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The economic effects were immediate: a sharp outflow of portfolio capital, which generated exchange rate devaluation of 27.3% in three months; a contraction in GDP, driven down by…
The expanding impact of COVID-19.
The region’s current tax and spending policies redistribute very little. The COVID-19 pandemic brought a deep and persistent recession, despite new spending, tax cuts and monetary…
National GDP nevertheless contracted by just 1.5% in 2020 -- less than almost any other country in Latin America. Resilient remittances and exports, coupled with unprecedented…
Details
DOI: 10.1108/OXAN-DB260765
ISSN: 2633-304X
Keywords
Geographic
Topical
Poverty.
The economy is at a crossroads: high unemployment and increasing poverty are generating pressures for greater income transfers, but the delicate fiscal position is generating…
It forecasts that although activity will contract this year, growth in 2021 will be stronger than expected before the pandemic.
Details
DOI: 10.1108/OXAN-DB251802
ISSN: 2633-304X
Keywords
Geographic
Topical
The booming copper industry will stimulate production overall while helping to bolster export earnings and treasury receipts. The Castillo administration has produced proposals…
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DOI: 10.1108/OXAN-DB265609
ISSN: 2633-304X
Keywords
Geographic
Topical
It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…
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DOI: 10.1108/OXAN-DB210194
ISSN: 2633-304X
Keywords
Geographic
Topical
Concerns about the Omicron variant saw twelve states reject Ministry of Education (SEP) calls for in-person pre-primary, primary and lower-secondary classes to resume on January…