126 Results for:

February 26, 2005

Emerging Markets
Has Argentina changed the rules of the sovereign debt game?

Argentina is on the verge of completing one of the largest sovereign debt restructurings in history. Argentina is seeking to restructure about $82 billion in bonds, plus $21 billion or so in past d…

March 4, 2005

Emerging Markets
A few lessons for Mary Anastasia O Grady

I do not expect to consistently agree with the oped page of the Wall Street Journal. But I do not think it is too much to ask that the columnists on oped page of the Journal try to square their argu…

July 25, 2005

Emerging Markets
It would be easier to take creditor complains about Argentina more seriously …

if international investors -- not just local ones -- were not scrambling all over themselves to buy Argentina's most recent dollar-denominated bond issue. Yes -- evey now and again, I do still in…

December 8, 2005

United States
Emerging market bubble watch - and a word or two on dark matter

Ecuador is the kind of country that can borrow only when times are really, really good for emerging economies.  It has been and - as far as I can tell - remains politically dysfunctional.   It tends …

December 5, 2006

Americas
Welcoming Latin America's New Left

Over the last eighteen months Presidential elections occurred in twelve Latin American countries. While Hugo Chavez and his anti-American tirades grab most of the headlines, these elections actually …