TAG: Economy
Over the last few decades Argentina’s economic history has been characterised by a series of boom-and-bust cycles, which has resulted in sluggish growth and weaker gains in both total and per capita GDP figures.
More than one year since State Counsellor Aung San Suu Kyi took up the reins of a civilian-led government in Myanmar, C-suite executives surveyed by OBG remain broadly positive about the outlook for the country despite significant challenges and risks.
Presented with two major challenges, Peru's economy has shown substantial resilience to record positive growth in 2017. While the damage caused by the El nino weather phenomenon and the effects of the Odebrecht corruption scandal have represented hurdles, significant public investment has driven a swift rebound. In Oxford Business Group's third OBG Business Barometer: Peru CEO survey, 89% of respondents were positive about local business conditions in 2018, while two-thirds predicted GDP would grow by more than 3% in the coming year, pointing towards a positive near-term outlook.