FocusEconomics Insights - Latest Posts
February 20, 2015
Russian English-language television channel Russia Today recently interviewed FocusEconomics’ Economist Angela Bouzanis about the dire economic situation in Ukraine. Ukraine has had a torrid time over the last year with the military conflict with Russia and now their economy is suffering immensely. Ukraine has been granted foreign aid packages from the West to help their floundering economy, but high inflation, currency devaluation and soaring energy tariffs persist with no signs of improvement.
How does the IMF’s latest quarterly global outlook compare to forecasts from over 30 of the world’s leading economists?
January 21, 2015
The World Bank just released its updated World Economic Ooutlook. We compared the IMF forecasts for 10 countries including, the USA, Russia, Japan, India, China and Brazil, to our own Consensus Forecasts from our panels of 30+ economic institutions. See how the forecasts stack up in our interactive infographic: http://bit.ly/1wnASjo
January 13, 2015
We are pleased to announce that our new Middle East & North Africa Consensus Forecast report is now available. This is the most comprehensive collection of forecasts for MENA available on the market.
December 2, 2014
On 17 November, Indonesia’s new President, Joko Widodo, announced that the price of government subsidized fuel would be raised by more than 30%. In addition to fulfilling his election promise to reduce government spending, the move also suggests that Widodo is serious about implementing economic reforms that are crucial for the country’s long term growth, even if they are unpopular and may limit short-term economic activity. The price hike is designed to relieve pressure on government finances, narrow the current account deficit through reduced fuel imports, and provide funds for much-needed infrastructure and social spending.
November 20, 2014
On 9 November, Catalonia held a “consultation of citizens” on the political future of Spain’s wealthy north-eastern region. Catalonia did not hold the independence referendum that had been planned as it was blocked by the Spanish Constitutional Court. The vote took place as the Spanish government and key political groups are facing heavy criticism for a series of corruption scandals.
October 28, 2014
The French economy has underperformed in recent years and is facing challenges to stimulate economic growth due to a loss of competitiveness and the fact that much-needed structural reforms have yet to be implemented. Nevertheless, the country may see a pick-up in economic activity next year, should President François Hollande’s government succeed in implementing reforms.15 when FocusEconomics Consensus Forecast panelists see the economy expanding 1.0%.
September 18, 2014
In 2013, Mexico’s government passed a constitutional reform, for which a slew of new legislation is expected to be implemented in the coming months. The effort to overhaul the country’s oil and gas sector is among the most anticipated liberalization efforts on the region.
September 9, 2014
The Nicaraguan government announced plans to build an interoceanic canal last year, which, if realized, would provide a boost to the Nicaraguan economy and could pose an important competitive threat to the Panama Canal. Although constructing the so-called Nicaragua Canal is technically possible, doubts surrounding the economic feasibility, the environmental impact, and the capability of construction company HKND to manage this mega-project, have led many to question whether or not it will ever actually be constructed.
August 19, 2014
Earlier this year, many expert climatologists sounded alarm bells about the possibility of another devastating episode of the weather phenomenon known as El Niño. Peru is one of Latin America’s most vulnerable countries to the economic impacts of El Niño and the Peruvian government and investors in the region should be on high alert. In fact, Peru’s fishing industry, agricultural sector and domestic infrastructure have all been severely damaged by previous episodes, such as the catastrophic El Niño of 1997–1998.
August 7, 2014
Conflict in Ukraine has taken a drastic toll on the country and its economy. As the situation evolves, economists are continuously revising down their forecasts. See our timeline of key events in the conflict and the progression of FocusEconomics’ Consensus Forecast since the crisis began.
For more information and analysis on Ukraine’s Economy, visit: Ukraine Economic Outlook.
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In our latest insight piece, we look at OPEC’s difficulties in meeting its oil production targets, and the outlook… https://t.co/wJVtavtSn4
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Find out what Mario Draghi's resignation means for the Italian economy in this special report:… https://t.co/0nb88Xtv7d
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SEE's regional economic growth is set to cool this year as the Ukraine war bites, on top of a tougher base of compa… https://t.co/GmMcvBszXL
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