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ASEAN: Rough estimates of cost-push inflation from the ‘oil price shock’
The ‘oil price shock’ resulting from the illegal war on Iran has resulted in cost-push inflation. In many economies it is a stagflationary shock from the outset, due to shortages not just of oil and gas, but of packaging materials (which use petrochemicals), fertilizer and aluminum. In some ASEAN economies, prices have risen and there…
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ASEAN’s value chain exposure to GCC
Economies in Asia are very dependent on oil and gas from West Asia (middle-east) and since Asia is also the manufacturing and export engine of the world, very soon the price impacts are going to show up in other parts of the world including in the Rogue Nation. The shock is not just global but…
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ASEAN’s supply chain ‘exposure’ to Saudi Arabia
There are many ways to measure exposure of a particular industry or economy to an industry in another economy. Value exposure is one way; another is to look at the frequency of value chain exposure to an industry in another economy. The OECD pass-through frequency (PTF) database provides information on the latter. I extract information…
ASEAN
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