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However, the country has a dual labour market with an informal sector in which millions of Mexicans work, without written contracts, guarantees to basic rights or social security…
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DOI: 10.1108/OXAN-DB278299
ISSN: 2633-304X
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The plan avoids new taxes on individuals, instead increasing the fiscal burden on firms. The proposed measures aim to generate COP15.2tn (USD3.9bn) in new revenue, which would be…
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DOI: 10.1108/OXAN-DB263071
ISSN: 2633-304X
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Thanks to early evacuations, there were no deaths or injuries, but thousands were displaced and perhaps 10% of the 110,000 residents made homeless. Significant support was…
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DOI: 10.1108/OXAN-DB261459
ISSN: 2633-304X
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The pandemic appears to have further increased the size of Peru’s large informal sector, in which productivity and remuneration are both low. Earlier economic growth did not feed…
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DOI: 10.1108/OXAN-DB264124
ISSN: 2633-304X
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Geographic
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The better economic scenario reflects the lingering benefits of lifting COVID-19-related restrictions, higher global prices for Brazil’s commodity exports and government stimulus…
The result, which follows an identical full-year expansion in 2017, means Brazil is stuck in an anaemic recovery following one of its deepest-ever recessions, in 2015-16…