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November 13, 2018

Puerto Rico
Could Maria’s Legacy Be a New Debt Trap for Puerto Rico?

President Trump is right to worry that disaster aid will end up bailing out the holders of Puerto Rico's bonds, but there are better solutions to that particular problem than cutting off disaster aid…

Could Maria’s Legacy Be a New Debt Trap for Puerto Rico?

November 15, 2012

Sub-Saharan Africa
Costas Vaxevanis and Nuhu Ribadu—Birds of a Feather

This is a guest post by Jim Sanders, a career, now retired, West Africa watcher for various federal agencies. The views expressed below are his personal views and do not reflect those of his former e…

Africa - Costas Vaxevanis

September 27, 2017

Puerto Rico
Puerto Rico After Maria: Initial Thoughts on the Fiscal and Economic Implications

Puerto Rico faced immense challenges even before the devastation from Hurricane Maria. Its economy is 15 percent smaller now than it was ten years ago, and the latest high frequency indicators from t…

Puerto Rican and U.S. Flags

February 22, 2018

Puerto Rico
Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Positive Growth Shock for Puerto Rico?

Puerto Rico’s latest fiscal plan appears to use a best case scenario as its base case. It consequently doesn’t provide a realistic benchmark for evaluating Puerto Rico’s long-run capacity to pay.

Counting Chickens Long Before They Hatch: Should Hurricane Maria Be Modeled as a Positive Growth Shock for Puerto Rico?

August 9, 2023

Latin America
Latin America This Week: August 9, 2023

Hot winters in the Andes and Southern Cone threaten Latin America’s advantages; Panama, Costa Rica, Mexico aim to ride U.S. semiconductor industrial policy coattails; Colombia’s new ceasefire agreeme…

One of Intel’s buildings in Guadalajara, Mexico.