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Brazil’s GDP is poised to decline by close to 7% in 2015-2016. Per capita GDP in 2016 is likely to shrink by more than 10% as compared to three years ago. We argue here that a double malaise has...
Mexico is the 15th largest country by GDP and the 18th largest country by exports in the world. IMF forecasts a moderate real GDP growth of 3.8%, which is above developed economies.Since 1990 foreign direct investments net inflow has...
It is pretty well-known that Argentine sovereign bonds have performed incredibly well in the past year. The change of government, the end of the conflict with its holdouts and the country's re-entrance in the international credit markets gave local...
Brazilian economic activity and its setbacks in July and August suggest that the recovery could be slower than previously thought. Economic activity disappointed at the beginning of the second half of the year, suffering a deterioration from the previous months....
From 7-10 October, upwards of 21,000 Argentinians headed for the Los Libertadores border crossing to flee the country for basic goods in Chile amid the staggering inflation in Argentina. This was a remarkable representation of the economic situation in...
No matter how sound their business plans are, European investors in Cuba, competing for a $500 million Havana airport project and more than $1 billion worth of renewable-energy projects, are facing an uphill struggle to obtain funding. That’s due...
As the U.S. election cycle comes to an end, Latin America has its own lessons for the United States in dealing with political and economic populism. Presidential candidates, such as Donald Trump and Bernie Sanders, captivated millions of voters in...
Brazil’s GDP contraction since mid-2014 has multiple non-fiscal roots - Canuto (2016a; 2014) - but it has morphed into an unsustainable fiscal trajectory (Canuto, 2016b). Dealing with the latter has become a precondition for full economic recovery and the Brazilian government has...
It is looking increasingly like the US Presidential election is over but the crying, and most likely the fence between the US and Mexico will not become a wall.  The third and final debate was last night and it...
Cuba is amid negotiations with foreign investors for the construction of 150 megawatts of utility-scale photovoltaic projects, and another 200 mw may be up for grabs eventually, Cuban officials announced. According to the standard of $2 million per mw Cuba uses in its...
New changes in the mining sector may grant Bolivia further control of the country’s extractive industries, but increasing public expenditures and decreased oil revenues may force the government to open up new opportunities for private investment after all.    Since...
Now I finally have the ultimate inducement to visit Trinidad. Yes, Starbucks just opened on the island. How wonderful is that? Heaven, pure Heaven. A cup of Starbucks high test served alongside a plate full of goat curry. According...

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