Many emerging markets could face debt distress in 2022

The debt burden of many emerging markets has increased sharply

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Latin American pandemic impacts will be long-term

The UN Economic Commission for Latin America and the Caribbean says poverty is still greater than before the pandemic

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Opinion polls show that voters are increasingly concerned about the economic and social outlook

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The latest budget features markedly increased capital expenditure but the rise in total government spending is modest

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COVID-19 affected tourism-reliant small nations regardless of prosperity and the ability to vaccinate the population

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Rising poverty is an electoral issue this year but responses to date do not go beyond 2022

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The 2022 budget looks to a surplus, savings and higher reserves, but not aggressive action to boost economic growth

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The grand coalition of mainstream parties could be vulnerable to an insurgent far-right

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President Tokayev has clamped down harshly on protests but is offering a new deal that addresses grievances

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Higher life expectancy and lower fertility rates are driving population ageing and slowing the growth of the workforce

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