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"Inclusion through consumption" may buoy Brazil's Lula

Location:

BRAZIL

Poorer households' consumption rose markedly under the centre-left governments of President Luiz Inacio Lula da Silvia (2003-10). Some argue this depoliticised the poor; the new…

Debt programmes may help boost Brazilian consumption

Location:

BRAZIL

In this context, the government has recently launched two debt renegotiation initiatives: “Desenrola Brasil” (Develop Brazil) under the Ministry of Finance and “Renegocia!”…

Argentina spending cuts aim to ease primary deficit

Location:

ARGENTINA

Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…

Rapid recovery will prove elusive in Argentina

Location:

ARGENTINA

The primary surplus (0.6% of GDP) was driven by a 35% real fall in primary spending, which offset a recession-induced 4.5% drop in revenues. Month-on-month inflation has also…

Remittances to Latin America may reach new record

Location:

LATIN AMERICA

Remittance inflows into Latin America.

EU fiscal policy effectiveness can be better shown

Location:

EU

Measures of AIC per capita at purchasing power parities (PPS) show goods and services consumed by households and individuals, an indication of their material welfare. Some of the…

Economic success will elude Macri in Argentina

Location:

ARGENTINA

The 2018 currency crisis left the economy in one of the deepest downturns of the last decade, repeating the cyclical pattern in place since 2011 of one year of growth followed by…

War and sanctions will hit Russian consumer spending

Location:

RUSSIA

The cost will increase pressure on households already experiencing declining real incomes and worrying about the military mobilisation which the government says has taken 300,000…

Russian policy toolkit mixes rate rises and price caps

Location:

RUSSIA

This is high enough to worry the Central Bank of Russia (CBR): inflation has hovered around 4%, the bank's target level, for the last four years. The CBR has responded with…

Lockdown and consumer fears hit Argentine retailers

Location:

ARGENTINA

However, the COVID-19-related lockdown was a heavy blow, especially in the Buenos Aires Metropolitan Area (AMBA). Despite government support measures, the assistance has not…