Search results

China's consumption growth will slow

Location:

CHINA

Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…

US economy myths risk distorting trade policymaking

Location:

UNITED STATES

In reality, US exports and manufacturing output have never been higher. However, less than 9% of the workforce is in manufacturing, and communities and workers have been adversely…

Australia visa changes respond to mounting pressures

Location:

AUSTRALIA

The reforms follow a review of migration policy completed last year which found the current system to be not fit for purpose as many migrants were no longer easing shortages of…

India budget shows commitment to fiscal prudence

Location:

INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

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…

China’s economic targets will get trickier to achieve

Location:

CHINA

The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…

Australian income tax changes will have limited impact

Location:

AUSTRALIA

Labor’s changes reduce help for higher earners and instead prioritise workers on low and middle incomes. Parties on the political right have condemned the move, but opinion polls…

Brazil labour market improves but doubts will persist

Location:

BRAZIL

Unemployment fell to 7.4% at the end of 2023. Despite a fall in the participation rate, the positive figures also show that over 100 million people are currently employed…

US ports inefficiencies are adding to logistics costs

Location:

US

Ports are key links in US supply chains and, as part of the broader logistics sector, have a significant role in job creation and fostering regional economic development. However…