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Cuban discontent will be muted despite economic woes

Location:

CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…

Prospects for Turkey to end-2017

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PROSPECTS H2 2017

Prospects for Turkey to end-2017.

Turkey’s illiberal economic model will extend further

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TURKEY

Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…

Italy's banks face twin test

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ITALY

Former Italian Prime Minister Matteo Renzi has suggested that Italy's next election should be held at the same time as Germany's (September), saying it made sense from "a European…

Hungary's return to investment grade is likely in 2016

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HUNGARY

Moody's, another agency which also rates Hungary one notch below investment grade, has just raised its outlook on Hungary's rating to 'positive' from 'stable'. Hungary's…

New investments will not stabilise Ethiopia’s economy

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ETHIOPIA

The government hopes to benefit from the flattening of the COVID-19 pandemic and a relative calm in the Tigray conflict to push ahead with its flagship privatisation programme…

Emerging Asia activity will slow despite China rebound

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INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

Turkey's economic policy shift is not worth the risks

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TURKEY

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…

Ethiopia’s debt plans may spare private creditors

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ETHIOPIA

The announcement provoked panic among some bondholders but their concerns appear unfounded given Ethiopia's overall debt sustainability and the government's ability to engage with…

Prospects for the global economy in the fourth quarter

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PROSPECTS Q4 2015

Prospects for the global economy in the fourth quarter.