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Events
Databanks
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Argentina databank Nov 12
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Brazil Economics databank Nov 17
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Central America databank Oct 29
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Chile databank Oct 29
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China databank Mar 21
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Colombia databank Nov 6
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Dominican Republic databank Nov 21
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Ecuador databank Nov 20
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Gulf Countries databank Nov 21
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Hungary databank Oct 17
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India databank Jun 26
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Mexico databank Oct 21
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Panama databank Nov 12
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Peru databank Nov 4
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Philippines databank Nov 7
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Poland databank Nov 3
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Russia Economics databank Nov 14
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South Africa databank Nov 3
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Turkey databank Oct 27
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Ukraine databank Nov 10
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Venezuela databank Nov 3
NEWS FLASH
UPCOMING WEBINAR - LATIN AMERICA IN 2026: INFLATION, POLICY AND POLITIC...
COUNTRY INSIGHTS
“You wanted elections? Here you have your elections!"
VENEZUELA · Report · 05 May 2017 · 2 responses
Those were Maduro’s derisive words when presenting his decree calling for a National Constituent Assembly to the National Electoral Council on May 4. Maduro seeks to escape pressures by creating a new political legitimacy that will allow him and his group to remain in power. Since he is unable...
Growing Anti-Corruption Movement Pressures the President
DOMINICAN REPUBLIC · Report · 04 May 2017 · 1 response
The anti-corruption movement known as the Green March is growing in size and strength, and the government is feeling the heat. Protestors are demanding that investigations accelerate, and have accused the Attorney General of negligence, bias and taking orders from President Danilo Medina and his ...
The Road to November 2019
TURKEY · Presentation · 04 May 2017
Turkey will retain its current policy settings through the November 2019 general elections. Theoretically, Erdogan could initiate a substantive change in course, but in practice, he faces insurmountable challenges. Trend growth appears to be slowing due to lack of reform, lack of inflows, too mu...
The State of the Economy
INDIA · Presentation · 04 May 2017
Microdata on firms show reason for optimism, but there is concern about credit stress, and the banking crisis continues unabated. On monetary policy, we are still in the early days of the inflation-targeting framework, and the RBI has yet to feel the difficulties of meeting an inflation target.
The Narrow Bridge to 2018
BRAZIL POLITICS · Presentation · 04 May 2017
Brazil’s politics are showing substantial upside, including the strongest coalition government since FHC 1, a strong economic team and progress on the reform agenda. However, challenges remain: the Car Wash investigation continues to impact politics and business, and economic recovery has been sl...
Credit Expansion, Interest Rates and the RMB: China’s Policy Choices
CHINA FINANCIAL · Presentation · 04 May 2017
Although first quarter data was seen by many as confirming the new optimism, it does no such thing. The increase in Total Social Funding (a wide and more accurate measure of credit used by the PBOC) was higher than expected. The way in which China’s debt burden is resolved is key to its adjustmen...
An Economy threatened by Protectionism and Uncertainty
MEXICO · Presentation · 04 May 2017
Mexico’s economic perspectives have improved compared to the start of the year, but uncertainty remains high. US protectionism is a real threat, although markets can compensate for the negative effects. Private consumption seems to be holding in early 2017, but some decelerating factors will inte...
Policy Uncertainty Derailing SA Economic Recovery
SOUTH AFRICA · Presentation · 04 May 2017
The SA economy is afflicted by structural blockages as well as high political and policy uncertainty. A climate of low confidence for business and consumers is undermining future growth prospects. Currency volatility presents a major upside risk to the inflation outlook; the Reserve Bank is now l...
Promising Prospects Going Forward
INDONESIA · Presentation · 04 May 2017
The global environment remains challenging but Indonesia is slowly rebounding. Investment growth and leading indicators are positive; fiscal policy is pro-growth, supported by a healthy fiscal balance; and structural reforms are progressing. The country’s long-term prospects are bright but challe...
Prosperity and Sustainability: Problems, Fact and Illusions
HUNGARY · Presentation · 04 May 2017
While the commitment to improve macro equilibrium and financial stability is strong, the country faces issues that are hampering stronger growth. These include low fixed investment, investor-unfriendly policies, a shrinking labor pool and unsustainably high wages, an exchange rate dilemma and the...
Substitute tax proposal expected to yield less
PHILIPPINES · In Brief · 04 May 2017
The Department of Finance (DoF) today released a statement to the media reporting that the House ways and means committee passed yesterday a substitute tax reform measure that “only had moderate changes” from the DoF proposal. The longish statement, posted on its website, details the specific fea...
Consumption Remains the Star of GDP Growth, While the 2017 Electoral Panorama Tightens
MEXICO · Report · 03 May 2017
The economic data released over the course of April offers encouraging signs of continuing growth in certain areas of the economy, but also potential harbingers of a slowdown that might emerge in future months. The Global Index of Economic Activity (IGAE) for February showed the economy grew ...
April Inflation Broadly As Expected
TURKEY · Report · 03 May 2017 · 1 response
Consumer prices rose by 1.3% in April, broadly as expected, taking the 12-month rate up to just under 12% (11.9%), from 11.3% in March. Likewise, 12-month producer prices rose further to 16.4% in April, from 16.1% a month earlier, suggesting cost push pressures continue (Table 1; Graph 1). The s...
Economic Activity: Has Any Monetary Policy Signal Changed?
BRAZIL ECONOMICS · Report · 02 May 2017
What really matters for the Central Bank to maintain the strong monetary easing cycle? One condition is approval of a pension reform that consolidates the picture of lower risks, preventing the exchange rate from depreciating. However, both the size of the cycle and the magnitude of the next cuts...
Datafolha reveals popular disapproval of reforms
BRAZIL POLITICS · Report · 02 May 2017 · 1 response
A poll released on Monday, May 1, by Datafolha shows sharp disapproval of the Michel Temer administration’s agenda of reforms. The poor opinion of the planned overhaul of the pension and labor areas can be explained by many factors.