| Emerging Markets Reporters
Brazil Government Revenue Jumps
Brazilian government revenue leapt to 43.7 billion reals, a record for January as social security income climbed 9.37% from a year earlier and income tax jumped 7.25%.
- Information provided by Euromoney group sources.
Rising US interest rates should in theory lead investors to withdraw money from emerging economies so those in Latin America suffering weak growth. But leading debt bankers feel that the party has some time to go.
Mexico is reaping the rewards of recent economic reforms, an upbeat Luis Vidagaray tells Emerging Markets, as he indicates that the economy can hit a 5% growth target.
Next year’s IMF and World Bank meetings will be in the Peruvian capital Lima. Lucien Chauvin looks at how the country has succeeded in posting the fastest growth on the South American continent.
Still smarting from defeat in the US Supreme Court over the bond holdouts, Argentina’s economy minister Axel Kicillof insists the recession-hit country is in the right and is turning down offers of money
Seen and heard in the corridors of the Annual Meetings
Women's participation in the labour force still lags men's by 12% even in developed economies. In the MENA region it can be up to 50%. That is a wasted resource - and best practice examples show countries and companies that tackle the problem outperform
"Indonesia, having just seen a peaceful democratic election of a non-elitist leader, is probably going to embark on reforms that should keep growth at 5%-6% for years to come"
Jim O'Neill, economic advisor, IFC
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