Here are several headlines read by FSG’s regional research teams this week with their commentary below:
Czech GSP: it gets worse - Financial Times Beyondbrics
“The Czech economy is unlikely to recover considerably until German growth picks up. The Czech Republic’s problems highlight the growing division between markets driven by domestic demand vs. by exports, with the latter likely to underperform. For more details on this trend, see FSG’s report Global Performance Drivers - Q1 2013.”
- Martina Bozadzhieva, Associate Practice Leader for Central and Eastern Europe
Joko Aims for June MRT Groundbreaking - The Jakarta Globe
“Companies should monitor the Jakarta MRT project since it will serve as a good proxy for Jokowi’s ability to get things done in the capital. If he cannot hit his self-imposed deadline for breaking ground in June or July, it will bode ill for the implementation of other difficult policies in Jakarta.”
- Adam Jarczyk, Associate Practice Leader for Asia Pacific Research
Mexico: Uphill battle joined in effort to restructure oil industry - Financial Times Beyondbrics
“This article illustrates the major hurdles president Peña Nieto faces in pushing through reforms to open the oil sector to foreign investment and private capital. Nevertheless, the article details the apparent resolve of the government to pursue the needed reforms.”
-Clinton Carter, Director of Research and Product Development for Latin America
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