Latin America Economics Update Unpacking the political risks in Chile Chilean financial assets have been hit hard following the Constitutional Convention election, and this Update outlines three key political risks which could keep local markets under pressure over the... 27th May 2021 · 4 mins read
Latin America Chart Pack Political risks coming to the fore Political risks have intensified in the Andes this month, which could be part of a broader trend throughout the region. In Colombia, the protests against tax reforms have pushed policymakers away from... 26th May 2021 · 13 mins read
Latin America Economics Weekly Chile’s constitution shock, Colombia’s downgrade The surprise results of the vote last weekend to elect members to Chile’s Constitutional Convention points to a much greater likelihood of rises in public spending on welfare and larger budget... 21st May 2021 · 5 mins read
Latin America Economics Update Lat Am: taking stock of the latest virus developments The latest COVID-19 outbreaks in Latin America have passed their peak and the near-term outlook is improving. But, with the probable exception of Chile, the latest developments reinforce the message... 18th May 2021 · 4 mins read
Latin America Economics Weekly Chile votes, Copom’s hawks Chileans vote this weekend to elect members to a convention tasked with re-writing the constitution which, from an economic perspective, may result in a larger role of the state in the economy, higher... 14th May 2021 · 6 mins read
Latin America Economics Weekly COP drop, commodity price rally to the rescue? The ongoing protests against tax hikes in Colombia have increased the risks around the fiscal position and we think that local financial markets and the currency will remain on the backfoot in the... 7th May 2021 · 8 mins read
Latin America Economics Weekly Colombian protests, vaccine wrap-up Mass protests against tax hikes in Colombia this week have reduced the chances that reforms will be passed (at least without being watered down), putting the sovereign's investment grade rating on... 30th April 2021 · 6 mins read
Emerging Markets Economic Outlook New virus waves to drag on the recovery The surge in virus cases across large parts of the emerging world and the slow pace of vaccine rollout mean that the headwinds facing the EM recovery are building. EM currencies are likely to see... 28th April 2021 · 25 mins read
Latin America Chart Pack Diverging policy responses to rising inflation Inflation is above target in Brazil and Mexico, with Chile set to follow in the coming months, but only in the former is the central bank likely to respond with (further) interest rate hikes. Brazil’s... 27th April 2021 · 11 mins read
Latin America Economics Weekly Chile pension withdrawals, Brazil’s budget woes The third pension withdrawal bill currently making its way through Congress in Chile would support its economic recovery in the near term, but it is another concerning sign of a gradual shift towards... 23rd April 2021 · 7 mins read
Latin America Economic Outlook A slow and bumpy path to recovery Severe COVID-19 outbreaks across Latin America will put a brake on the region’s economic recovery in Q2. While we’re more optimistic than most that the rollout of vaccines will boost output later this... 22nd April 2021 · 25 mins read
Emerging Markets Economics Chart Pack Virus outbreaks cloud the outlook New COVID-19 cases have surged in the emerging world, with India, Emerging Europe and Latin America particularly hard hit. Social distancing measures have been tightened in many countries, which will... 21st April 2021 · 11 mins read
Latin America Economics Weekly Brazil’s budget imbroglio, Andean election surprises The recent fiasco with Brazil's 2021 budget, which will have to be approved next week, suggests that commitment to fiscal support is fraying. This has resulted in a higher risk premium on Brazilian... 16th April 2021 · 4 mins read
Latin America Economics Update Q2 already looking shaky Worsening virus outbreaks and tighter lockdown measures are weighing on economic recoveries across Latin America, particularly in Brazil and Chile. Rapid progress with vaccinations may allow Chile’s... 15th April 2021 · 3 mins read
Latin America Economics Update Unpacking the election surprises in Ecuador & Peru The surprising victory for conservative Guillermo Lasso in Ecuador’s presidential election increases the chances that public debt will be put onto a sustainable path, and will probably boost the... 12th April 2021 · 3 mins read
Latin America Economics Weekly Peru & Ecuador votes, Banxico’s doves, rising virus cases Voters head to the polls in Peru and Ecuador on Sunday which could lead to a populist shift in both countries. In the former, political risks may have a growing adverse impact on the economy and... 9th April 2021 · 5 mins read
