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1 – 10 of 127According to the Fund, the country is undergoing a gradual and sustained economic recovery for the first time in a decade, building on the estimated 2.1% growth in GDP in 2023 and…
In an attempt to quell popular anger over soaring prices, Havana has imposed price caps on the private sector for six basic consumer goods. This may help fight inflation somewhat…
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DOI: 10.1108/OXAN-DB288398
ISSN: 2633-304X
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His Modern Revolutionary Party (PRM) did similarly well, securing its largest-ever Senate majority and taking a majority in the Chamber of Deputies. Success was built on a strong…
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DOI: 10.1108/OXAN-DB287382
ISSN: 2633-304X
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Real GDP surged by 15% in 2021 and 12% in 2022, then by 4% in 2023. With inflation easing, risks of social instability have probably fallen over the past year, but growth looks…
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DOI: 10.1108/OXAN-DB285253
ISSN: 2633-304X
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However, problems with the count have delayed an official result. Bukele, who has already served nearly a full term as president, circumvented a constitutional ban on re-election…
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DOI: 10.1108/OXAN-DB285141
ISSN: 2633-304X
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The relative sluggishness is due partly to the delayed impacts of financial tightening and reduced global demand. While domestic demand has been the primary engine of growth, the…
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DOI: 10.1108/OXAN-DB284178
ISSN: 2633-304X
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Both the IMF and the UN Economic Commission for Latin America and the Caribbean forecast growth of 2.0% this year, driven by tourism. Tourism accounts indirectly for almost 40% of…
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DOI: 10.1108/OXAN-DB275764
ISSN: 2633-304X
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At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…
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DOI: 10.1108/OXAN-DB281234
ISSN: 2633-304X
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A successful COVID-19 vaccine rollout allowed for a speedy reopening of Dominican tourism, pleasing business elites, while an anti-corruption agenda has placated a public which…
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DOI: 10.1108/OXAN-DB275126
ISSN: 2633-304X
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The government closed the borders in December to avoid further spread of COVID-19, subsequently extending the closure through January. The move implied the loss of the entire…