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The administration of President Andres Manuel Lopez Obrador (AMLO) has been among the more generous, viewing minimum wage increases as a way to boost the incomes of the poor…
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…
GDP growth shows no sign of improving in the short-term.
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DOI: 10.1108/OXAN-DB210999
ISSN: 2633-304X
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The result, which follows an identical full-year expansion in 2017, means Brazil is stuck in an anaemic recovery following one of its deepest-ever recessions, in 2015-16…
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DOI: 10.1108/OXAN-DB242266
ISSN: 2633-304X
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Topical
Indicators bottomed out after April. Most economists now expect GDP to contract by 5.5-6.0% this year, a severe blow to an economy that had yet fully to recover the ground lost in…
COVID-19 impact.
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DOI: 10.1108/OXAN-DB252122
ISSN: 2633-304X
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Geographic
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The move is part of a trade offensive by President Luis Lacalle Pou, who has instructed the foreign ministry to explore possible FTAs with other countries as well. In a region…
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DOI: 10.1108/OXAN-DB264429
ISSN: 2633-304X
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The OECD similarly raised its forecast for Colombia this month to 9.5%, from 7.6% previously. The optimism follows impressive growth of 17.6% and 13.2% year-on-year in the second…
Despite the budget's commitment to social investment reflecting recent growth and post-recessionary optimism, emerging trends in the national and global economy, compounded by the…
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DOI: 10.1108/OXAN-DB239242
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for Colombia in 2022.