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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
Topical
Transnistria's economy.
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DOI: 10.1108/OXAN-DB202970
ISSN: 2633-304X
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Geographic
Topical
The currency, which has fallen 14% against the dollar so far this year, fell another 3% in morning European trade, sinking below 70 to the dollar. The rate cut comes after the…
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DOI: 10.1108/OXAN-DB197357
ISSN: 2633-304X
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Geographic
Topical
A growing number of regions face insolvency, threatening national financial stability and requiring immediate solutions from central government. Regional indebtedness has…
The steep fall in global oil prices and rapid spread of COVID-19 have ended hopes of economic revival in 2020. The government has allocated 300 billion rubles (4 billion dollars…
This year started with a contraction of first-quarter GDP, after two years of very slow growth. Industrial output contracted as well. As world oil prices have dropped, Belarus no…
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DOI: 10.1108/OXAN-DB200644
ISSN: 2633-304X
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Geographic
Topical
Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…
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DOI: 10.1108/OXAN-DB279113
ISSN: 2633-304X
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The economy has been unexpectedly resilient under comprehensive economic sanctions imposed by the West. Russia could only provide limited support as its economy had to adjust to…
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DOI: 10.1108/OXAN-DB280552
ISSN: 2633-304X
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Geographic
Topical
Although many countries in Latin America are net food exporters, the fallout from the war in Ukraine is set to have a serious impact on a region already disproportionately…
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DOI: 10.1108/OXAN-DB270927
ISSN: 2633-304X
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Topical
The sanctions amount to a middle-of-the-road approach: leaders agreed to keep Russia in the SWIFT payment system and avoid targeting Russian energy exports. They will not cause…