Publications

Despite the challenges facing the sector, products like palm oil hold significant potential, not only due to their high productivity and capacity to drive development but also because Colombia possesses substantial advantages for its production.

We summarize our expectations of 2024 March "two sessions", including the plan of "Chinese style modernization", 2024 growth and other economic targets, stimulus package and tackling long-term risks.

Between 2018 and 2020, the population living in poverty increased by 7.3%, from 51.9 to 55.7 million inhabitants, and the population living in extreme poverty grew 24.1%, from 8.7 to 10.8 million. The increase in the population with a lack of access to health services stands out, which went from 16.2% to 28.2%.

The Fifth Plenum of 19th Chinese Communist Party’s Central Committee was held in Beijing during October 26-29, in which the outline of the 14th Five-Year Plan for 2021-2025 has been reviewed and approved. In addition, the meeting also discussed the long-term economic and social development target to be accomplished by 2035.

Between 2008 and 2018, poverty in Mexico decreased from 44.4% to 41.9%, but increased in absolute terms, from 49.5 to 52.4 million people. In equity of income, measured by the Gini coefficient, Mexico would move from place 136 to 122 of a total of 164 countries, advancing 14 positions.

BBVA projections for world population by GDP per capita: -Middle classes to comprise two-thirds of world population by 2025, doubling the share in 2000 -A low middle class citizen is today’s worldwide median -Emerging economies become predominant in wealthier segments -A dramatic reshaping of global consumer business away from basic products