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Reforms will not solve Mexico pension challenges

Location:

MEXICO

The rules governing both management of and payouts from private retirement funds (AFORES) are being revised substantially, and employers are footing the bill.

Romanian fiscal and external deficits will remain wide

Location:

ROMANIA

Romania is among the member states liable to the EDP. Although its debt is relatively low at 47.9% of GDP, Romania has wide budget and current account deficits, yet its tax-to-GDP…

Chile inequality debate will drive tax reform demands

Location:

CHILE

Although both the bill’s legislative future and the amount it would raise are uncertain, it reflects ever more explicit class polarisation and anger over inequalities.

Pandemic to worsen Costa Rica’s weak fiscal position

Location:

COSTA RICA

Transport and hospitality have been the hardest-hit sectors, posting plunges of more than 15 percentage points in July-September against the same period in 2019. Household…

COVID-19 to compound Nicaragua’s economic woes

Location:

NICARAGUA

Economic troubles.

Bolivia inequality progress may be slow to recover

Location:

BOLIVIA

The success is reducing the Gini coefficient from 0.61 in 2002 was based mainly on reducing poverty through greater state investment and increased employment, rather than measures…

Pandemic will hit Costa Rica’s welfare systems

Location:

COSTA RICA

A strong healthcare system together with early implementation of social distancing measures and social assistance support has kept contagion levels low. The crisis is nevertheless…

France’s Macron seeks to relaunch economic reforms

Location:

FRANCE

Among those policies are measures targeted at youth unemployment and social care for older people, aimed at attracting left-wing support. Most importantly, Macron has committed to…

Romania aims to contain pandemic for December election

Location:

ROMANIA

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

Romania hopes to surmount virus’s expected second wave

Location:

ROMANIA

Government measures to support workers and companies seem to have worked. With closer state-corporate dialogue established, surveys and some data give grounds for measured…