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Behind this workforce expansion is higher immigration that has allowed considerably more new jobs without raising real wages. Immigration explains some of the strength in…
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DOI: 10.1108/OXAN-DB286716
ISSN: 2633-304X
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Geographic
Topical
ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.
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DOI: 10.1108/OXAN-DB278021
ISSN: 2633-304X
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Geographic
Topical
The surge in inflation this year owes more to supply bottlenecks caused by the release of pent-up demand than to falling unemployment. In the decade before the pandemic, US…
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DOI: 10.1108/OXAN-DB266105
ISSN: 2633-304X
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Geographic
Topical
However, supply is struggling to keep pace with demand, and dislocation effects plus shortages of some critical goods and workers are raising prices. GDP growth forecasts for 2021…
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DOI: 10.1108/OXAN-DB262474
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for the global economy in 2017.