From Turbulence to Stability: Australia’s Economic Resurgence Australia’s economy, primarily driven by its resource-based exports and a well-developed services sector, is expected to experience a deceleration in GDP growth in 2023. This can be attributed to the tightening of monetary policy, which will adversely affect private consumption and investment. While private investment in the housing […]| OOSGA
Vietnam’s economy has been growing rapidly despite the ongoing Sino-US trade war. The transfer of manufacturing supply chains from China to Vietnam has been a| OOSGA
Japan’s economic performance during the 1990s was disappointing due to the prolonged deflationary adjustment that occurred after the economic bubble burst in 1990-91. Productivity suffered during this time, reflecting labor market rigidities and over-investment in the late 1980s. Though growth surged from 2003-07 thanks to demand from China and other emerging markets, the global financial crisis of 2008-09 and the 2011 earthquake and tsunami dealt a significant blow. Japan’s status as an ...| OOSGA