Categoría: English / 16 de noviembre de 2011
Brookings Latin American Economic Perspectives - November 2011
The global outlook worsened in the second quarter of 2011 as stimulus programs failed to achieve self-sustained growth in the developed world, leading to a downward revision of past economic data and future growth prospects. Output gaps that may be larger than previously thought plus the eventual risk of a disorderly default in Europe kept risks tilted downward. In China, growth is still about 9 percent, but inflation is inducing a monetary tightening that may hinder growth.

Categoría: English / 16 de septiembre de 2011
A Euro Exit: Lessons from Argentina’s Economic Crisis
Because the European crisis is both financial and real, any solution that focuses solely on debt restructuring (either through a bailout or a default) is likely to be insufficient if it is not complemented with a plan to recover price competitiveness. An “internal devaluation” (a big wage cut) looks politically unfeasible and economically self-defeating. Hence, the growing debate over a euro exit that promises to boost external demand while avoiding painful nominal cuts.

Categoría: English / 1 de junio de 2011
Graduation Season: Moving Toward Advanced Economy Status
The Brookings Graduation Scorecard ranks emerging markets based on four core areas: economic growth, financial resilience, policy track record and broad development factors.

Categoría: English / 15 de abril de 2011
Brookings Latin American Economic Perspectives - April 2011
Overheating and inflationary pressures in Latin America are rising, and many financial regulators wonder whether domestic credit is already growing excessively. On the fiscal front, the region is now facing the well-known fact that tightening during an upturn is harder than loosening during a recession.

Categoría: English / 14 de abril de 2011
Curbing Success in Latin America
There are two Latin Americas and one is thriving. While Central America and the Caribbean are still struggling with the effects of the 2008 economic crisis and may grow below 2 percent this year, the stellar seven (Argentina, Brazil, Chile, Colombia, Mexico, Peru and Uruguay) passed with flying colors the test of the global slowdown...

Categoría: English / 16 de septiembre de 2010
Brookings Latin American Economic Perspectives - September 2010