Navigating Latin America’s Learning Portals

Navigating Latin America’s Learning Portals

The trip can begin any time you like. All you need is a one-way ticket: fast Internet access. Now an itinerary: the route to learning something. Anything. Many things at once. Continuous, self-paced learning is now universally available throughout Latin America, at virtually no cost. Your passport is your ability to validate the learning that […]

Taking Psychometrics a Step Further

Taking Psychometrics a Step Further

Do the belief, attitudes, and personality of business owners or managers matter in determining the probability of business success and the creditworthiness of the enterprise? And if so, could this “psychological capital” be leveraged as a predictive tool not only for credit appraisal decisions, but also to provide broader support to small businesses? Pioneering work […]

The Struggle for Brazil- and Against the BRICS

The Struggle for Brazil- and Against the BRICS

While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and a struggle against the BRICS nations. The U.S. feels threatened by an era of multipolarity, which deeply implicates China, and other emerging economies. In August 2016, Rio de Janeiro should host South […]

TTIP & TPP – A Threat to Latin America?

TTIP & TPP – A Threat to Latin America?

For centuries, Latin America’s economies have revolved around exporting commodities – be it digging up minerals and hydrocarbons, planting soya or coffee, or taking advantage of what animals leave behind, the region has historically relied on shipping natural resources overseas. Depending on the era, this could certainly be a lucrative endeavor, but commodity prices are notoriously […]

How Can Brazil Restore Its Growth Trajectory?

How Can Brazil Restore Its Growth Trajectory?

photo: PortoBay Hotels & Resorts Only a few years ago, Brazil exemplified the BRIC dream of rapid growth. Now it is coping with its longest recession, loss of confidence,possibly a lost decade. Dan Steinbock explains what happened, and how and when Brazil could restore to its growth. In summer 2016, Rio de Janeiro shall host South America’s first-ever Olympic […]

Venezuela Raises Fuel Prices By More Than 6,000 Percent

Venezuela Raises Fuel Prices By More Than 6,000 Percent

photo: Javier Ignacio Acuña Ditzel In a televised-address on February 17, Venezuelan President Nicolas Maduro delivered some crushing news to his country. To address the fiscal crisis facing the country, the government decided to raisefuel prices by more than 6,000 percent. While that may sound dramatic, it will still leave Venezuela with some of the cheapest fuel […]

Productivity and Financial Inclusion: A Response to the Economic Slowdown

Productivity and Financial Inclusion: A Response to the Economic Slowdown

photo: Mckay Savage  How are financial inclusion and productivity linked? And why are these two pieces of the puzzle important for the economic development of Latin America and the Caribbean? Insufficient growth in productivity has been identified as a key factor in the relative backwardness of the economy of Latin America and the Caribbean compared with […]

The Uncertain Prospects of Hasty and Premature Criticisms of Argentina’s Economic Policies

The Uncertain Prospects of Hasty and Premature Criticisms of Argentina’s Economic Policies

photo: Taylor White Nobel Prize economist Joseph Stiglitz and coauthor Martin Guzman (from now SG) had just written a piece on Argentina, entitled “Argentina’s Uncertain Prospects” focusing on the early economic policies and potential scenarios for the government of the newly elected President Mauricio Macri. In my opinion, the article paints an excessively gloomy picture of […]

Green Microfinance: A Tool for Sustainable Business and Climate Action

Green Microfinance: A Tool for Sustainable Business and Climate Action

Silvia Fernández, a young widow, was not interested at first in a new energy-efficient refrigerator for her business, a bodega on a busy street of a poor neighborhood in Guadalajara, Mexico. She didn’t know what energy efficiency meant, but when she was told it would lower her electricity bill, she changed her mind. She worked […]