Economics & Finance Archives - Page 25 of 30

Monday Memo: Brazil Elections – Uruguay Elections – Citgo Petroleum – Protests in Haiti – Chiquita

This week’s likely top stories: Brazil’s President Dilma Rousseff is re-elected; Uruguayan elections move to a second round; Venezuela scraps the sale of Citgo Petroleum; Haitians protest a lack of elections; a Brazilian consortium acquires Chiquita. Dilma Rousseff Re-elected President of Brazil: Brazilian President Dilma Rousseff was narrowly re-elected on Sunday in a runoff election … Read more

Fresh Look Reviews

Fresh, unique perspectives on recent books from across the hemisphere originally published in English, Spanish and Portuguese.

Cuba and Colombia

Articles: published article?1 A Skeptic’s View on the “Peace Dividend” by Alberto Bernal The economic benefits are neither direct nor certain. The Obstacles to Political Integration Post-Peace by Juanita León The obstacles to political integration. Full text available. Law and Reconciliation in Colombia by Rodrigo Uprimny Yepes and Nelson Camilo Sanchez Here’s how to achieve … Read more

U.S. Judge Holds Argentina in Contempt

At a hearing yesterday, U.S. Federal Judge Thomas Griesa decided to hold Argentina in civil contempt of court, asserting that the country’s recent efforts to circumvent his ruling on debt repayment are illegal. Argentina’s Congress passed a law on September 11 that would replace Bank of New York Mellon Corp. as a bond trustee with … Read more

Monday Memo: Canadian Executive Jailed – Missing Mexican students – Venezuelan Bolivar – Murder Suspects in Peru – Colombian Hackers

This week’s likely top stories: Canadian businessman Cy Tokmakjian is sentenced to 15 years in Cuba; Mexico searches for 58 missing students; Venezuela’s bolivar hits a new low; Peru arrests two suspects in the murder of Indigenous activists; Colombian peace negotiator Humberto de la Calle says his e-mail was hacked. Canadian executive jailed in Cuba: … Read more

How to Grow a City: A Look Inside Honduran ZEDEs

When an outsider looks at Honduras, it’s hard not to see the worst: poverty, institutional corruption and violence run rampant. When a country grabs international headlines for its president being ousted by the military after attempting to extend his own term, or for having by far the highest murder rate in the world, or for … Read more

Argentina: ¿En Default?

El “default” de Argentina tiene tantas lecturas como tenedores de bonos argentinos hay en EEUU. La apreciación sobre si el país está o no en cesación de pagos ha extendido el debate económico al campo político, en donde el concepto “soberanía” se ha agitado de manera preponderante por el gobierno de Cristina Fernández de Kirchner. … Read more

Brazil’s INOVAR: Building an Entrepreneurship Ecosystem

Lately, Brazil has been in the business of building things from the ground up. From stadiums that hold millions of people to entire market ecosystems, this is challenging work for a government. In anticipation of the World Cup, Brazil received heavy criticism for its infrastructure development. However, Brazil’s efforts at developing an entrepreneurship ecosystem have … Read more

Stocks Plummet as Argentina Defaults

Argentina’s stock market fell 8.4 percent on Thursday after the country slid into what Standard & Poor is calling a selective default. Despite emergency negotiations Wednesday night, holdout bondholders and Argentina’s Finance Minister Axel Kicillof were unable to reach a compromise. The default crisis was sparked by lawsuits led by Paul Singer for $1.5 billion … Read more

The EU is engaged in a discussion that will yield no change in human rights conditions on the island. The U.S. would be wise not to follow the EU’s lead.

In March, the European Union (EU) and the Cuban government announced a renewal of bilateral talks on trade and investment. Lured by Cuba’s proposed social and economic reforms, including a new foreign investment law, the expansion of self-employment, and loosened travel restrictions, the EU agreed to return to the negotiating table for the first time … Read more

Venezuela Before Chávez: Anatomy of an Economic Collapse by Ricardo Hausmann and Francisco R. Rodríguez

During the 1970s, Venezuela was the richest country in Latin America. With the region’s highest growth rates and the lowest levels of inequality, it was also one of the most stable democracies in the Americas. But starting in the early 1980s, things fell apart. The nation endured three coup attempts and one presidential impeachment. Per … Read more

Policy Updates

A snapshot of policy trends and successes in the region.

Student Debt in the Americas

The promise of upward mobility for Latin America’s new middle classes has led to swelling university enrollment rates, but also to growing debt.1 In Colombia, high school graduates enrolling in higher education rose from 24.87 percent in 2002 to 45.02 percent in 2012.2 Meanwhile, in 2011, 23 percent of 25- to 34-year-old Mexicans had attained … Read more

Academic Brain Drain

A recurrent theme in the immigration debate is how the United States can keep and attract the world’s brightest minds. President Barack Obama and others favor maintaining and perhaps even expanding the number of visas for high-skilled immigrants. In his 2013 State of the Union address, Obama said the U.S. needed to “attract the highly … Read more