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Temer's Gambit
Until May 17, it seemed as though President Michel Temer could survive in the presidency until the 2018 elections, despite various pending allegations against him. Read More
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May 16, 2017
Americas
Many of Latin America’s largest economies are stuck in the so-called “middle-income trap,” with slowing productivity growth making it unlikely that they will catch up to the top global economies in the near term. Countries in the middle income trap are losing competitiveness with poor economies on manufactured exports, but are also unable to compete with wealthier economies in high-skill innovation. As a result, they are “stuck” in the middle income category, and they have been stuck for a long time.
Read MoreMay 15, 2017
Mexico
While tweets and speeches may continue to cause consternation in Mexico and Canada, the existential threat to NAFTA seems to have passed.
Read MoreMay 12, 2017
Chile
In my piece published this week on Foreignaffairs.com, I reflect on the end to Chile’s exceptionalism and why, after three decades of democratic growth, protests now envelop the country. I argue that Chile’s next president will have to find a more inclusive economic model, based on more than copper, if it wants to return to stable and prosperous growth, and reassume the exceptional mantle, in the future. You can read the first three paragraphs of the article below:
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