Search results

Militarisation will cause rising distortions in Russia

Location:

RUSSIA

Record levels of defence spending have led to surging demand for inputs used to manufacture military equipment, driving up output across various sectors. However, evidence of…

New IGR will add to concerns about labour productivity

Location:

AUSTRALIA

The Labor government brought forward this IGR, which appears only two years after the 2021 edition rather than the usual five, suggesting that its multi-decade perspective would…

Romania will not meet OECD goals by date set

Location:

ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…

Basic Policy signals Tokyo’s economic direction

Location:

JAPAN

These policies also foster communication between government and business, labour unions and other stakeholders. Continuity of policy is matched this year by adjustment in response…

High employment and low wages will curb Russian growth

Location:

RUSSIA

In defiance of expectations following the imposition of severe sanctions, the unemployment rate has hovered around 3.2%. Yet rather than a sign of resilience, low unemployment…

Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

South Africa may struggle to deliver a credible budget

Location:

SOUTH AFRICA

Facing major shortfalls in tax collections, the Treasury has therefore requested government departments to implement immediate spending cuts and has recommended far-reaching…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

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…

Inequality will rise in China despite policy push

Location:

CHINA

The COVID-19 pandemic has exacerbated inequality, according to official data. Divergence across income brackets has risen, with low- and middle-income households having been hit…

Guinean junta repression may jeopardise transition

Location:

GUINEA

This followed the violent repression on September 4 of anti-junta protests organised under the banner of the Vital Forces of Guinea (FVG) opposition alliance. The junta, led by…