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

