By Alan Finkelstein Shapiro and Victoria Nuguer Registering a business in Latin America is not for the faint of heart. Multiple procedures -- ranging from establishing by-laws and a legal structure to registering the company with authorities -- have to be carried out. Labyrinthine bureaucracies have to be negotiated. Lawyers and accountants are often hired to avoid … [Read more...] about When Lower Barriers to Firm Creation Translate Into More Resilient Economies
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Monitoring Corruption in Mexico: The Watchful Eye and the Cracking Whip
Corruption is a widespread problem in Latin America, despite recent progress. Some cases can have high visibility, especially when high-level authorities are involved in multi-million dollar scandals. Other cases stay mostly out of the spotlight, as they involve low-level civil servants who, for example, take bribes to approve a permit. Although they might seem isolated and … [Read more...] about Monitoring Corruption in Mexico: The Watchful Eye and the Cracking Whip