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Zimbabwe may struggle to resolve its economic crisis

Location:

ZIMBABWE

This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…

Bank of Mexico governor nomination sparks uncertainty

Location:

MEXICO

AMLO initially nominated Arturo Herrera for the role in June, replacing him as finance minister with Rogelio Ramirez de la O. Incumbent Governor Alejandro Diaz de Leon will stand…

Poor outlook drives fiscal expansion in Argentina

Location:

ARGENTINA

Soon after taking office, President Mauricio Macri announced a "rain of new investments" from foreign companies attracted by the business-friendly tone set by his administration…

China supplants Fed as main risk to EMs

Location:

INTERNATIONAL

While futures markets are assigning a 28% probability to a rate hike this month, emerging markets (EMs) are likely to remain under strain regardless of whether the Fed tightens…

Azerbaijan faces hard search for new growth drivers

Location:

AZERBAIJAN

The government wants to develop non-hydrocarbon sectors to offset the growth and fiscal problems stemming from lower global oil prices. The economy contracted in 2016 for a second…

Myanmar junta may weaken but will not make concessions

Location:

MYANMAR

ASEAN’s ‘Five-Point Consensus’ plan to ease the fallout from the 2021 coup shows no signs of making progress, and Cambodia -- the group’s 2022 chair -- has stopped advocating…

Free-floating tenge will not stop Kazakhstani downturn

Location:

KAZAKHSTAN

Kazakhstan's exchange rate regime.

Argentine economic shifts will not bring rapid relief

Location:

ARGENTINA

In his first month in office, President Mauricio Macri made substantial progress in removing controls implemented by the former administration. The new government liberalised the…

Mexico’s external deficits increase but are manageable

Location:

MEXICO

Inflows of foreign direct investment (FDI) and remittances should nevertheless finance such deficits comfortably. The Bank of Mexico (Banxico) also holds a substantial stock of…

Politics may compound Sudan’s economic crisis

Location:

SUDAN

This follows a major devaluation of the Sudanese pound in early October, which the government hopes can stabilise runaway inflation and lure foreign currency back into circulation…