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 |

For those of our readers who were anxious to learn more about how "Non-Tariff Measures Raise Food Prices and Hinder Regional Integration in Central America", the working paper has now…

Miles McKenna |

It is July 2012 and cattle farmers in Nicaragua are worried because Guatemala has enacted a series of laws that restrict beef trade. These so-called “non-tariff measures, ” or NTMs, require that…

Jose Daniel Reyes, Maria Jose Gonzalez Rivas |

También disponible en español A few weeks ago a rare storm event known as "Derecho" ravaged the Washington, DC area, claiming many lives and leaving 1.3 million homes and business…

Ariel Yepez |

También disponible en español 'Made in Latin America'. Wouldn't that be a great label? --one that would slowly work its way out of the realm of some imaginary Latin American…

Hasan Tuluy |