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Indonesia: Energy Subsidies Raise Concerns

Subsidies have become a pressing problem in the current context of the emergence of an external constraint for the first time in more than a decade. I

Korea: Difficult Start for the New President

The honeymoon most newly-elected candidates enjoy on first taking office has eluded President Park Geun-hye. Financial markets are taking the latest d

Lebanon: Short-term Challenges, Long-term Opportunities

Political uncertainty in Syria continues to pose a major threat to Lebanon's political order and economic stability. Growth decelerated to 0.6% and th

Turkey: Current Account Deficit Narrows, Risks Remain

External financing needs look set to increase with the current account shortfall likely to widen through 2014. Heavy reliance on short-term capital in

Argentina: The Ball is in Argentina's Court

Market sentiment remains volatile in light of the uncertainty surrounding the final verdict on litigation with holdout creditors. While the appeals co

Asia: Update on Chips and Cars

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Ukraine: New Government, Same Challenges

The Ukrainian economy is on a very volatile path. Real GDP growth slumped in 2012 but the aggressively expansionary fiscal policy fueled a consumption

Latin America: Call of the Yield

The main challenge facing Latin America has shifted from counteracting global weakness to coping with currency appreciation pressure from capital infl

Thailand: Rice Problem Not Going Away

The government is persevering with its generous rice price-support program. Falling exports, rising stocks and large fiscal costs suggest that the gov

Tanzania: Dovish Central Bank Poised for Limited Easing

Inflation has moderated due to easing food and energy prices, but is still above target. Core inflation remains sticky at around 8-9%. Activity is rob
 

 

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