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EMDC debt distress.
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DOI: 10.1108/OXAN-DB253173
ISSN: 2633-304X
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The stock of EM debt has multiplied since 2000, accompanied by legal difficulties for borrowers falling into distress. Some economists are calling for a complete overhaul of the…
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DOI: 10.1108/OXAN-DB259074
ISSN: 2633-304X
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Geographic
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The theme it has chosen for its chairmanship is ‘enhancing connectivity and resilience’. The reference to ‘resilience’ is apt, as Laos is attempting to manage severe economic…
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DOI: 10.1108/OXAN-DB284173
ISSN: 2633-304X
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Geographic
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Amid continuing concerns about public spending and debt levels, Laos’s finance ministry in mid-October enacted its largest foreign bond issue yet. An October report by the…
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DOI: 10.1108/OXAN-DB225708
ISSN: 2633-304X
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It is relying on China -- a fellow one party, Marxist-Leninist state -- to help ease its woes. Meanwhile, the ruling Lao People’s Revolutionary Party (LPRP) is preparing for its…
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DOI: 10.1108/OXAN-DB257446
ISSN: 2633-304X
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Geographic
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Phankham Viphavanh succeeds him as prime minister. The country’s reshuffled leadership is entrusted with handling complicated ties with China and Vietnam -- each of which looks to…
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DOI: 10.1108/OXAN-DB260557
ISSN: 2633-304X
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Geographic
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The first-quarter fall, following full-year contractions of 2.5% and 2.2% in 2018 and 2019, includes only the first ten days of the COVID-19-related lockdown, which continues. The…
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DOI: 10.1108/OXAN-DB253483
ISSN: 2633-304X
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The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…
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DOI: 10.1108/OXAN-DB261921
ISSN: 2633-304X
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DOI: 10.1108/OXAN-DB197938
ISSN: 2633-304X
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Geographic
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Gordhan outlined a programme of tax increases for South Africa’s highest-earners, in addition to increased educational and social security spending. The budget attempted to…