Month – April 2016

Riding the Commodities Roller Coaster in Latin America

Commodity booms and busts are nearly as old as the discovery in Latin America of copper, coal and oil. But after the exhilarating rise of commodity prices during 2004-2012, the most recent descent, with its painful manifestations of contracting economies, fiscal deficits, currency depreciations and inflation, has struck the region particularly hard. But how hard? […]

Have Latin American Countries Become More Competitive?

Over the last two years, Latin America has experienced significant movements in nominal exchange rates. Between June 2014 and October 2015, most of the larger countries in the region  —including Argentina, Brazil, Colombia, Chile, Peru and Uruguay — saw nominal depreciations of at least 15 percent. The Brazilian Real lost more than 42 percent of […]

What Does Saving Have to Do with Resilience to Natural Disasters?

Investing in infrastructure is crucial for a country’s economic performance and growth prospects. In fact, it not only can make a difference in people’s everyday lives by providing better roads and schools, but it can actually save lives. During the last decade, Chile and Haiti provided two contrasting examples of this in the face of […]

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