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October 2, 2017

Puerto Rico
Puerto Rico Before Maria Puerto Rico Before Maria

My new discussion paper with Greg Makoff on economic and demographic trends in Puerto Rico.

July 16, 2018

Puerto Rico
Looking Back on Fiscal 2018 as Puerto Rico Starts a New Fiscal Year Looking Back on Fiscal 2018 as Puerto Rico Starts a New Fiscal Year

Sales tax revenues have recovered. Fiscal year 2019, which started in July, should be a good year thanks to Federal disaster aid. The real question though is what happens when Federal aid starts to f…

July 2, 2018

Mexico
Presidential candidate Andres Manuel Lopez Obrador gestures as he addresses supporters after polls closed in the presidential election, in Mexico City, Mexico July 2, 2018. López Obrador and the Future of Mexican Democracy

Yesterday, Andrés Manuel López Obrador, best known by his initials, AMLO, won Mexico’s presidential election decisively. After 18 years on the campaign trail, including two previous failed presidential runs, thousands of rallies, and, by his count, a visit to every one of Mexico’s 2,400 municipalities, the Tabasco-born politician received the support of 53 percent of voters at the polls, according to an offical rapid count by electoral authorities. Meanwhile, the National Regeneration Movement (MORENA), López Obrador’s four-year-old political party, gained a majority in congress, and a majority of the nine governorships up for grabs.

June 27, 2018

Mexico
Alan Ortega/Reuters Is Political Change Coming to Mexico?

Andres Manuel Lopez Obrador will likely become Mexico’s next president at a time of mounting concern over corruption and violence, but his reform plans are hazy.

February 22, 2018

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

May 7, 2018

Mexico
Institutional Revolutionary Party (PRI) presidential candidate Jose Antonio Meade waves after a meeting with the National Chamber of Commerce (CANACO) in Mexico City, Mexico April 19, 2018. Mexico’s Ruling Party Is a Dead Man Walking

Enrique Pena Nieto was supposed to be the Institutional Revolutionary Party's savior. But instead, the ruling party looks to lose in the upcoming elections with candidate Jose Antonio Meade. Yet the PRI's political model will live on in the form of MORENA's Andres Manuel Lopez Obrador.

April 27, 2018

Venezuela
Venezuela's Oil Minister and President of the Venezuelan state oil company PDVSA Manuel Quevedo attends the event launching the new Venezuelan cryptocurrency "Petro" in Caracas, Venezuela February 20, 2018. Why Oil Sanctions Against Venezuela No Longer Make Sense

This post is co-written by David R. Mares, the Institute of the Americas chair for Inter-American Affairs and professor for political science at the University of California San Diego and the Baker I…

April 26, 2018

Human Rights
Demonstrators protest against police violence and the government of Nicaraguan President Daniel Ortega in Managua, Nicaragua on April 23, 2018. Why We Must Never Give Up on Democracy

In Nicaragua and Armenia today, people are rising up against tyranny and demanding human rights and democratic rights. Nicaragua has been suffering under a decade of misrule and deepening tyranny …

April 25, 2018

Mexico
Leftist front-runner Andres Manuel Lopez Obrador of the National Regeneration Movement (MORENA) gestures while leaving the Palacio de Mineria after the first presidential debate in Mexico City, Mexico April 22, 2018. The Coming Presidential Elections in Mexico: Will López Obrador maintain the Lead?

This is a guest post by Isidro Morales, a professor of the School of Government at Tecnológico de Monterrey, Santa Fe (Mexico City) campus. On Sunday April 22, the first of three presidential deba…