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Bachelet is beset by low approval ratings, in sharp contrast with her popularity at the end of her first term (2006-10). In response, she sought to claim a place in history by…
That followed a primary surplus equivalent to 0.5% of GDP in 2022. The negative result in 2023 was partly caused by exceptional circumstances, notably the early payment of…
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DOI: 10.1108/OXAN-DB285159
ISSN: 2633-304X
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Outlook for the coalition and the government's reform programme.
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DOI: 10.1108/OXAN-DB201664
ISSN: 2633-304X
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The measures, presented by the government in August, envisage taxing “exclusive closed-end funds” belonging to individuals resident in Brazil (often just one investor or their…
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DOI: 10.1108/OXAN-DB282440
ISSN: 2633-304X
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Expectations for 2024 suggest lower inflation than last year, but risks persist. The OECD forecasts moderate GDP growth, highlighting inflation and interest rate concerns. Minimum…
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DOI: 10.1108/OXAN-DB284490
ISSN: 2633-304X
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Subnational governments and decentralisation.
Bolsonaro’s popularity gains come despite the impact of COVID-19 and an economy hit hard by the pandemic, a serious wildfire crisis and multiple scandals involving his family and…
The lifting of export taxes and the recession have already undermined the government's goal of reducing the fiscal deficit: in 2016 the primary deficit-to-GDP ratio will be even…
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DOI: 10.1108/OXAN-DB216585
ISSN: 2633-304X
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Tensions between the state and society have increased following the fall of world oil prices. Less oil revenue has forced the government to attempt to raise taxes on households…
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DOI: 10.1108/OXAN-DB201491
ISSN: 2633-304X
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The legislation’s smooth journey through Congress illustrates the pragmatic relationship Noboa has established with the legislature. This, however, will be difficult to maintain…