Not Your Grandma’s Cuba: A New Day in the Caribbean
Today, July 20, 2015, Cuba and the United States reopened embassies in Washington and Havana for the first time in decades,
Cuba in Transition: Interview with Otaviano Canuto, IMF Executive Director
https://youtu.be/iouVIUBQXcQ GEDProject Published on Jul 20, 2015 Cuba it clearly experiencing a transition. But a transition to what? What’s the endgame here? And what can the international community do…
Latin American Corporate Finance: Is There a Dark Corner?
Since last year there has been much talk of possible financial stress stemming from increased debt leverage in non-financial corporates of emerging markets economies. A recent study has brought…
Financial Times – The cost of Brazil’s closed economy
Brazil’s is an unusually closed economy as measured by trade penetration, with exports plus imports equal to just 27.6 per cent of GDP in 2013. As the potential productivity gains from participation in global production networks increase, so does the opportunity cost of Brazil’s failure to open its economy.
The East Asian Miracle 2.0
"The features of East Asia's experience in transitioning from middle- to high-income status provide important lessons for other countries that are attempting to follow suit."
Bucking the Trend: Poverty Reduction and Inequality in Latin America
Recent data show that poverty is falling around the world. Today, 43 percent of people are considered to be living in “poverty” (on less than $2 per day), compared…
An Inconvenient Truth for Latin America
The causes and effects of climate change are better known today than ever before. Whether it is world leaders meeting to discuss climate policy in Cancun or Copenhagen, Al…
Can Developing Countries Continue to Lead Global Growth?
Developing countries are emerging as the new engine of global growth, but this success has led to new challenges that policy makers must overcome if their countries are to continue driving the world economy forward.
The Day After Tomorrow: A Handbook on the Future of Economic Policy in the Developing World
The Day After Tomorrow: A Handbook on the Future of Economic Policy in the Developing World (at the Wilson Center) https://youtu.be/bAu0GhuwX7Y Economists Otaviano Canuto (right) and Marcelo Giugale pointed to a major…
Inter-American Dialogue – Latin America Economic Growth
JULY 6, 2010 Latin America Economic Growth Panelists talked about the future of Latin America’s economy and whether Latin America’s prospects would remain dependent on the fortunes of the industrialized countries…
Securitization in Latin America: advantages of latecomers
It may seem odd that a relatively upbeat assessment of the prospects for securitization in Latin America (by Michela Scatigna and Camilo Tovar) has been released this month in the BIS…
Repricing of Latin American Risks
As global financial markets undergo a new phase of repricing risks and normalization of global asset prices, after the peak of a Minsky credit cycle, the current (long or short) period of turbulence…