This blog was previously published in The World Post.
Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average…

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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…

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

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También disponible en español In the context of a global economic slowdown and the search for balanced economic growth, I offer some elements for discussion. All countries aspire to strong,…

Oscar Calvo-González |