FocusEconomics Insights - Latest Posts
May 4, 2018
A sometimes overlooked region, the Central America and Caribbean economy is very important to the global economy. There is quite a bit going on in the region at the moment, including public unrest, corruption scandals and yet robust economic growth in many of the region’s economies. To get a better idea of what is happening in the Central America economy currently and how it looks for the foreseeable future, we asked some of our economists responsible for the region to give us an update. Here are their responses:
April 25, 2018
By: Daniel Solomon, PhD Economist at Euromonitor International
In this article, we analyse the impact of the U.S. and China tariff actions on their economies and consumers and explore the possibility of these actions turning into an all-out trade war between the world's two biggest economies.
April 10, 2018
With the first quarter of 2018 in the books, the global economy appears to be running fairly smoothly despite a good deal of domestic and geopolitical uncertainty in various regions across the globe. In fact, the global economy is going so well, FocusEconomics panelists expect the global economy to grow 3.4% in 2018, which would represent the strongest rate in seven years. With that said, in this post we highlight some of the economies that are growing (and shrinking) in 2018.
April 9, 2018
Historically, Latin America has relied heavily on raw materials, and price swings have set the pace of the region's economic cycles. However, from a fiscal point of view, its dependence on non-renewable natural resources, such as hydrocarbons and minerals, decreased notably between 2010 and 2016. This is the conclusion of the report Revenue Statistics in Latin America and the Caribbean 2018, produced by a group of international organizations.
April 4, 2018
By Guest Author: Professor Arthur S. Guarino, MBA, MSSc, JD, Rutgers University
Key parts of America’s infrastructure must be rebuilt immediately. But the problem becomes complicated when attempting to prioritize the projects, finding the best solution, and then paying for them.
March 23, 2018
Steel is the fourth-most commonly used metal in the world. It is highly important to the global economy and trends in production can even be thought of as an indicator of the health of a country's economy. Although many do not realize it, the metal is therefore extremely important to our everyday lives. Recently, however, it seems like the entire world has started to pay attention to the metal due to U.S. President Donald Trump's recent decision to impose high tariffs on China, sparking fears of a trade war on the horizon. In this post we go through the situation between the U.S. and China in more detail before discussing the history of the steel industry and how steel enhances our daily lives.
March 22, 2018
eCommerce in Latin America is booming, and with the number of people using the internet and social media growing by the day, there is plenty of opportunity for companies selling online, also known as “eRetailers”. In fact, online sales are expected to grow 19% in the next five years – well above the global average of 11% – and are foreseen doubling in value to $118 billion in 2021. Two of the three fastest-growing eCommerce markets in the world are in Latin America: Colombia and Argentina.
Despite these impressive statistics, eRetailers face many challenges in Latin America, including online payment security, low banking services usage among citizens, and serious logistics issues, according to Patricia Galina of IEBS. The World Bank highlights some key areas where Latin America lags behind other regions as “lack of adequate roads and railways and port and airport efficiency”. It also cites corruption and cumbersome customs as major concerns. Lower purchasing power and tricky government regulations present yet another major roadblock. In addition, there are challenges related to trade and financial structures, such as the aforementioned banking penetration rates, along with low levels of confidence in electronic payment systems and lack of free flow of data. Analysts believe that companies must find a way to overcome these barriers to realize their full potential in this very promising market.
March 19, 2018
These are turbulent times for international trade. The massive economic crisis that unfolded in 2008 has not only intensified political tensions within several countries but has also had an impact on an international scale, which is being reflected in, among other things, a shifting global trade map. The resurgence of nationalism has prompted various countries to dust off the flags of trade protectionism, led mainly by the government of Donald Trump in the United States and Teresa May in the United Kingdom.
Just as trade protectionism is being highly debated, globalization is not dying down and new business opportunities are arising, which is quite intersting for countries in Latin America. In early March, 11 countries signed the Trans-Pacific Partnership Agreement (TTP 11) in Santiago, Chile. This agreement, in which Canada, Mexico, Chile, Peru, Japan, Vietnam, Malaysia, Singapore, Brunei, Australia and New Zealand are participating, will eliminate between 65% to 100% of tariffs among member countries over time.
March 16, 2018
With elections in Russia just around the corner, we interviewed Consensus Forecsat panelist Dmitry Polevoy, Chief Economist for Russia and the CIS region at ING, on the potential outcome and implications.
March 14, 2018
Between 2002 and 2015, the proportion of Latin Americans over 65 with access to some type of pension increased from 53.6% to 70.8%. This increase was mainly due to the expansion of non-contributory pension systems. That said, despite the considerable progress of recent years, inequality in access to benefits within pension systems is huge, and almost a third of the Latin American population does not have access to any type of pension.
Get a sample report showing our regional, country and commodities data and analysis.
- Econometrics Beat: Dave Giles' Blog
- Marginal Revolution
- Morss Global Finance
- Observatorio Asia
- Observing Greece
- Of Markets & Men
- Punto de Vista Económico
- The Capital Spectator
- Trading Floor: Social trading, news and analysis
- True Economics
- Emre Deliveli's Blog on the Turkish Economy
- MISH'S Global Economic Trend Analysis
- Wolf Street
- Geopolitica italiana
- bAg (Blog de economía de la ALdEa Global)
- Stock Trader´s Almanac
- Real-World Economics Review Blog
- The Winkle Institute for Worldwide Economic Stability
- Dash of Insight
- Worthwhile Canadian Initiative
- Chaco Realidades
- Comentario Financiero