Mexico is a large country,
|
|
- Ernest Mills
- 5 years ago
- Views:
Transcription
1
2 Mexico is a large country, 1.95 m* 1.97 m* United Kingdom (0.24m*) France (0.67m*) Germany (0.36m*) Source: World Atlas (millions of squared meters) 1.65 m* Italy (0.30m*) Benelux (0.075m*)
3 highly populated (11th largest in the world) 125,000, ,000, ,000, ,000, ,000, ,000,000 95,000,000 Mexican Population Forecast 90,000,
4 In 2020 we will have the greatest demographic bonus in Mexican history Dependents for every 100 people Total Children Demographic Bonus Elderly Source: CONAPO: National Council of Population
5 The south of USA and the north of Mexico hold a population of 84 million ,844, Mexican Population 21 m Mexico City 8 m Los Angeles 512, ,024,238 Source: INEGI and U.S. Census Bureau
6 Source: International Monetary Fund 14th largest country in the world (GDP)
7 macroeconomic stability
8 Recent economic history through the eyes of inflation Mexican inflation since the 80 s Inflation of 4.4% in (e) GATT Source: International Monetary Fund, (e): estimate Central Bank Independence Tequila Crisis + NAFTA
9 healthy shift in govt s foreign debt profile, Figura 3: Deuda interna y externa (% de la deuda). Foreign vs. domestic debt (% of total) Figura pla Foreign Domestic Source: Mexican Ministry of Finance (SHCP)
10 reduction of debt and longer terms, not bad! la deuda). Figura 4: Deuda pública externa (% del PIB) y plazo promedio de vencimiento de los valores gubernamentales (días). Foreign public debt (% of GDP) vs. maturities (days) Foreign Public Debt Maturity Maturity * Third quarter Source: Mexican Ministry of Finance (SHCP) and Mexican Central Bank
11 historical levels of international reserves, and 140,000 International reserves (US$ million) 120, ,000 80,000 60,000 40,000 20,000 0 Jan-96 Jan-97 Jan-98 Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Source: Mexican Central Bank
12 dic-00 dic-01 dic-02 dic-03 dic-04 dic-05 dic-06 dic-07 oct-08 we have enough cash to pay 3x our foreign, res). International Reserves / Foreign Debt (ratio) Figura 2: Reservas inter. / deuda externa del sector público e Source: Mexican Central Bank Fuente: SHCP
13 financial reforms have been incresing tax revenues Number of Tax Payers (millions) Source: Mexican Revenue and Customs (SAT)
14 a strong financial system is in place Bank s Capitalization Index ( Nov 2010, %) Source: Mexican Ministry of Finance
15 FX volatility similar to that othe Sept 2008 Sept Source: Reuters MX$ 2% -16% -2% -25% 24% -7%
16 low country risk compared to that of LatAm EMBI+ spreads (basis points) Source: Mexican Ministry of Finance
17 investment grade economic fundamentals Sovereign Risk Ratings Source: BBVA Bancomer
18 platform for industry
19 Source: AlixPartners and we offer the lowest operating cost for electronic projects and manufacturing
20 Transferring operations to Mexico can lead to important savings Source: United States Department of Labor and International Labor Organzation
21 strong R&D capabilities 90,000 engineers and technicians graduate every year 2,539 higher education Institutions 900 post-graduate engineering and technology programmes -Mexico invests 7% of GDP in education
22 our expertise: manufacturing, Principal exports, 2008 (US$ mm) Source: The Economist Intelligence Unit
23 the trend speaks for itself, Export volume (US$ billion) Source: Ministry of Economy
24 Source: Ministry of Transport and Communications (SCT)...Mexico is a logistics platform
25 although exports still dependent on the US, Main destinations of exports, 2008 (share of total) Source: The Economist Intelligence Unit
26 you can t disregard our unmatchable FTA network, Canada Islandia Noruega Dinamarca Suecia Finlandia India Corea del Sur Japon Guatemala Estados Unidos Cuba Honduras Nicaragua Reino Unido Irlanda Belgica Luxemburgo Suiza Alemania Holanda Estonia Latvia Lithuania Polonia Rep. Tcheca Slovakia Hungria Liechtenstein Eslovenia Costa Rica Romania Colombia El Salvador Panama Portugal Brasil España Italia Francia Austria Malta Israel Grecia Bulgaria Chipre Peru Australia Bolivia Uruguay FTAs with 44 countries Chile Argentina Source: Ministry of Economy
27 Source: World Bank, Doing Business Index we are simplifying processes
28 the world recognises Mexico s business appeal Doing Business Ranking 2011 Source: World Bank, Doing Business Index
29 and what we are doing to improve Doing Business Ranking (trend) Source: World Bank, Doing Business Index
30 In general, operation costs are very competitive Source: World Bank, Doing Business,
31 Source: World Bank, Doing Business, The simplicity of opening a business is favourable...
32 Source: World Bank, Doing Business, and so is the simplicity of closing it...
33 ... Mexico went up from number 11 places in the FDI Confidence Index Source: A.T. Kearney s FDI Confidence Index 2010
34 Source: Ministry of Economy and large FDI income
35 Source: Stocks markets in each Country Mexico is a profitable investment choice
36 therefore.
37 5/1/96 5/1/97 5/1/98 5/1/99 5/1/00 5/1/01 5/1/02 5/1/03 5/1/04 5/1/05 5/1/06 5/1/07 5/1/08 5/1/09 5/1/ Mexican inflation since the 80 s (e) Low inflation Fuente: SHCP. Figura 3: Deuda interna y externa (% de la deuda). Foreign vs. domestic debt (% of total) Foreign Domestic Internal financial market Figura 4: Deuda pública externa (% del PIB) y plazo promedio de vencimiento de los valores gubernamentales (días). 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Fuente: SHCP y Banxico. therefore International reserves (US$ mm) Historical reserves Export volume (US$ mm) Canada Islandia Noruega Dinamarca Suecia Finlandia India Corea del Sur Japon Guatemala Estados Unidos Cuba Honduras Reino Unido Irlanda Belgica Luxemburgo Alemania Holanda Estonia Latvia Lithuania Polonia Rep. Tcheca Slovakia Hungria Liechtenstein Nicaragua Suiza Eslovenia Costa Rica Romania El Salvador Colombia Portugal Panama España Brasil Italia Francia Austria Malta Israel Grecia Bulgaria Chipre Peru Australia Bolivia Uruguay FTAs with 44 countries Chile Argentina Manufacturing, not commodities FTA 44 countries Investment grade
38 Source: Goldman Sachs MEXICO HAS A HUGE POTENTIAL!
Mexico s Experience in Negotiations of Services. Mr. Luis Rivera Banuet
Mexico s Experience in Negotiations of Services Mr. Luis Rivera Banuet Mexico s experience in negotiations of services Luis Rivera Banuet Department of Multilateral and Regional Negotiations of Services
More informationEmergence of the Mexican Economy, Attractive Domestic Market, PE / VC Industry.
February 10 th, 2011 Emergence of the Mexican Economy, Attractive Domestic Market, PE / VC Industry. Emergence of the Mexican Economy, The economy of Mexico is the 14th largest in the world 2 nd only to
More informationRecent financial developments from an Emerging Market Economy perspective. Joaquín Vial Deputy Governor, Central Bank of Chile
Recent financial developments from an Emerging Market Economy perspective Joaquín Vial Deputy Governor, Central Bank of Chile Central Bank of Chile, May 218 International scenario We have seen a consolidation
More informationTotal Imports by Volume (Gallons per Country)
3/7/2018 Imports by Volume (Gallons per Country) YTD YTD Country 01/2017 01/2018 % Change 2017 2018 % Change MEXICO 54,235,419 58,937,856 8.7 % 54,235,419 58,937,856 8.7 % NETHERLANDS 12,265,935 10,356,183
More informationLessons and Experiences of Mexico in Dealing with Issues Emerging from RTAs/FTAs Participation
006/SOM/CTI/FTA-RTA/0 Lessons and Experiences of Mexico in Dealing with Issues Emerging from RTAs/FTAs Participation Submitted by: Mexico APEC Workshop on Best Practices in Trade Policy for RTAs/FTAs:
More informationBUSINESS DEVELOPMENT ISSUES IN LATIN AMERICA
BUSINESS DEVELOPMENT ISSUES IN LATIN AMERICA Iberdrola Renovables SA Julio 2007 February 2008 1 Contents I. Iberdrola Group Numbers II. Iberdrola Renewables Growth Strategy III. Renewable countries IV.
More informationSecretaría de Hacienda y Crédito Público. Some Pilgrim Tales about Financial Reform in Mexico
Secretaría de Hacienda y Crédito Público Some Pilgrim Tales about Financial Reform in Mexico 1 Index I. Structural reform in the financial sector as series of many steps II. The new Securities Market Law
More informationTotal Imports by Volume (Gallons per Country)
4/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 02/2017 02/2018 % Change 2017 2018 % Change MEXICO 53,961,589 55,268,981 2.4 % 108,197,008 114,206,836 5.6 % NETHERLANDS 12,804,152 11,235,029
More informationFiscal Consolidation and Institutional Reforms in Brazil
Comisión Económica para la América Latina - CEPAL Fiscal Consolidation and Institutional Reforms in Brazil Pedro Jucá Maciel Subsecretário de Planejamento Estratégico da Política Fiscal Tesouro Nacional
More informationFostering competition in the Brazilian Financial Sector
Fostering competition in the Brazilian Financial Sector Cleofas Salviano Junior Central Bank of Brazil April 2008 Cemla-Banco de México Seminar Financial Inclusion and Modernization in LA Agenda Overview
More informationJuan Pablo Jiménez Economic Commission for Latin America and the Caribbean
Juan Pablo Jiménez Economic Commission for Latin America and the Caribbean ITC-Workshop How to Operationalize the International Tax and Development Agenda 12-14 September 2011 Bonn, Germany I. Diagnosis
More informationTotal Imports by Volume (Gallons per Country)
5/4/2016 Imports by Volume (Gallons per Country) YTD YTD Country 03/2015 03/2016 % Change 2015 2016 % Change MEXICO 53,821,885 60,813,992 13.0 % 143,313,133 167,568,280 16.9 % NETHERLANDS 11,031,990 12,362,256
More informationInvesting in Mexico: Challenges and opportunities
Investing in Mexico: Challenges and opportunities Alicia Garcia Herrero Chief Economist Emerging Markets BBVA The 3rd Latin America China Investors Forum (LA-CIF) Beijing September 13th & 14 th, 2011 Index
More informationCharting Mexico s Economy
Charting Mexico s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June
More informationPolitical Economics Vincenzo Galasso Lecture 8 Content:
Political Economics Vincenzo Galasso Lecture 8 Content: The Future of Pension Systems: Demographic Dynamics A Complex Simulation Model Evaluating the Political Response 1 A new perspective on aging and
More informationMACROECONOMIC OUTLOOK
BRADESCO-APIMEC MACROECONOMIC OUTLOOK DECEMBER, 2015 FABIANA D ATRI Economic Research Departament- DEPEC 2 International outlook INTERNATIONAL SCENARIO Comingtotheendofcommoditiescycle Chinese economy
More informationTotal Imports by Volume (Gallons per Country)
7/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 05/2017 05/2018 % Change 2017 2018 % Change MEXICO 71,166,360 74,896,922 5.2 % 302,626,505 328,397,135 8.5 % NETHERLANDS 12,039,171 13,341,929
More informationTotal Imports by Volume (Gallons per Country)
2/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 12/2016 12/2017 % Change 2016 2017 % Change MEXICO 50,839,282 54,169,734 6.6 % 682,281,387 712,020,884 4.4 % NETHERLANDS 10,630,799 11,037,475
More informationTotal Imports by Volume (Gallons per Country)
6/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 04/2017 04/2018 % Change 2017 2018 % Change MEXICO 60,968,190 71,994,646 18.1 % 231,460,145 253,500,213 9.5 % NETHERLANDS 13,307,731 10,001,693
More informationTotal Imports by Volume (Gallons per Country)
10/5/2017 Imports by Volume (Gallons per Country) YTD YTD Country 08/2016 08/2017 % Change 2016 2017 % Change MEXICO 51,349,849 67,180,788 30.8 % 475,806,632 503,129,061 5.7 % NETHERLANDS 12,756,776 12,954,789
More informationMacroprudential policy over the business cycle
Macroprudential policy over the business cycle Pablo Federico (University of Maryland) Carlos Vegh (University of Maryland and NBER) Guillermo Vuletin (Colby College) Meeting of Monetary Policy Advisors
More informationVISAS AND TARIFFS MINISTRY OF FOREIGN AFFAIRS - CHILE
AFGANISTAN SI 30 30 60 60 ALBANIA NO 0 90 0 90 ALEMANIA NO 0 90 0 90 ANDORRA NO 0 90 0 90 ANGOLA SI 30 30 50 90 ANTIGUA Y BARBUDA NO 0 90 0 90 ARABIA SAUDITA SI 28 30 85 90 ARGELIA SI 40 60 40 60 ARGENTINA
More informationThe Tax System and. John Scott, CIDE, CONEVAL Mexico THE MIRRLEES REVIEW: TAX REFORM FOR A MODERN ECONOMY
The Tax System and Tax Institutions in Mexico John Scott, CIDE, CONEVAL Mexico THE MIRRLEES REVIEW: TAX REFORM FOR A MODERN ECONOMY May 4, 2012, Friday Ceylan Intercontinental Taksim Istanbul Contents
More informationTotal Imports by Volume (Gallons per Country)
10/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 08/2017 08/2018 % Change 2017 2018 % Change MEXICO 67,180,788 71,483,563 6.4 % 503,129,061 544,043,847 8.1 % NETHERLANDS 12,954,789 12,582,508
More informationTotal Imports by Volume (Gallons per Country)
1/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 11/2016 11/2017 % Change 2016 2017 % Change MEXICO 50,994,409 48,959,909 (4.0)% 631,442,105 657,851,150 4.2 % NETHERLANDS 9,378,351 11,903,919
More informationTotal Imports by Volume (Gallons per Country)
11/2/2018 Imports by Volume (Gallons per Country) YTD YTD Country 09/2017 09/2018 % Change 2017 2018 % Change MEXICO 49,299,573 57,635,840 16.9 % 552,428,635 601,679,687 8.9 % NETHERLANDS 11,656,759 13,024,144
More informationTotal Imports by Volume (Gallons per Country)
12/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 10/2017 10/2018 % Change 2017 2018 % Change MEXICO 56,462,606 60,951,402 8.0 % 608,891,240 662,631,088 8.8 % NETHERLANDS 11,381,432 10,220,226
More informationTotal Imports by Volume (Gallons per Country)
2/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 11/2017 11/2018 % Change 2017 2018 % Change MEXICO 48,959,909 54,285,392 10.9 % 657,851,150 716,916,480 9.0 % NETHERLANDS 11,903,919 10,024,814
More informationTotal Imports by Volume (Gallons per Country)
3/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 12/2017 12/2018 % Change 2017 2018 % Change MEXICO 54,169,734 56,505,154 4.3 % 712,020,884 773,421,634 8.6 % NETHERLANDS 11,037,475 8,403,018
More informationPriorities for Productivity and Income (PPIs) Country Results
Priorities for Productivity and Income (PPIs) Country Results Bolivia Alejandro Izquierdo Jimena Llopis Umberto Muratori Jose Juan Ruiz 2015 Priorities for Productivity and Income (PPIs) Country Results
More informationThe Camden Asset Recovery Inter-Agency Network (CARIN)
2013/ACT/NET/002 Session 1 The Camden Asset Recovery Inter-Agency Network (CARIN) Purpose: Information Submitted by: CARIN Anti-Corruption and Transparency Network Preparatory Meeting Bali, Indonesia 18-19
More informationJoint World Bank CEMLA Workshop Debt Management Performance Assessment Tool (DeMPA) Overview of Debt Management in LAC
27/2/211 Joint World Bank CEMLA Workshop Debt Management Performance Assessment Tool (DeMPA) Overview of Debt Management in LAC Mexico City, Mexico February 28th March 4th, 211 Jaime Coronado Coordinator
More informationINCORPORACIÓN DEL PROGRESO TÉCNICO. Patricio Pérez Universidad de Cantabria
INCORPORACIÓN DEL PROGRESO TÉCNICO Patricio Pérez Universidad de Cantabria Lima, 11 de mayo de 2018 II. ON THE COMPETITIVENESS IN THE LAC AND EUROPEAN COUNTRIES OECD R&D Statistics HUMAN AND FINANCIAL
More informationSummary 715 SUMMARY. Minimum Legal Fee Schedule. Loser Pays Statute. Prohibition Against Legal Advertising / Soliciting of Pro bono
Summary Country Fee Aid Angola No No No Argentina No, with No No No Armenia, with No No No No, however the foreign Attorneys need to be registered at the Chamber of Advocates to be able to practice attorney
More informationSome Pilgrim Tales about Financial Reform in Mexico
Secretaría a de Hacienda y Crédito PúblicoP Some Pilgrim Tales about Financial Reform in Mexico 1 An FSAP is always good However its impact can be maximized if: FSAP exercises can be coordinated with the
More informationOverview of FSC-certified forests January January Maps of extend of FSC-certified forest globally and country specific
Overview of FSCcertified forests January 2009 Maps of extend of FSCcertified forest globally and country specific Global certified forest area: 120.052.350 ha ( = 4,3%) + 11% Hectare FSCcertified forest
More informationFY2016 RESULTS. 1 February 2016 to 31 January Inditex continues to roll out its global, fully integrated store and online model.
FY2016 RESULTS 1 February 2016 to 31 January 2017 Inditex continues to roll out its global, fully integrated store and online model. Strong operating performance: Net sales for FY2016 reached 23.3 billion,
More informationGENERAL ANTI AVOIDANCE RULE RECENT CASE LAW IN ARGENTINA
GENERAL ANTI AVOIDANCE RULE RECENT CASE LAW IN ARGENTINA Leandro M. Passarella Passarella Abogados TTN Conferences Latin America 2014 Buenos Aires November 17, 2014 Background Past structures Case Law
More informationPublic Procurement networks in Latin America and the Caribbean
Session #7: Cross regional Learning: Cases in Caribbean and Latin American Countries Public Procurement networks in Latin America and the Caribbean Asia Pacific Public Electronic Procurement Network 2nd
More informationWORLD HEALTH ORGANISATION MONDIALE. NINTH WORLD HEALTH ASSEMBLY Jg? \ A9/P&B/19 ^! fr t 15 May 1956 Agenda item 6.5 îj. L,, л
WORLD HEALTH ORGANISATION MONDIALE ORGANIZATION DE LA SANTÉ NINTH WORLD HEALTH ASSEMBLY Jg? \ A9/P&B/19 ^! fr t 15 May 1956 Agenda item 6.5 îj. L,, л Q-u L. * ORIGINAL: ENÓLISH REVIEW AND APPROVAL OF THE
More informationGlobal Patterns of Pension Provision. Robert Palacios, Lead Pensions, World Bank Pension Core Course, April 27, 2015
Global Patterns of Pension Provision Robert Palacios, Lead Pensions, World Bank Pension Core Course, April 27, 2015 Evolution of global pension policy 1689 1889 1982 Today Design and performance Design
More informationSome Historical Examples of Yield Curves
3 months 6 months 1 year 2 years 5 years 10 years 30 years Some Historical Examples of Yield Curves Nominal interest rate, % 16 14 12 10 8 6 4 2 January 1981 June1999 December2009 0 Time to maturity This
More informationSnapshot of the Chilean Economy
Snapshot of the Chilean Economy Economy GDP 2012 GDP per capita (PPP, 2012) Actual interest rate (Monetary Policy, Jan 2013) US$ 268 billion (IMF) US$ 18.354 (IMF) 5.0% Unemployment rate (Avg. 2012) 6.5%
More informationSourcing Outlook for the Fashion Industry. Julia K. Hughes USFIA Washington Trade Symposium July 30, 2015
Sourcing Outlook for the Fashion Industry Julia K. Hughes USFIA Washington Trade Symposium July 30, 2015 First, let s take a look at the data and trends Sourcing Trends for 2014 In 2014, imports grew 5%
More informationGlobal Business Barometer April 2008
Global Business Barometer April 2008 The Global Business Barometer is a quarterly business-confidence index, conducted for The Economist by the Economist Intelligence Unit What are your expectations of
More informationEmerging Market Debt attractive yield with solid fundamentals
For professional use only Not for Public distribution Emerging Market Debt attractive yield with solid fundamentals November 2012 Kevin Daly, Senior Portfolio Manager EMD Aberdeen Asset Management Table
More informationDeveloping Housing Finance Systems
Developing Housing Finance Systems Veronica Cacdac Warnock IIMB-IMF Conference on Housing Markets, Financial Stability and Growth December 11, 2014 Based on Warnock V and Warnock F (2012). Developing Housing
More informationLatin American Economic Outlook 2008
Latin American Economic Outlook 28 Javier Santiso Acting Director Chief Development Economist OECD Development Centre Brussels, 13 th December 27 The OECD and Latin America: An emerging commitment Latin
More informationPros and Cons of BITs for Developing Countries
Pros and Cons of BITs for Developing Countries Manuel F Montes Institute of Policy Studies Colombo, 7 November 2016 PROS PROS o Developing countries need for foreign investment o BITs as ONE strategy CONS
More informationScale of Assessment of Members' Contributions for 2008
General Conference GC(51)/21 Date: 28 August 2007 General Distribution Original: English Fifty-first regular session Item 13 of the provisional agenda (GC(51)/1) Scale of Assessment of s' Contributions
More informationFY2017 RESULTS. 1 February 2017 to 31 January Inditex continues to roll out its global, fully integrated store and online platform.
FY2017 RESULTS 1 February 2017 to 31 January 2018 Inditex continues to roll out its global, fully integrated store and online platform. Strong operating performance: Net sales for FY2017 reached 25.3 billion,
More informationFinancial wealth of private households worldwide
Economic Research Financial wealth of private households worldwide Munich, October 217 Recovery in turbulent times Assets and liabilities of private households worldwide in EUR trillion and annualrate
More informationFOREIGN INVESTMENT IN COLOMBIA
FOREIGN INVESTMENT IN COLOMBIA Overview, principles, types of foreign investment, international instruments for the protection of foreign investment, and Pacific Alliance. Bogotá is the first city with
More informationSPECIALISTS IN INTERNATIONAL LAW ON LATIN AMERICA AND THE CARIBBEAN, S.C.
SPECIALISTS IN INTERNATIONAL LAW ON LATIN AMERICA AND THE CARIBBEAN, S.C. www.sillac.com SILLAC WEB-SEMINAR SERIES PRESENTS WEB-SEMINAR 3 on Foreign Investment in Latin America and the Caribbean R. Leticia
More informationPENSION REFORM IN LATIN AMERICA
PENSION REFORM IN LATIN AMERICA Oscar Cetrángolo ECLAC, Buenos Aires Office Conference on Privatisation of Public Pension Systems - Forces, Experience, Prospects Vienna - June 19-21, 2003 Specific circumstances,
More informationLow-carbon Development and Carbon Finance at the IDB Maria Netto Sustainable Energy and Climate Change Unit (ECC)
Low-carbon Development and Carbon Finance at the IDB Maria Netto Sustainable Energy and Climate Change Unit (ECC) 11th Annual Workshop on Greenhouse Gas Emission Trading Oct 3 rd, 2011 Context for IDB
More informationTRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime
A F R I C A WA T C H TRENDS AND MARKERS Signatories to the United Nations Convention against Transnational Organised Crime Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, November
More informationInternational Economic Outlook
International Monetary Fund September 9, 16 International Economic Outlook Alejandro Werner Director Western Hemisphere Department 1 Global and Regional Developments Relevant Issues Global and Regional
More informationLatin American Economic Outlook 2008
Latin American Economic Outlook 28 Javier Santiso Director & Chief Development Economist OECD Development Centre Brasilia, 4th March 28 Banco Central do Brasil The OECD and Latin America: An emerging commitment
More informationIs Export Promotion Effective in Latin America and the Caribbean?*
Is Export Promotion Effective in Latin America and the Caribbean?* Christian Volpe Martincus Inter-American Development Bank 7 th World Conference of Trade Promotion Organizations The Hague October 13,
More informationSwiss Global Finance. Facts and Figures
Swiss Global Finance Facts and Figures Latin America Bilateral Economic Relations Switzerland s Main Trading Partners in Latin America Share of Total Goods Exports (in % of total Swiss exports to Latin
More informationManuel González Cid. Chief Financial Officer. Best among peers: top investment choice
Manuel González Cid Chief Financial Officer Best among peers: top investment choice 2 Disclaimer This document is only provided for information purposes and does not constitute, nor must it be interpreted
More informationHow does the increasing global uncertainty affect Latin American ratings?
How does the increasing global uncertainty affect Latin American ratings? Sebastián Briozzo Sovereign Ratings, Standard and Poor s Santiago de Chile, October 2011 Copyright (c) 2006 Standard & Poor s,
More informationSINDUSFARMA Working Group Regulatory Latam
Nº 1 November / Novembro 2017 SINDUSFARMA Working Group Regulatory Latam Concept and rules comparison for: CPPs, origin country, reference country in Latin America Cecilia Diaz, Juliana Perlow, Lilian
More informationCONSTRAINTS AND POSSIBILITIES FOR ENERGY TAXES IN SPAIN
CONSTRAINTS AND POSSIBILITIES FOR ENERGY TAXES IN SPAIN Alberto Gago, Xavier Labandeira Universidade de Vigo and Economics for Energy GCET15 Copenhagen, 25 September 2014 Contents Why this paper? Energy
More informationLatin America Copes with Volatility, The Dark Side of Globalization
Latin America Copes with Volatility, The Dark Side of Globalization 2012 Spring Meetings IMF-World Bank Chief Economist Office Latin America and the Caribbean The World Bank Washington, DC 18 April 2012
More informationFunding. Context. Who Funds OHCHR?
Funding Context OHCHR s global funding needs are covered by the United Nations regular budget at a rate of approximately 40 per cent, with the remainder coming from voluntary contributions from Member
More informationMARRAKESH RATIFICATION AROUND THE WORLD
MARRAKESH RATIFICATION AROUND THE WORLD 24 January 2019 The below chart is an updated version of the chart from October 2018. All previous updates are available on the IFLA Website. Where a country has
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, October
More information2014 Full year results. INVESTOR CALL 26 March 2014
2014 Full year results INVESTOR CALL 26 March 2014 AGENDA DISCLAIMER 2014 FOURTH QUARTER 2014 FULL YEAR CAPITAL STRUCTURE OUTLOOK APPENDIX 2 DISCLAIMER Any information in this presentation that is not
More informationGBTA BTI Outlook: Brasil
GBTA BTI Outlook: Brasil 2 nd Half - 2016 Agenda GBTA BTI Outlook Brazil: Overview Methodology GBTA BTI : Global Context Brazil Business Travel Spending Details 2 Overview In 2017, completed 8 th Global
More informationInter-American Investment Corporation. Investor Presentation
Inter-American Investment Corporation Investor Presentation 3 4 $11.2 BILLION TOTAL ASSETS UNDER MANAGEMENT AS OF JUNE 30, 2017 $2.7 BILLION EQUITY AVAILABLE FOR FINANCING OVER THE NEXT TEN YEARS 26 IDB
More informationClinical Trials Insurance
Allianz Global Corporate & Specialty Clinical Trials Insurance Global solutions for clinical trials liability Specialist cover for clinical research The challenges of international clinical research are
More informationDutch tax treaty overview Q3, 2012
Dutch tax treaty overview Q3, 2012 Hendrik van Duijn DTS Duijn's Tax Solutions Zuidplein 36 (WTC Tower H) 1077 XV Amsterdam The Netherlands T +31 888 387 669 T +31 888 DTS NOW F +31 88 8 387 601 duijn@duijntax.com
More informationArgentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile
Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)
More information15 Popular Q&A regarding Transfer Pricing Documentation (TPD) In brief. WTS strong presence in about 100 countries
15 Popular Q&A regarding Transfer Pricing Documentation (TPD) Contacts China Martin Ng Managing Partner Martin.ng@worldtaxservice.cn + 86 21 5047 8665 ext.202 Xiaojie Tang Manager Xiaojie.tang@worldtaxservice.cn
More informationSugar Monthly Import and Re-Exports
Sugar Monthly Import and Re-Exports Fiscal Year (FY) 2017 Report December 2016 The December WASDE report shows FY 2017 WTO raw sugar tariff-rate quota (TRQ) shortfall projected at 99,208 short tons raw
More informationSelf Insurance, Regional Arrangements, and Preemptive Financing: The experience of Brazil
Crisis Prevention in Emerging Markets Self Insurance, Regional Arrangements, and Preemptive Financing: The experience Brazil High Level Seminar on Crisis Prevention July 1-11, 11, 26 Singapore Joaquim
More informationThe current state of ICOs
The current state of ICOs A concise overview of ICO overall developments, regions, raised capital and the biggest projects Contents Preface... 2 1. Current ICO developments in Q1 2018... 3 1.1 Raised ICO
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, July 14,
More informationCONSTRAINTS FOR ENERGY/ENVIRONMENTAL TAXATION IN SPAIN
CONSTRAINTS FOR ENERGY/ENVIRONMENTAL TAXATION IN SPAIN Xavier Labandeira Economics for Energy and rede, University of Vigo ENTRACTE-CECILIA Joint Climate Workshop Dublin, 13 September 2013 Contents Reasons
More informationDealing with a change in the economic growth pattern, high unemployment and the need for fiscal sustainability
Dealing with a change in the economic growth pattern, high unemployment and the need for fiscal sustainability Elena Martín Córdova Doha, November 2009 1 General Outlook I. Special features of the Spanish
More information2009 Half Year Results. August 25, 2009
1 2009 Half Year Results August 25, 2009 2 Caution statement This presentation may contain forward looking statements, which are subject to risk and uncertainty. A variety of factors could cause our actual
More informationTotal tax contribution in 2012 A report on the economic contribution made by BBVA Group to public finances
1 Index 1 Introduction 2 Distribution of BBVA Group's tax payments by geographical area 3 Tax responsibility 4 5 Tax charged in the financial statements in 2012 6 Main conclusions 2 1 Introduction Tax
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, December
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, February
More informationPENTA CLO 2 B.V. (the "Issuer")
THIS NOTICE CONTAINS IMPORTANT INFORMATION OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES (AS DEFINED BELOW). IF APPLICABLE, ALL DEPOSITARIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING
More informationFedEx International Priority. FedEx International Economy 3
SERVICES AND RATES FedEx International Solutions for your business Whether you are shipping documents to meet a deadline, saving money on a regular shipment or moving freight, FedEx offers a suite of transportation
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Thursday, July
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, January
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Wednesday, April
More informationWhy Don t Banks Lend? The Mexican Financial System. Stephen Haber Stanford University
Why Don t Banks Lend? The Mexican Financial System Stephen Haber Stanford University 180% 160% 140% 120% 100% 80% 60% 40% 20% 0% Mexico s banking system is miniscule Figure 1: Ratio of Private Bank Credit
More informationToday's CPI data: what you need to know
Trend Macrolytics, LLC Donald Luskin, Chief Investment Officer Thomas Demas, Managing Director Michael Warren, Energy Strategist Data Insights: Consumer Price Index, Producer Price Index Friday, August
More informationGlobalisation, development financing and Chindia in Latin America
Globalisation, development financing and Chindia in Latin America Latin American Economic Outlook 28 Javier Santiso Director & Chief Development Economist OECD Development Centre Bern, 11th March 28 Swiss
More informationOutlook for the World Economy: Implications for the Caribbean. Saul Lizondo. Western Hemisphere Department International Monetary Fund
Outlook for the World Economy: Implications for the Caribbean Saul Lizondo Associate Director Western Hemisphere Department International Monetary Fund Trinidad id d and Tobago, September, 1 Presentation
More informationStudy Presentation. Vice President, OPORA RUSSIA. N.I. Zolotykh. July 9, 2010.
Study Presentation Vice President, OPORA RUSSIA N.I. Zolotykh July 9, 2010. 1 Study Partners RUSNANO T h e p r o j e c t w a s p e r f o r m e d b y : B a u m a n I n n o v a t I o n / S t r a t e g y
More informationLatin America: the shadow of China
Latin America: the shadow of China Juan Ruiz BBVA Research Chief Economist for South America Latin America Outlook Second Quarter Madrid, 13 May Latin America Outlook / May Key messages 1 2 3 4 5 The global
More informationTAX REFORM TO IMPROVE TAX COMPLIANCE
TAX REFORM TO IMPROVE TAX COMPLIANCE Juan Toro IMF s Fiscal Affairs Department -- Assistant Director 7th IMF-Japan High-Level Tax Conference For Asian Countries Tokyo, April 5-7, 2016 Outline Challenges
More informationSANGAM GLOBAL PHARMACEUTICAL & REGULATORY CONSULTANCY
SANGAM GLOBAL PHARMACEUTICAL & REGULATORY CONSULTANCY Regulatory Affairs Worldwide An ISO 9001:2015 Certified Company Welcome to Sangam Global Pharmaceutical & Regulatory Consultancy (SGPRC) established
More information