EIU Country Analysis

FROM THE ECONOMIST INTELLIGENCE UNIT The following is an extract from our full Automotive Report for this country Demand: In #### the UK market for automotive components was valued at an estimated £##.#bn (US$##.#bn), up from £##

Country Risk Service Serbia November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Serbia at a glance: ####-## OVERVIEW The government, led by the Democratic Party (DS), will find it difficult to reconcile the

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: Although Mr Correa has brought some political continuity to a country wracked by chronic instability, governability will weaken owing to a lack of a legislative majority for his party

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: The prime minister, Bruce Golding, will face an increasingly precarious economic and social balance during the outlook period as his government formally returns to the IMF, an economically necessary

FROM THE ECONOMIST INTELLIGENCE UNIT (Forecast closing date: November #rd ####) The UK is the third-largest automotive market in the EU, after Germany and Italy, with a total of #.##m new passenger cars sold in #### (down from

FROM THE ECONOMIST INTELLIGENCE UNIT The following is an extract from our full Automotive Report for this country Demand: The number of alternative fuel-powered vehicles (which emit lower levels of CO# than traditional passenger cars) in the UK rose

FROM THE ECONOMIST INTELLIGENCE UNIT The following is an extract from our full Automotive Report for this country Demand: Sales of light commercial vehicles (LCVs) rose at a modest pace in both #### and #### to reach a peak of

COUNTRY VIEW FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: Although Mr Correa has brought some political continuity to a country wracked by chronic instability, governability will weaken owing to a lack of a legislative majority for

FROM THE ECONOMIST INTELLIGENCE UNIT The following is an extract from our full Automotive Report for this country Demand: The UK automotive market grew at a robust pace between the early ####s and ####, with the number of new passenger

Country Risk Service Ecuador November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Ecuador at a glance: ####-## OVERVIEW Governability will become more difficult for the president, Rafael Correa, in the outlook period as

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: The political outlook during the forecast period hinges to a large degree on the conduct and outcome of the general election that is due to take place in May

Policy towards private enterprise and competition ####-##: Heterodox policies undermine security of investment environment. Persistent distortions in product markets. Efforts to stifle uncompetitive practices subject to politicisation. Further expansion of state role in economy. ####-##: Price controls in

Country Report Jamaica November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

Country Risk Service Jamaica November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Jamaica at a glance: ####-## OVERVIEW The prime minister, Bruce Golding of the Jamaica Labour Party (JLP), will face an increasingly

Despite efforts by the left-wing president, Rafael Correa, to negotiate with different groups of protesters, social unrest has not waned since protests began in earnest in early September (October ####, The political scene), weighing on governability. In October more

In mid-October the Inter-American Development Bank (IDB) approved a US$#bn multi-year loan programme for Ecuador, almost double the amount that the government had initially announced a few months earlier. According to the minister of finance, Maria

Country Report Ecuador November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

Country Forecast Ecuador November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Ecuador at a glance: ####-## OVERVIEW Governability will become more difficult for the president, Rafael Correa, in the outlook period as public

Country Risk Service Ethiopia November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Ethiopia at a glance: ####-## OVERVIEW The Economist Intelligence Unit expects the ruling Ethiopian People#;s Revolutionary Democratic Front (EPRDF) to

Country Report Ethiopia November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

Industry Report Automotive United Kingdom November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For

COUNTRY VIEW FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: Pasok emerged with a resounding victory over the incumbent centre-right New Democracy (ND) in the elections on October #th, with ##.#% support compared with ##

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: The government--led by For a European Serbia (ZES), an alliance dominated by the pro-EU DS of the president, Boris Tadic--is expected to come under increasing strain

FROM THE ECONOMIST INTELLIGENCE UNIT Current assessment On the whole, the Philippine banking system has proved highly resistant to the effects of the global financial crisis. Most banks have not overextended themselves in recent years. The loan to deposit ratio

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: The political outlook will remain challenging, given the fractious nature of coalition politics in Israel, with ## parties represented in the ###-seat Knesset (parliament) and six in the

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: Pasok emerged with a resounding victory over the incumbent centre-right New Democracy (ND) in the elections on October #th, with ##.#% support compared with ##.#% for

The government has presented its first bill, aimed at redistributing wealth by increasing taxes for the most profitable companies and individuals with large properties. According to the Ministry of Economy and Finance, the first tax surcharge will affect ### companies

FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: Mr Assad and his ruling Baath party are expected to retain a secure grip on the country, supported by key elements in the security services. The core of the

Country Forecast Serbia November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Serbia at a glance: ####-## OVERVIEW The government, led by the Democratic Party (DS), will find it difficult to reconcile the differences

Country Forecast Greece November #### The Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Greece at a glance: ####-## OVERVIEW The Panhellenic Socialist Movement (Pasok) emerged victorious in the elections of October #th ####, winning

COUNTRY VIEW FROM THE ECONOMIST INTELLIGENCE UNIT OUTLOOK FOR ####-## DOMESTIC POLITICS: The political outlook will remain challenging, given the fractious nature of coalition politics in Israel, with ## parties represented in the ###-seat Knesset (parliament) and six

Policy towards private enterprise and competition ####-##: The Panhellenic Socialist Movement (Pasok) will partly reverse the privatisation initiatives of the previous New Democracy (ND) government. Loan programme for small and medium-sized enterprises. ####-##: Aspects of competition policy

The prime minister, George Papandreou, has demanded a new procedure for appointing the ## secretaries-general and special secretaries for ministries and regional administrations. Previously, appointments to these positions were made at the discretion of the ministers, and the secretaries

Country Report Greece November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

Policy towards private enterprise and competition #####-##: Privatisation is piecemeal, with the last vestige of state bank ownership ending and ports privatised. ####-##: Deregulation of electricity sector. Partial land reform. Competition increases in financial services, energy, telecommunications and

The prime minister, Binyamin Netanyahu, has succeeded in navigating his large, unwieldy six-party coalition government through the challenges of the peace process (largely by deflecting efforts to revive Israeli-Palestinian talks) and difficult parliamentary legislation during his government#;s

Country Report Serbia November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

Country Report Israel November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

The rise in the price of family apartments, especially around the Tel Aviv conurbation, has come increasingly to public attention. Inevitably, this has pushed politicians at both the local and national level to respond. The extent of the price rise

Country Risk Service Philippines November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Philippines at a glance: ####-## OVERVIEW The president, Gloria Macapagal Arroyo, will remain in power until her term ends in June

Country Risk Service Israel November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Israel at a glance: ####-## OVERVIEW The political outlook will remain uncertain, with the right-wing coalition government of the prime

Country Forecast Israel November #### The Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Israel at a glance: ####-## OVERVIEW The political outlook will remain uncertain, with the right-wing coalition government of the prime

Policy towards private enterprise and competition ####-##: The privatisation of the generating assets of the National Power Corporation (Napocor, the state-owned power utility) leads to the liberalisation of the electricity market. More of the government#;s corporate assets

Country Forecast Philippines November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Philippines at a glance: ####-## OVERVIEW The president, Gloria Macapagal Arroyo, will remain in power until her term ends in June ####;

Policy towards private enterprise and competition ####-##: The government will favour production-sharing (rather than royalties) to exploit new "pre-salt" oil reserves. It will welcome increased private sector concessions in most other areas. Slow improvement to regulatory agencies

Country Risk Service Syria November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Syria at a glance: ####-## OVERVIEW There is little prospect of a serious challenge to the president, Bashar al-Assad, in

Country Report Syria November #### Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For ##

SOURCE: Industry Briefing

Country Forecast Brazil November #### The Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom Brazil at a glance: ####-## OVERVIEW With the economic recovery gathering momentum in the run-up to the October #### election

Country Report Belarus November #### The Economist Intelligence Unit ## Red Lion Square London WC#R #HQ United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For

FROM THE ECONOMIST INTELLIGENCE UNIT Moldova#;s pro-European parliamentary majority has amended the law on presidential elections, buying itself until mid-#### to negotiate the obstacle which defeated its Communist predecessor. The governing bloc won a narrow majority in

FROM THE ECONOMIST INTELLIGENCE UNIT Turkey#;s annual rate of inflation was #.#% in October, little changed on the #.#% rate seen in each of the two preceding months. Transport costs rose for the first time since February

FROM THE ECONOMIST INTELLIGENCE UNIT The OVP was initially in favour of nominating the former chancellor and minister of finance, Wilhelm Molterer, for the position, but the SPO preferred to renominate the current EU commissioner for external relations and European

FROM THE ECONOMIST INTELLIGENCE UNIT The new government blamed speculative profiteering by the banks and foreign-exchange bureaux-buy-sell spreads over this period widened from Lei#.# to Lei#.# for US dollar transactions and close to Lei# for

FROM THE ECONOMIST INTELLIGENCE UNIT Supplier credit is widely available, and factoring continues to grow in popularity-in part because of changes in the bankruptcy laws, which make it more attractive for banks to buy invoices than to make loans

FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT A release from the State Council (China#;s cabinet) noted the need to manage the balance between the speed of growth and controlling inflationary expectations. The previous core of policy, described as maintaining an "appropriately

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FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT Aside from the risks posed by his age and state of health, Mr Biya#;s previously iron grip on the ruling party seems to be weakening. Expressions of discontent with the administration from elements within

FROM THE ECONOMIST INTELLIGENCE UNIT Former militants demand promised jobs Militant group names mediation team Lasting peace is still a long way off

FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT Speaking at the end of the IMF mission, the Angolan economy minister, Manuel Nunes Junior, described the stand-by arrangement as a major victory for the government, endorsing its economic policy management and sending a

FROM THE ECONOMIST INTELLIGENCE UNIT Mr Allet#;s defection was ostensibly sparked by the public refusal of the leader of the MMM, Paul Berenger, to select him as the general election candidate of the MMM-UN-PMSD alliance for the

FROM THE ECONOMIST INTELLIGENCE UNIT According to the Fiscal Council, an independent body established in #### to monitor budget performance, the deficit target in the #### budget plan is Ft###bn lower than justified by the government#;s macroeconomic assumptions. Nonetheless

FROM THE ECONOMIST INTELLIGENCE UNIT Turkey#;s annual rate of inflation was #.#% in October, little changed on the #.#% rate seen in each of the two preceding months. Transport costs rose for the first time since February

FROM THE ECONOMIST INTELLIGENCE UNIT The Reserve Bank of Australia (RBA, the central bank) has raised its official cash rate (OCR) by ## basis points for a second successive month; the OCR now stands at #.#%. The RBA has

FROM THE ECONOMIST INTELLIGENCE UNIT China#;s policy response to the global economic crisis has been extensive, and appears to be proving highly effective. Massive fiscal stimulus and government support for lending, in particular, have helped the Chinese economy to

FROM THE ECONOMIST INTELLIGENCE UNIT McDonald#;s, a US fast-food group, announced in July #### that it would move its European headquarters from London to Geneva, in order to take advantage of the Swiss city#;s more favourable intellectual

FROM THE ECONOMIST INTELLIGENCE UNIT Examples of successful B#B e-commerce include the setting up of industry exchanges, or marketplaces, many of which extend beyond national borders. These include an online exchange for the retail industry called Agentrics, formed in

FROM THE ECONOMIST INTELLIGENCE UNIT For instance, executives at Dometic, a Swedish manufacturer of refrigerators, were paid about Skr###m in bonuses and other benefits despite the fact that the company was in financial trouble and in September #### was taken

FROM THE ECONOMIST INTELLIGENCE UNIT Unsurprisingly, Djibouti scored particularly badly in respect of participation and human rights. The political scene in Djibouti is dominated by the president, his family and supporters, and neither opposition nor independent media are tolerated. Djibouti

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FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT Current expenditure, by contrast, has shown a slight increase from CFAfr###bn in the first six months of #### to CFAfr###bn in the first half of this year. The budget for #### as a whole provided

FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT Of Nigeria#;s ## banks undergoing the special examination ordered by Lamido Sanusi after he was appointed CBN governor in June, ## were deemed to have adequate capital and liquidity for their current operations and

FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT After repeated denials by BNA officials that the government was considering abandoning its unofficial peg with the dollar, on October #nd the BNA increased its offer of dollars to commercial banks from US$##m earlier

FROM THE ECONOMIST INTELLIGENCE UNIT A second issue is whether the presidential election should be held at the same time as the next legislative elections, as part of general elections. This would require either the current parliamentary term to be

FROM THE ECONOMIST INTELLIGENCE UNIT Although the value of exports in the first half of #### was #.#% less than a year earlier, this was due to a fall in the value of re-exports and ships#; stores and

FROM THE ECONOMIST INTELLIGENCE UNIT Data from the SSC reveal that the increase in real GDP during January- August was driven by an increase in the oil sector. During the first eight months of #### oil production increased by #

FROM THE ECONOMIST INTELLIGENCE UNIT Mr Micallef contrasted the country#;s lack of progress in this area with that of neighbouring Georgia and Armenia, where mayors are now elected. The election of the mayor of Baku would mark the fulfilment

FROM ECONOMIST.COM Lloyds and Royal Bank of Scotland are forced to sell businesses. AT THE height of the banking crisis, restoring financial stability was paramount for the British government. Worries about limiting the taxpayer#;s exposure came second. Ensuring

FROM THE ECONOMIST INTELLIGENCE UNIT The Reserve Bank of Australia (RBA, the central bank) has raised its official cash rate (OCR) by ## basis points for a second successive month; the OCR now stands at #.#%. The RBA has

FROM THE ECONOMIST INTELLIGENCE UNIT Brazil#;s industrial output rose by #.#% month on month in September, less than the #.#% increase of the previous month, according to seasonally adjusted figures. This marked the ninth consecutive month of

FROM THE ECONOMIST INTELLIGENCE UNIT North American countries have played a lead role in foreign direct investment into the Netherlands in ####. In October #### Coca-Cola (US) established a new can-production line in Dongen. This expanded the company

FROM THE ECONOMIST INTELLIGENCE UNIT Sentiment among manufacturers has also improved in recent months, but remains at historically weak levels. The October survey of business confidence in manufacturing rose to -#.#% from -#.#% in September, which is much

FROM THE ECONOMIST INTELLIGENCE UNIT In a country hard-hit by the credit crisis-where two major banks have been nationalised and another bailed out-DSB#;s collapse stands out for its lack of connection to the international financial crisis

FROM THE ECONOMIST INTELLIGENCE UNIT The former US ambassador to Sweden, Michael Wood, began a programme during his tenure to match Swedish clean-tech companies with US investors. Although Mr Wood returned to the US in mid-####, the embassy

FROM THE ECONOMIST INTELLIGENCE UNIT The Djibouti government is also aiming to reduce its dependence on Ethiopia and to boost transshipment traffic, which grew modestly from #.#% of total throughput in #### to #.#% in #### and ##

FROM THE ECONOMIST INTELLIGENCE UNIT Djibouti#;s standing in respect of investor protection, business set-up regulations and availability of credit is just about the worst in the world. It performed well in only two areas critical to its port

FROM THE ECONOMIST INTELLIGENCE UNIT Since then there have been signs that support within the UMP is far from unanimous, especially from the Afar Front pour la restauration de l#;unite et de la democratie (FRUD), and one minor party

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FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT

FROM THE ECONOMIST INTELLIGENCE UNIT Cameroon#;s electricity utility, AES-Sonel, has about #,### mw of installed generating capacity, which is still short of demand. The Memve#;ele dam will help to reduce the energy deficit and could even

FROM THE ECONOMIST INTELLIGENCE UNIT The services deficit will widen in #### to an average of #.#% of GDP in ####-##, driven primarily by prospecting in the hydrocarbon sector. The income deficit will remain steady at around #

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FROM THE ECONOMIST INTELLIGENCE UNIT The recovery reflects an easing of the decline in the tourist sector and the impact of public spending on projects in the energy and transport sectors. The slowdown in the financial intermediation sector has continued