Recent Economic Success of Latin America: Good Luck or Good Policies?

Since 2004 Latin America’s economic performance has been much better than in the previous decade of financial crises that hit Mexico, Brazil, Argentina, Ecuador, Uruguay, Dominican Republic, etc. Growth has recovered and inflation has been low. How much of this success is due to good policies as opposed to good luck? Certainly economic policies have […]

BRAZIL – Central Bank Intervention: Facts and Ideas

I thought it would be an interesting issue if we could open a discussion about the current Brazilian Central Bank’s (BCB) FX and monetary policy. The idea is basically to point out the main facts surrounding the CB policy trying to highlight some of the long term impacts of those policies, and study the possibility […]

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