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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.
On August 10, Coneval published the official measurement of poverty in Mexico, which contemplates the components of social rights together with that of income, and found that in 2022 there were 46.8 million people in a situation of poverty (36.3% of the population) and 9.1 million in extreme poverty (7.1%).
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 a…
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…
A cautiously positive attitude might be more adoptable regarding the short-term Sino-US relation; however, for the long-term perspective, we do not have sufficient reasons so far to deny any pessimism on the bilateral relationship going forward.
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 aw…
This study comprises a quantitative approach to the determinants of financial inclusion in Peru based on micro-data from surveys
