The Week at a Glance October 25, 2021 Argentina: Orderly or Messy Adjustment? Argentina, Economics, Emerging Markets Alejandro Giacoia, Andrés Borenstein, Isaías Marini, Lorena Giorgio, Miguel A. Kiguel When the legislative elections of November 14 pass, all eyes will return almost exclusively to the economy. Once the results are digested, the question will be how Argentina will resolve the many imbalances that are beginning to grow. They... Read More...
Latam October 21, 2021 BRAZIL: Pandemic report less harmful than the economy for Bolsonaro Brazil, Politics Mario Marconini The 1,178-page report presented on 20 October by the rapporteur of the Senate inquiry (CPI) into the pandemic, Renan Calheiros (PMDB-AL), is unprecedented. Indictments were requested for more than 65 people in relation to 12 crimes. At the top... Read More...
Latam October 20, 2021 LATAM: Pandemic status and outlook Latam, Politics Mario Marconini, Nicholas Watson Covid-19 caseloads have been dropping across Latin America and the Caribbean in recent weeks. During October, South America has accounted for under 6% of new global daily cases versus 35-40% in June. The improving picture is encouraging but there are several... Read More...
Latam October 19, 2021 MEXICO: Political considerations behind electricity reform Mexico, Politics Nicholas Watson The political noise surrounding President Andres Manuel Lopez Obrador (AMLO)’s electricity sector reforms persists even if little significant movement has occurred since it was unveiled on 1 October. The reform, which would restore the state-run CFE electricity utility to... Read More...
Latam October 19, 2021 LATAM PULSE Emerging Markets, Latam, Politics editorial Mario Marconini, Nicholas Watson This week, Chile marks two years since the outbreak of protests just as the constituent assembly born out of that unrest starts to debate the content of a new constitution. In Peru, a new stage of Pedro Castillo’s presidency... Read More...
Latam October 13, 2021 ARGENTINA: Gridlock likely and governability crisis possible after mid-terms Argentina, Politics Nicholas Watson The governing Front for All (FdT) coalition will struggle to avoid a damaging defeat in November’s partial mid-term elections. The government is hoping to limit its losses with unabashed clientelism, but FdT power struggles and highly problematic economic conditions militate... Read More...
The Week at a Glance October 13, 2021 Argentina: New “Cepo”, Old Problems, No Solutions Argentina, Economics, Emerging Markets Alejandro Giacoia, Andrés Borenstein, Isaías Marini, Miguel A. Kiguel Last week the Central Bank again intensified the “cepo”, cutting import payments and making the operation of alternative dollars even more restrictive. You could see it coming. The sale of reserves was unsustainable, and it did not seem very... Read More...
Latam October 12, 2021 CHILE: Presidential race favors leftist Boric but voter indecision still high Chile, Politics Nicholas Watson A second candidates’ debate took place last night, 11 October, just under six weeks from the first round of the presidential election on 21 November, and with the leftist Gabriel Boric enjoying a consistent poll lead, albeit with voter... Read More...
Latam October 11, 2021 LATAM PULSE Emerging Markets, Latam, Politics editorial Nicholas Watson This week, Chile‘s President Sebastian Pinera faces a bumpy ride as he seeks to defend himself from allegations arising from the “Pandora Papers” leak; at the same time, another presidential debate takes place later today. In Mexico, President Andres... Read More...
Latam October 8, 2021 BRAZIL: Tax reform surfaces amid legislative profligacy Brazil, Politics Mario Marconini President Jair Bolsonaro has been uncommonly discreet since his official apology to other branches of government for his frequent attacks against them two days after the pro-government protests on Independence Day, 7 September. Congress was already distancing itself from... Read More...
