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Prospects for Brazil in 2021

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PROSPECTS 2021

After the severe blow that the COVID-19 pandemic represented for an economy still struggling to regain ground lost in the mid-2010s recession, the recovery will likely be only…

Mexican government faces wage conundrum

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MEXICO

The government is under pressure to raise the minimum wage.

Brazil health minister's ouster may boost instability

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BRAZIL

Mandetta had spent the last weeks involved in an increasingly acrimonious confrontation with Bolsonaro over his approach to the COVID-19 crisis. While Mandetta has largely sought…

Threat of a downgrade hangs over Mexico

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MEXICO

Mexico credit outlook downgrades.

Poor productivity will weigh on Mexico’s GDP growth

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MEXICO

While the crisis damaged the economy, compounded by the lack of fiscal response, Mexico has suffered from sluggish growth for the last four decades. Productivity, on average, has…

Peru's productivity challenges will not be resolved

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PERU

A technologically advanced ‘modern’ sector coexists with a ‘traditional’ sector in which productivity is low, technology basic and employment precarious. The government has…

Further Mexico rate reductions look likely

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MEXICO

The move follows reports from the National Institute of Statistics on August 23 that GDP had grown by just 0.02% quarter-on-quarter in the second quarter (Q2) of 2019. With Q1…

Weak Mexican peso may yet bring trade boost

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MEXICO

Mexico's exchange rate and trade outlook.

Earthquake impacts will deepen Haiti's economic woes

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HAITI

A lack of fiscal buffers to mitigate the pandemic’s dramatic consequences has increased Haiti’s dependence on international financial assistance, while a recent earthquake has…

External factors may trigger more Mexican rate hikes

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MEXICO

The hike was double the 25 bp expected by most economists and took place without any similar move from the US Federal Reserve (Fed), increasing the gap between the respective…