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Over the past 30 years (1990-2019), African economies have experienced remarkable improvements in real macroeconomic conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper documents and seeks to explain these changes at...
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The marked turnaround in Russia's foreign trade in 2023 exerted strong downward pressure on the Russian rouble, which … Russian oil depressed prices even further; and on top of all that, Russia lost a large slice of what has historically been its …
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