For more than two centuries the United States has loomed—for good and ill—over its southern neighbors. But that longstanding hegemonic role is fading. After two decades of robust growth and democrati…

[This post was co-authored with John Polga-Hecimovich*] By the end of 2017, the Venezuelan economy will likely be less than three-quarters of its 2013 size. Inflation is set to increase from 700 p…

After emerging from the 2008 financial crisis relatively unscathed, Brazil’s inevitable entrance into the club of major global powers is increasingly accepted. The Internationalist and Carlos Simonse…

A vast gulf remains between development financing and development goals. International competition could help bridge that gap, but has produced mixed results to date.