Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

Also available in: Français | العربية   A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…

Valerie Lorena |

El viaje en barco desde Port Elizabeth a Kingstown, en el país caribeño de San Vicente y las Granadinas, es un trayecto de una hora que los lugareños hacen varias veces al día. Durante uno de…

Valerie Lorena |

The ritual publication by the leading multilateral organizations, think tanks and investment banks on the macroeconomic outlook for Latin America and the Caribbean which, without being too…

José Juan Ruiz Gómez |

La publicación ritual por parte de las principales organizaciones multilaterales, think tanks y bancos de inversión de unas perspectivas macroeconómicas para  Latinoamérica y el Caribe que, sin…

José Juan Ruiz Gómez |

(Photo by Chico Ferreira, available under a Creative Commons license - CC-BY-2.0)

Kerry Natelege Crawford |

“For the first time, I saw that the Government was thinking about the same issues as I was. I didn’t know.” These hotel owner’s words are characteristic of many in Saint Vincent and the Grenadines…

Andrea Gallina |