2016 is the year that the Olympic Games come to Rio de Janeiro, Brazil. The world will descend on a country going through its worst economic crisis since at least the 1930s.
Chile is clearly one of Latin America’s success stories, with a strong, robust and open economy. Although high world copper prices did contribute to the swelling of its state coffers, avoidance of Dutch disease and the economy’s move towards a greatly
Developing countries’ joint trade profile has changed drastically in the last two decades. Developing economies accounted for almost half of the world’s merchandise exports in 2014, as compared to less than a third in 2000, and
Over the last five years, Cambodia has experienced strong, consistent economic growth. The country’s GDP expanded by 7 percent in 2014 and has grown by more than 6 percent every year since
In December 2014, the US and Cuba announced an historic agreement that officially ended their long-running political standoff and marked the beginning of efforts towards normalised diplomatic and economic relations. Since then, the US has
As one of the biggest banks operating in a commodity-exporting country such as Australia, much of our time is spent trying to comprehend how trends in commodity markets are likely to impact the economy, and our customers. Without a doubt, one of the biggest issues we face right now stems from the dramatic declines we have seen in industrial
The economic development of a country is generally driven by a handful of industries (or in many cases by a single industry) that propel the economy forward. In the case of Oman’s economy, growth has been a function of the discovery, production and sale of the most abundant natural endowment in the region—oil.
The US is at an economic crossroads and policymakers have the choice of using the economy as a political pawn or opting for growth
Being the official currency of China, the renminbi is considered legal tender around the country except in Macau, Hong Kong,…