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Prospects for East Asia (ex-China) in 2024

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PROSPECTS 2024

Inflation remains a problem, though there has been a tourism surge. South Korean President Yoon Suk-yeol’s approval ratings remain low, with the opposition winning a key…

Seoul's rate hike and stimulus strike a balancing act

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SOUTH KOREA

The central bank governor has signalled further tightening ahead. The economy is on track this year to exceed the 2019 level. The government has drafted a record budget that will…

Warsaw's ambitious growth plan's funding is weak link

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POLAND

The government's plan for infrastructure-led growth.

Gulf prime ministers’ roles will ensure the status quo

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GULF STATES

Prime ministers in the Gulf Cooperation Council (GCC) states are part of the ruling families. They often combine the role with that of crown prince or sovereign ministerial…

Economic headwinds will buffet South Korea

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SOUTH KOREA

Unlike during the 1997-98 Asian financial crisis, South Korea now has strong fundamentals to confront external economic and political headwinds. However, President Yoon Suk-yeol…

A close Colombian run-off could prompt fraud claims

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COLOMBIA

With leftist voters firmly behind Petro, more conservative undecided voters may give Hernandez a slight advantage. Colombians abroad are already casting their ballots, meaning…

Despite political headwinds, Qatar’s economy will grow

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QATAR

The fall, which is likely to prove temporary, broke a rising trend. Despite the freeze in relations between Doha and its neighbours, sizeable foreign assets have alleviated…

Candidates promise continuity, not change in Peru

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PERU

The leading candidates for the presidential contest set out their agendas at the annual meeting of business executives (CADE) on December 3-4. The campaign, aggressive and…

Turkey may be edging towards capital controls

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TURKEY

A score below 100 indicates a pessimistic outlook -- the index has not exceeded 100 since March 2018. Increasingly frequent and heavy-handed interventions by the Turkish Central…

New faces will not bring reform in Lesotho

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LESOTHO

The elected parliament will then choose the next prime minister. Prime Minister Moeketsi Majoro is not standing for re-election, nor are former Prime Ministers and political…