Venture capital and a technology boom could help offset political uncertainty, the former IDB chief says.
President Luis Abinader has high approval amid high growth—but changing economic conditions are a threat.
Escaping Latin America’s middle-class trap means making real social investments, not cutting one-off checks.
The government’s latest economic package falls short of the reforms needed for sustained growth.
The growing educational gap will cause devastating damage to inequality – and economic growth – for years to come unless we take the warning signs seriously.
Latin America’s largest economy entered the pandemic before it could heal from its worst recession in decades.
The region should focus on bringing women into the workplace when the post-outbreak rebuilding begins.
No Region Left Behind: Has the recent financial crisis provided the necessary impetus for sovereign wealth in Latin America?
Has the financial crisis provided the push Latin America needs to expand sovereign wealth? For a while, it was possible to imagine that the region’s hard-won prosperity over the past decade, gained from harvesting the fruits of the earth from soya to copper had provided Latin America with a comfortable cushion in the form of … Read more
Over the last two decades, Latin American governments have expanded the social benefits packages available to their people. The classic universal model of social welfare policies paid for public services such as health and education, and provided social insurance money transfers that covered risk through contributory payments for items such as retirement and unemployment insurance. … Read more
Is globalization a leading cause of rising inequality? Or does it help reduce poverty? These questions are at the heart of the major economic and social challenges confronting both high income and developing countries today. For developed industrial nations, the answers are bound to determine the outcome of the currently troubled Doha Round of trade talks—and possibly the future direction of the global multilateral trading system itself. But the stakes are no less high for developing countries.
Over the past two decades, democracy has taken hold in the vast majority of Latin American countries. Notwithstanding an anti-market backlash led by Venezuela, the region as a whole has benefited from stable economic policies and improved growth rates. Yet these gains remain imperiled by persistent poverty and income inequality. According to a May 2008 … Read more