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COVID-19 shocks point to recession in Latin America

Location:

LATIN AMERICA

The economic impact of COVID-19.

Guatemala’s economy on the way to recovery

Location:

GUATEMALA

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…

Ecuador deal will help long-term debt sustainability

Location:

ECUADOR

COVID-19 lockdown measures and low oil prices are weighing on the economy, which the IMF expects to contract by 6.7% this year. According to the IMF, Ecuador’s gross financing…

Dominican Republic on track for a robust recovery

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DOMINICAN REPUBLIC

In comparison with 2019 output figures, the 2021 GDP increase amounts to 4.7%, reflecting a real reactivation of the economy rather than merely a statistical rebound, as seen in…

Costa Rica’s economy looks set for a strong recovery

Location:

COSTA RICA

GDP posted growth of 9.4% year-on-year in the second quarter, the highest rate in 23 years. According to high-frequency data, economic recovery appears to have continued between…

Shallower recession will not boost Russia's GDP hopes

Location:

RUSSIA

The ministry's optimism is based on a recovery in global oil prices, the limited effects of COVID-19 lockdown measures on industries and businesses, and a rebound in domestic…

Pandemic frustrations will drive Panama discontent

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PANAMA

The COVID-19 crisis has prompted a sharp decline in revenues. The fiscal crunch and related austerity measures are driving mounting popular dissatisfaction with the government…

Post-virus downturn could hurt Hungary’s government

Location:

HUNGARY

The pandemic has strengthened Prime Minister Viktor Orban’s position in the short term. However, the government has done little on the economic front; a conservative stimulus…

Inadequate policies will deepen Mexico COVID-19 blow

Location:

MEXICO

A lack of testing may have led to an underestimation of infections, but with a population of 130 million, Mexico appears relatively unscathed by the pandemic so far. The virus…

COVID-19 crisis will test Ghanaian fiscal discipline

Location:

GHANA

Ghanaian economic shocks.