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Economy & Business - August 2007 (ISSN 1741-4431)
ECUADOR: Populism at work
President Rafael Correa has become the strongest president since the
return of democracy in 1979. Like President Hugo Chávez of Venezuela, Correa is
gambling on a constituent assembly rewriting the constitution and destroying the
previous ruling oligarchy. This means that for the foreseeable future economic
policy will be popular aimed at boosting consumption and keeping inflation low.
- Will the international financial crisis hurt Latin America?
- MEXICO: Slowing down
- TAX: Government runs into problems
- MEXICO BRIEFS
- BRAZIL: It's an ill wind...
- ARGENTINA: Decent growth in June
- CHILE: Central bank raises rates
- PARAGUAY: Gloom about the economy
- URUGUAY: Inflation target broken
- BOLIVIA: Urban opposition complains about inflation
- COLOMBIA: Central bank raises rates again
- ECUADOR: Populism at work
- PERU: Strong growth but tiny minimum wage increase
- VENEZUELA: Spending surges
- COSTA RICA: Inflation still too high
- CUBA: Tourist problems
- NICARAGUA: Inflation picks up
- DOMINICAN REPUBLIC: US remains main market for exports
- EL SALVADOR: Exports up by 5%
- GUATEMALA: 3% budget increase
- HONDURAS: Trade deficit widens
- PANAMA: Government confident
- PETROLEOS MEXICANOS: Problems
- AGRIBUSINESS: Peru asparagus industry ravaged by earthquake
- REMITTANCES: Mexican remittances start to stagnate
- DEBT: Venezuela suspends Bonos del Sur