Emerging Markets Economics Update Demographics will not determine future of EMs Healthy demographics can certainly play a role in supporting growth in emerging markets. However, the future performance of places such as India, the Middle East and Africa, where demographics are... 29th May 2013 · 1 min read
Latin America Economics Update Mexican current account deficit not a concern... yet The fact that the Mexican current account deficit has doubled over the past year is not as alarming as it appears. The deficit remains small and there are no signs of a consumer import binge... 28th May 2013 · 1 min read
Emerging Markets Economics Update Weaker growth keeps EM central banks in easing mode In aggregate terms, EM monetary policy has been loosened over the past six months. But there has been a big difference between the actions of central banks in each EM region. In Europe and, more... 28th May 2013 · 1 min read
Latin America Economics Update Peru: region's growth star losing its lustre The weakness of today’s Peruvian GDP data supports our belief that the economy is entering a phase of permanently slower growth as the mining boom of the past decade fades. Ample scope for a policy... 23rd May 2013 · 1 min read
Emerging Markets Economics Focus What next for the EM recovery? The recovery in emerging market (EM) growth during the second half of 2012 has faltered since the start of this year. This is due in large part to renewed weakness in the BRIC economies, which we... 23rd May 2013 · 1 min read
Latin America Economic Outlook Hidden vulnerabilities Latin American GDP growth slowed to its lowest rate since 2009 in the first quarter of this year and, while we expect to see a gradual recovery over the coming quarters, mounting vulnerabilities will... 22nd May 2013 · 1 min read
Emerging Europe Economics Update EM inflation outlook benign As the distortions surrounding Chinese New Year have fallen out of the data, the underlying picture across Emerging Markets is one of weak price pressures. Looking ahead, there are few signs that... 21st May 2013 · 1 min read
Latin America Economics Focus Why Brazil must save to invest The renewed focus of the Brazilian authorities on raising investment suggests a growing acceptance that the slump in growth over the past year or so has been driven in part by structural factors... 21st May 2013 · 1 min read
Latin America Economics Update Chilean GDP growth moderates in Q1 Chile’s economy stumbled in Q1 as investment spending slipped back from the robust rates of the past few quarters. With copper prices now falling and credit conditions tightening, GDP growth is likely... 20th May 2013 · 1 min read
Latin America Economics Update Mexico still on course to outperform Brazil this year Q1 data revealed that the Mexican economy expanded at its slowest annual rate since emerging from recession in 2009, but we suspect that the slowdown was just a blip rather than the start of a trend... 17th May 2013 · 1 min read
Latin America Economics Update Chile prepares the ground for rate cuts later in the year The Central Bank of Chile (BCC) left its benchmark interest rate unchanged at 5.0% last night, however the accompanying statement was a little more dovish in tone than in recent months. We continue to... 17th May 2013 · 1 min read
Emerging Markets Economics Update EM consumer spending unlikely to stage strong recovery Over-invoicing by exporters over the last five months has significantly inflated the apparent strength of overseas demand. While official customs data show a surge in exports, this is not evident in... 17th May 2013 · 1 min read
Latin America Economics Update Argentina: time to come clean on inflation? Argentina remains on a collision course with the IMF over the accuracy of its consumer price data. The Fund has threatened to impose sanctions if corrective measures are not taken by 29th September... 16th May 2013 · 1 min read
Emerging Markets Economics Update A closer look at international corporate bond issuance This week’s bumper foreign debt sale by Brazil’s Petrobras has put the spotlight on the fast-expanding overseas market for EM corporate bonds. As it happens, this type of financing is still a small... 16th May 2013 · 1 min read
Emerging Markets Economics Chart Pack Growth slowdown prompts further easing Economic activity across the emerging world looks to have moderated since the start of the year, with our GDP tracker pointing to weaker growth in Emerging Europe, Emerging Asia and Latin America... 15th May 2013 · 1 min read
Latin America Economics Update Currency to play bigger role in Mexican interest rate decisions The Mexican economy has hit a soft patch in recent months, but we would caution against being too pessimistic. Growth is likely to accelerate in the second half of the year as inflation pressures... 13th May 2013 · 1 min read
