Politics, Business & Culture in the Americas
cuba

The Trouble With Cuba’s New Economy

When Raúl Castro steps down as Cuba’s president in February 2018, he will hand off to his successor the unfinished task of reforming the economy. It is Cuba’s most urgent need and, at the same time, an increasingly controversial one. Castro succeeded his brother Fidel as president in 2008 amid serious structural economic problems on … Read more

ryanepn

Why U.S. Tax Reform Threatens Mexico’s Financial Future

While tweets and speeches may continue to cause consternation in Mexico and Canada, the existential threat to NAFTA seems to have passed. President Donald Trump is now talking about giving “renegotiation a good, strong shot” rather than rescinding the free trade agreement entirely. On the docket will be intellectual property, labor rights, e-commerce, rules of … Read more

meade_1

Here’s What Should Worry Mexico More Than NAFTA

It’s fair that Mexican officials would fret over U.S. President Donald Trump’s threats to walk away from the North American Free Trade Agreement (NAFTA) – 80 percent of Mexican goods are currently exported to the U.S., and any change to the 23-year-old deal will surely be economically and politically disruptive. But other potential changes in … Read more

Casa_de_Cabmio

Argentina’s Return to Honest Accounting Is More Than Just Numbers

Nearly four years after Argentina became the first country to be censured by the International Monetary Fund (IMF) for providing inaccurate data on inflation and economic growth, the international body on Nov. 9 restored the country to good standing. The move provided a win for the government’s reform agenda and offered a positive sign for hesitant … Read more

BNDES

BNDES Helped Save the Olympics. But Is it Hurting Brazil?

Corrections appended below Updated 8/17/2016 New leadership atop Brazil’s massive national development bank is unwinding a decade of rampant lending that fed large conglomerates and strained the country’s finances. Over the past half-century, Brazil’s Banco Nacional de Desenvolvimento Economico e Social (BNDES) built huge power plants and highways through the industrial southeast, aided social programs in the … Read more

Youth Unemployment

As Latin America’s Economies Falter, Young Workers Lose Out

This article was updated on May 4. Latin America and the Caribbean are on course for back-to-back years of recession for the first time in 35 years, but the pain isn’t being spread equally. With some of the highest jobless rates of any age group in the region, young Latin Americans have proven particularly vulnerable to … Read more

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