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Russian regions are to halve deficits this year

Location:

RUSSIA

Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…

Russian state planning will weigh on regional finances

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RUSSIA

Central project planning and its impact on regional finances.

Mexico healthcare promises are unrealistic

Location:

MEXICO

The amendments, approved by Congress last month, include the elimination of the Health Institute for Wellbeing (INSABI). Its functions will be transferred to a specific body of…

Carillion collapse may transform public-private deals

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INTERNATIONAL

Last month Carillion, the United Kingdom’s second-largest construction and outsourcing firm, went into liquidation. It employed 43,000 people and had 2017 revenues of 5.2 billion…

Post-virus downturn could hurt Hungary’s government

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HUNGARY

The pandemic has strengthened Prime Minister Viktor Orban’s position in the short term. However, the government has done little on the economic front; a conservative stimulus…

Boosting Africa’s health security will be challenging

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AFRICA

Although cases and mortality per capita in Africa have been low compared to Europe and the Americas, the pandemic has exposed underlying vulnerabilities in health systems…

Saudi Arabia’s football league will grow strongly

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SAUDI ARABIA

In June, the Saudi sovereign wealth fund, the Public Investment Fund (PIF), took over four domestic football clubs, including Al Hilal. The PIF is aggressively targeting European…

ASEAN differences will slow RCEP talks

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ASEAN

These talks have stalled over the scope of tariff reforms and conflicting bilateral agreements. However, following the likely demise of the Trans-Pacific Partnership (TPP), the…

Economic orthodoxy will face challenges in Argentina

Location:

ARGENTINA

The 2021 budget implies a significant fiscal adjustment, with the primary deficit falling from 7-8% of GDP in 2020 to 4.5% in 2021, mainly due to the end of the pandemic relief…

Prospects for Mexico in 2024

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PROSPECTS 2024

President Andres Manuel Lopez Obrador (AMLO), who legally cannot seek re-election, will focus on promoting his favoured presidential candidate, Claudia Sheinbaum, potentially…