FocusEconomics Insights - Latest Posts
September 18, 2014
In 2013, Mexico’s government passed a constitutional reform, for which a slew of new legislation is expected to be implemented in the coming months. The effort to overhaul the country’s oil and gas sector is among the most anticipated liberalization efforts on the region.
September 9, 2014
The Nicaraguan government announced plans to build an interoceanic canal last year, which, if realized, would provide a boost to the Nicaraguan economy and could pose an important competitive threat to the Panama Canal. Although constructing the so-called Nicaragua Canal is technically possible, doubts surrounding the economic feasibility, the environmental impact, and the capability of construction company HKND to manage this mega-project, have led many to question whether or not it will ever actually be constructed.
August 19, 2014
Earlier this year, many expert climatologists sounded alarm bells about the possibility of another devastating episode of the weather phenomenon known as El Niño. Peru is one of Latin America’s most vulnerable countries to the economic impacts of El Niño and the Peruvian government and investors in the region should be on high alert. In fact, Peru’s fishing industry, agricultural sector and domestic infrastructure have all been severely damaged by previous episodes, such as the catastrophic El Niño of 1997–1998.
August 7, 2014
Conflict in Ukraine has taken a drastic toll on the country and its economy. As the situation evolves, economists are continuously revising down their forecasts. See our timeline of key events in the conflict and the progression of FocusEconomics’ Consensus Forecast since the crisis began.
For more information and analysis on Ukraine’s Economy, visit: Ukraine Economic Outlook.
July 16, 2014
Let me start with this: if you haven’t read Nate Silver’s The signal and the noise then I suggest you go pick it up right away. For anybody who is interested in the business of forecasting, Silver’s book is a must read. Silver, a baseball analyst-turned political analyst-turned forecaster extraordinaire, gained notoriety when he correctly predicted the 2008 U.S. presidential election almost flawlessly. In his book, he discusses the intricacies of forecasting and the enormous challenges presented when one attempts to anticipate the future, applying rigorous analysis combined with large amounts of rationality and common sense.
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