"What keeps you up at night?" That was a question posed to a gathering of leaders from government institutions around Latin America and the Caribbean some 25 years ago. In asking that question, the Research Department at the Inter-American Development Bank (IDB) laid down a mission that it has zealously pursued ever since. It's not just asking government leaders what worries … [Read more...] about The Unique and Essential Mission of Multilateral Research Departments
The crash on the New York stock exchange in 1929 brought depression to the world. That is probably why when the global financial crisis broke in 2008, some observers thought the contagion originating in New York would again spread south, causing a collapse in Latin America and the Caribbean. But that didn't happen. Why? The region's internal situation in 2008 was "lean and … [Read more...] about How Can Latin America and the Caribbean Avoid the Next Financial Crisis?