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The balance of power will favour US workers into 2023

Location:

US

Last year, employee resistance, reinforced by tight labour markets, frustrated employer hopes for a return to the office. This year, employers are reluctantly accepting that…

Azerbaijan needs diversification despite gas growth

Location:

AZERBAIJAN

The slump was caused by low oil prices and left a legacy of higher debt and banking fragility. The slowdown pushed the government into reviewing the fiscal framework and placing…

Hungary’s corruption will impede economic development

Location:

HUNGARY

That amounts to 8.7% of GDP. Abuse of public procurement due to cronyism has become an integral part of the Orban government, with the transfer of huge amounts of public funds…

Saudi economic reform will be gradual

Location:

SAUDI ARABIA

The government has recently taken some modest steps to rein in the budget deficit, including cuts in energy subsidies, and has promised to improve disclosure of its fiscal…

Sudan's economic reform will prove challenging

Location:

SUDAN

Bringing tangible improvements to the economy will be a major challenge for Sudan’s new transitional government. Economic hardship and anger over perceived government corruption…

Argentina-IMF deal may offer only short-term solution

Location:

ARGENTINA

The deal must still be approved by the Senate and by the IMF Board. This must happen before March 22 to avoid a default on a USD3.2bn repayment due on that date, which the…

External conditions add to Georgian economic growth

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GEORGIA

Georgia's positive economic outlook.

Post-poll turmoil may worsen Pakistan’s economic woes

Location:

PAKISTAN

The elections, resulting in a fractured mandate and marred by allegations of rigging, have increased polarisation. Separately, Pakistan’s nine-month, roughly USD3bn Stand-By…

Panama’s economic growth may slow but will continue

Location:

PANAMA

The economy nevertheless still saw growth of 9.8% year-on-year, underpinned largely by the transportation and communications, commerce, construction and manufacturing sectors…

Armenian government faces fiscal and growth challenges

Location:

ARMENIA

Armenian economic update.