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Brazil labour market improves but doubts will persist

Location:

BRAZIL

Unemployment fell to 7.4% at the end of 2023. Despite a fall in the participation rate, the positive figures also show that over 100 million people are currently employed…

Income inequality will worsen in Taiwan

Location:

TAIWAN

A widening income gap, coupled with a sluggish economy over the past two years, will be a disadvantage for the ruling Democratic Progressive Party in Taiwan’s presidential…

Inequality will rise in China despite policy push

Location:

CHINA

The COVID-19 pandemic has exacerbated inequality, according to official data. Divergence across income brackets has risen, with low- and middle-income households having been hit…

China's consumption growth will slow

Location:

CHINA

Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…

No end in sight for Japan’s economic stagnation

Location:

JAPAN

Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…

Japan will become more internationally competitive

Location:

JAPAN

In the 1980s, the country's high-cost and high-price economy was much discussed. Decades later, Japan looks like a comparatively low-cost, low-price and low-income developed…

Inequality will have long-term impact in Latin America

Location:

LATIN AMERICA

Income inequality has also gone hand in hand with low social mobility and large disparities in wealth distribution. Reducing inequality remains complicated due to the economic…

Latin American remittances growth will slow this year

Location:

LATIN AMERICA

Despite the slowdown, growth in remittances in 2022 still reached double digits. This was mainly due to the strength of the labour market in the United States, where the majority…

Prospects for the global economy in H2 2023

Location:

PROSPECTS H2 2023

Labour and housing markets are slowing very gradually, but the strength of services is preventing a faster fall in headline inflation. The pass-through effects of interest-rate…

El Nino farming stress will have wide economic impacts

Location:

INTERNATIONAL

This irregular weather phenomenon appears ahead of the southern hemisphere spring growing season, disrupting harvests by creating untypically severe aridity or wetness. No two El…