Latin America Economics Update Policymakers step in to defend currencies Policymakers in Mexico and Colombia this month responded to the sharp falls in their currencies by hiking interest rates and stepping up intervention in foreign exchange markets. These moves appear to... 25th February 2016 · 1 min read
Latin America Economics Update Argentina debt offer encouraging, but more work still to do Argentina’s debt proposal to US holdout creditors is an encouraging development, but there are still a number of hurdles to overcome in order for the government to return to global capital markets. 8th February 2016 · 1 min read
Latin America Economics Update Argentina: Macri makes impressive start Mauricio Macri has made a strong start to his term as president of Argentina, tackling some of the country’s biggest macroeconomic distortions in his first month in office. There’s work still to do –... 12th January 2016 · 1 min read
Latin America Economics Update Argentina: a reform checklist Mauricio Macri will be sworn in as president of Argentina today against a backdrop of lofty expectations in financial markets for policy change. The lesson from other EMs is that big reforms tend to... 10th December 2015 · 1 min read
Latin America Economics Update Macri victory in Argentine elections brightens economic outlook The election of pro-business candidate Mauricio Macri as Argentina’s new president is likely to herald a much-needed shift towards orthodox economic policymaking. In the near term, this is likely to... 23rd November 2015 · 1 min read
Latin America Economics Update Argentina: change is nigh Opinion polls are pointing to a narrow victory for pro-reform candidate Mauricio Macri in Sunday’s presidential election in Argentina and, if he prevails, the outlook for the economy would undoubtedly... 20th November 2015 · 1 min read
Latin America Economics Update Argentina: Scioli scrapes victory, but ‘Macrinomics’ now possible A much narrower-than-expected victory for Daniel Scioli in Argentina’s general election means that outgoing president Cristina Kirchner’s chosen successor will face a tricky second-round run-off on... 26th October 2015 · 1 min read
Latin America Economics Update What would a Scioli presidency mean for Argentina? Daniel Scioli, the candidate of Argentina’s left-wing ruling coalition, seems on course to win the presidential election in the first round on 25th October. His plans for the economy have been... 16th October 2015 · 1 min read
Emerging Markets Economics Update EM growth now not much faster than DM growth On some measures, the slowdown in emerging markets (EMs) in the second quarter of this year meansthat EM growth is now not much faster than developed market (DM) growth. 4th September 2015 · 1 min read
Latin America Economics Update Argentina’s primaries put Scioli in the driving seat With most of the votes in Argentina’s primary elections now counted, it appears that Daniel Scioli, of the ruling left-wing Front for Victory coalition, is on course to win the Presidential elections... 10th August 2015 · 1 min read
Latin America Economics Update Argentine policymakers still up to their old tricks Argentina’s statistics office reported that GDP grew by 1.1% y/y in Q1, but independent data suggestthat although conditions have improved, there has not yet been a return to growth. And worryingly... 29th June 2015 · 1 min read
Latin America Economics Focus Argentina: runners and riders in the race to replace Cristina With Cristina Kirchner constitutionally barred from running for a third consecutive term as president of Argentina in October’s elections, hopes of a shift towards more market-friendly policymaking... 25th June 2015 · 1 min read
Latin America Economics Update Markets in Brazil and Colombia suffer fresh falls Following a brief recovery last month, Brazilian and Colombian financial markets have sold off in recent weeks, with both equities and currencies coming under pressure. But elsewhere in Latin America... 27th May 2015 · 1 min read
Latin America Economic Outlook Recovery stalls as Brazil suffers renewed downturn The recovery that appeared to be underway in Latin America at the end of last year has faded in recent months, with several of the region’s economies experiencing renewed downturns. The latest... 13th May 2015 · 1 min read
Latin America Economics Update Argentina Activity Indicator (Apr.) Our Argentina Activity Indicator (AAI) suggests that conditions in the economy have stabilised following sharp falls in output last year, but the best we can say is that GDP is stagnating – there is... 23rd April 2015 · 1 min read
Latin America Economics Update Currency rout rules out further policy easing Currencies across Latin America have continued to weaken against the dollar over the past month. Concerns that this could trigger a spate of crises in the region seem overdone. However, one... 1st April 2015 · 1 min read