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The strike was prompted by unions' rejection of the 27% ceiling the government attempted to impose on wage rises. With this ceiling, real wages will suffer further given existing…
The first-quarter fall, following full-year contractions of 2.5% and 2.2% in 2018 and 2019, includes only the first ten days of the COVID-19-related lockdown, which continues. The…
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DOI: 10.1108/OXAN-DB253483
ISSN: 2633-304X
Keywords
Geographic
Topical
The political and election climate.
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DOI: 10.1108/OXAN-DB242979
ISSN: 2633-304X
Keywords
Geographic
Topical
Monetary tightening.
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DOI: 10.1108/OXAN-DB238908
ISSN: 2633-304X
Keywords
Geographic
Topical
The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…
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DOI: 10.1108/OXAN-DB285892
ISSN: 2633-304X
Keywords
Geographic
Topical
With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…
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DOI: 10.1108/OXAN-DB283767
ISSN: 2633-304X
Keywords
Geographic
Topical
Latin America and the Caribbean now account for over one-quarter of confirmed COVID-19 cases and around one-third of deaths. Although stringent COVID-19-related measures imposed…
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DOI: 10.1108/OXAN-DB256559
ISSN: 2633-304X
Keywords
Geographic
Topical
With numbers of confirmed COVID-19 cases and deaths still relatively low, there is strong support for the restrictions in place despite their economic cost. The gradual reopening…
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DOI: 10.1108/OXAN-DB251948
ISSN: 2633-304X
Keywords
Geographic
Topical
The IMF also approved an increase in social welfare spending to 0.3% of GDP from 0.2% in light of the impact of the economic slump and high inflation, implying a total of 60…
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DOI: 10.1108/OXAN-DB242613
ISSN: 2633-304X
Keywords
Geographic
Topical
The economic impact of COVID-19.