Reducing Volatility from Cross-Border Banking Flows

Regulation can help Latin American nations reduce volatility from cross-border banking flows

How can emerging markets protect themselves from abrupt shifts in cross-border banking flows? That has been a fundamental question for economic policymakers in recent years, including those entrusted with banking supervision in regions like Latin America and the Caribbean. In a study made available online in May, Gabriel Cuadra and I examine the issue, focusing […]

Can Latin America Ride the Wave of Artificial Intelligence?

Latin America has much to gain from artificial intelligence, but must take steps to protect privacy and prevent bias

Artificial intelligence (AI), with its self-teaching smart machines, will transform Latin America and the Caribbean. It will not happen immediately. But it is inevitable, and the region needs to ensure that legislation and regulations are in place so that AI increases productivity without harming privacy or abetting discrimination. There is no time to lose. AI […]

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