Emerged Economies
In the post-recession era, developing countries have come out on top. And they're going to stay there.
In the post-recession era, developing countries have come out on top. And they're going to stay there.
Picture a Latin American country sitting on US$350 billion of international reserves, while running current account deficit, fiscal deficit and paying an interest bill on public debt that hovers…
Like the rest of the world, the economic slowdown has not been favorable in Latin America. In general, exports are falling, unemployment is rising and the economic predictions are grim. Regional experts point to Honduras and Brazil as representing two different responses to the economic downturn
First appeared here: Globalization Team at the Institute of Development Studies (org.). Voices from the South: The Impact of the Financial Crisis on Developing Countries, Institute of Development Studies, Sussex, p.…
WILSON CENTER, Washington, D.C., June 20, 2008 https://youtu.be/jWfvqaFHjfs
A lot has been said in recent years about why Brazil has high interest rates and we shall return to the issue. Let me today address one aspect of the latest…