Each week Frontier Strategy Group’s global team shares their view on key media stories, and what the implications are for businesses that operate in emerging markets. For more information about how to contact our analysts, send us an email.
Mario Gutierrez on “Santos Opts for Approval of Colombia Peace Deal by Congress: No 2nd Referendum”
“Colombia’s President Juan Manuel Santos opts for having the newly-signed peace accord between the State and the FARC-EP approved by Congress rather than opting for a second referendum.”
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Dalia Naguib on “Algeria: New taxes threaten tensions amid oil price slump”
“With oil prices expected to remain low in 2017, especially after the results of the US Presidential Election, Algeria’s economy will come under greater pressure. Tax hikes and salary freezes will tighten consumer budgets, while reduced oil revenues mean the government will also be price-sensitive.”
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Cheng Siew Chua on “Philippines Posts Strongest Economic Growth in Asia at 7.1%”
“Higher investment activity and increased consumer spending helped to boost the Philippines’ economic growth to 7.1% in the third quarter, outpacing that of China at 6.7%. We expect the Philippines to continue its high growth performance in the region as the Duterte administration focuses on lifting infrastructure spending to a record high.”
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Mark McNamee on “Polish parliament approves costly cut in retirement age”
“Unlike most emerging markets globally, Poland has approved a range of measures over the past year indicating its robust public spending capability. While lowering the retirement age itself in late 2017 puts pressure on the deficit, the move reinforces Poland’s status as a rare market where both public and private resources are strong and will remain so for years.”
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