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Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

A full public debt restructuring overhaul is unlikely

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INTERNATIONAL

The stock of EM debt has multiplied since 2000, accompanied by legal difficulties for borrowers falling into distress. Some economists are calling for a complete overhaul of the…

Global CSR rethink is likely ahead

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INTERNATIONAL

Outlook for corporate social responsibility.

State intervention in UK economy could increase

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UNITED KINGDOM

COVID-19 UK economic impact.

Hungarian businesses are in hiring mood again

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HUNGARY

Overall labour market figures have improved considerably in the past decade, and the traditionally low employment rate has now risen above the EU average. However, the…

More Turks could lose jobs as COVID-19 plays out

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TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

Hungary’s pandemic measures will entrench ruling party

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HUNGARY

While the government's communications focus on how to stop the pandemic and make the economy more resilient, some of its recent spending decisions seem unrelated to tackling…

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…

South Africa’s government faces major tax dilemmas

Location:

SOUTH AFRICA

Wealth, inheritance and ‘solidarity’ taxes are being considered -- with the latter recently flagged as one solution to pay for COVID-19 vaccine procurement and pandemic-related…