Politics, Business & Culture in the Americas

Paulo Guedes’ Biggest Dilemma

Brazil’s finance minister must figure out how to balance an expensive emergency aid program, growing market concerns, and his boss: the president.


Moody’s: Lula Appointment Could Spell End of Fiscal Adjustment in Brazil

Brazil’s political crisis is moving at such intense speed that it’s hard for even dedicated analysts to keep up. AQ’s editor-in-chief spoke on Tuesday with Moody’s ratings agency’s chief analyst for Brazil, Samar Maziad, about how the changes in Brasilia are affecting the economy. At the time, there were rumors that former President Luiz Inácio … Read more


How to Protect and Defend Free Trade

The expansion of global trade in recent decades has contributed significantly to economic growth and poverty reduction throughout the Western Hemisphere. Fueling this trade expansion were two major structural changes in the global economy: the globalization of manufacturing processes and an unprecedented increase in the trade of services and outsourcing across borders. With the onset … Read more


Latin America’s Middle Income Trap

Latin America’s recent economic success carries with it the risk of complacency among the region’s policymakers. Economic growth during 2003–2007 was the highest in the region since the adoption of neoliberal policies in the early 1980s. Most of South America seems to be well on the road to recovery from the global financial crisis, while … Read more

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