market is particularly buoyant, was the first to react in February. It now requires the Reserve Bank to consider house prices when setting…
Economic policy-making.
So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…
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DOI: 10.1108/OXAN-DB260020
ISSN: 2633-304X
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Geographic
Topical
The budget is geared towards boosting living standards ahead of the presidential elections towards the end of the year, in which President Abdelmadjid Tebboune will most likely…
Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…
Prospects for Argentina in 2020.
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DOI: 10.1108/OXAN-DB247769
ISSN: 2633-304X
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Geographic
Topical
Lower spending and a contraction in the monetary base have helped reduce the gap between the official and informal exchange rates and devaluation expectations. The government also…
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DOI: 10.1108/OXAN-DB262544
ISSN: 2633-304X
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Geographic
Topical
This was legislating by decree; the announcement gave few details of the changes from the budget passed in parliament in mid-2022. The announcement did say an increase in the…
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DOI: 10.1108/OXAN-DB275011
ISSN: 2633-304X
Keywords
Geographic
Topical
The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…