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In March 2020, President Alberto Fernandez announced plans to promote the mining industry, but they were delayed by the pandemic. Argentina is part of the 'lithium triangle', with…
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DOI: 10.1108/OXAN-DB259520
ISSN: 2633-304X
Keywords
Geographic
Topical
High export taxes on the soya complex have encouraged farmers to shift to corn. Rising export earnings will help to strengthen international reserves and tax revenues. Argentina’s…
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DOI: 10.1108/OXAN-DB261520
ISSN: 2633-304X
Keywords
Geographic
Topical
However, he will lack the commodity boom-related revenue that fuelled such programmes. Bolivia has been hit hard by the COVID-19 pandemic; GDP is forecast to contract by between…
Public investment halved in comparison with 2019 while on the supply side, mining, manufacturing and construction posted major slumps. All sectors contributed to the overall…
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DOI: 10.1108/OXAN-DB261795
ISSN: 2633-304X
Keywords
Geographic
Topical
The likely impacts of COVID-19.
A second wave of the pandemic is currently under way and will prolong these impacts, delaying recovery this year. The slow roll-out of available vaccines will further extend the…
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DOI: 10.1108/OXAN-DB259733
ISSN: 2633-304X
Keywords
Geographic
Topical
COVID-19 lockdown measures and low oil prices are weighing on the economy, which the IMF expects to contract by 6.7% this year. According to the IMF, Ecuador’s gross financing…
Hit by the COVID-19 pandemic and plummeting global energy prices in the first half of the year, the government drew on its substantial reserves to fund fiscal stimulus and…
Amid signs of mild economic recovery, the government is seeking to postpone debt payments to the IMF and Paris Club. Fiscal adjustment is already underway, but the government…
Reduced global demand due to COVID-19 and the collapse of OPEC+ output caps have driven prices under 40 dollars per barrel. That does not benefit Belarus, as its petroleum product…