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Clean energy brings Latin American hopes and obstacles

Location:

LATIN AMERICA

The forecast acceleration in the energy transition provides an opportunity for Latin America to boost growth by producing fuels, materials and products used to drive the adoption…

US oil and gas revival will reach new records in 2024

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UNITED STATES

Unlike earlier booms based on exploiting new fields, US producers are raising production by adopting new technologies, process efficiencies, economies of scale and financial…

Industry needs may prompt East European school reform

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EASTERN EUROPE

PISA measures, internationally, 15-year-olds’ ability to use their reading, mathematics and science knowledge and skills to meet real-life challenges. For the Visegrad Four (V4 -…

Turkey plans for competitive industries, lower imports

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TURKEY

Development plans define what constitutes mainstream social and economic policy in Ankara. This plan lays out the intentions of President Recep Tayyip Erdogan’s Justice and…

Riyadh will edge into a more visible role in Africa

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SAUDI ARABIA

Hosting the inaugural Saudi-Africa summit in November, Riyadh pledged to invest USD25bn, provide USD10bn in export finance and commit USD5bn billion to development projects by the…

New Brazil industrial plan will face uncertainties

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BRAZIL

The plan covers six priority areas: agro-industry, health, infrastructure and mobility, digital transformation, bio-economy and defence. Most of the BRL300bn (USD60bn) in…

Prospects for Sub-Saharan African economies in 2024

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PROSPECTS 2024

Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…

Japan’s agricultural exports will increase

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JAPAN

Although agriculture accounts for less than 1% of Japan’s GDP and total employment, its development has come into the focus of public attention amid rising food security concerns.

Higher oil prices are not benefiting African exporters

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AFRICA

African oil output has fallen in recent years, hitting government revenues, external balances and credit ratings. Meanwhile, debt servicing costs have risen. With investors more…

Romania will not meet OECD goals by date set

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ROMANIA

The government regards joining the OECD as a national objective. Having opened accession negotiations in January 2022 and received its roadmap that June, the publication last…