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Eclairages Emergents

Eclairages Emergents is an aperiodic publication offering a series of articles addressing emerging economies or an emerging region from a variety of angles.

  • Éclairages Émergents – Edition October, 2014 Latin America in 2014: the return of the external constraint
    Latin America has experienced high growth over the past decade, with average GDP growth rates of 4.1% between 2003 and 2013. Yet for a number of years, Latin America's economies have been slowing. External demand and commodity prices are providing less support, and the region's GDP growth will hardly exceed 1% this year. The external constraint is again weighing on the region's economic performance, but domestic factors also underlie the slowdown.


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Eclairages Macro

Eclairages Macro is an aperiodic publication providing in-depth analysis of a specific topic.

  • Eclairages Macro – Edition December 2011 Greece vs. Argentina: looks can be deceiving
    Since the beginning of the Greek crisis in late 2009, it has become increasingly common to compare Greece today with Argentina's situation ten years ago. Given Argentina's post-crisis economic recovery, some go as far as to predict, or even recommend, that Greeks opt for an identical shock therapy by exiting from the euro zone, reintroducing a severely devalued national currency and going into a unilateral default. Nevertheless, comparisons are often misleading. We see several major differences that make the Greek situation unique and that require extreme caution when considering the best remedy to be used to end the crisis.


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Eclairages Industry

An aperiodic publication providing an analysis relative to an industry topic.

  • Eclairages Industry - Edition April 2011 Brazilian industry: technological challenges and sustainable growth
    Brazil's economy returned to strong growth in 2010. How sustainable the growth in Brazilian industry? Government policy will play an even greater role in stimulating and directing investment in mining (including petroleum) and manufacturing than it plays in agriculture (see Eclairages Industriels, March 2011). Brazil is betting on technology to confirm its position as an industrial power.


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