The global economy is stagnating, and uncertainty about its future is rising. These trends weigh heavily on countries that depend on the production and export of a small range of products, or that…

Cecile Fruman |

Policymakers often associate competitiveness with real exchange rates. Not too long ago, firms in Southern European countries attributed their difficulties to compete in global markets with a…

Gonzalo Varela, Stefania Lovo |

In Mozambique in 2003, it took an entrepreneur 168 days to start a business. Today, it takes only 19 days. That kind of transformation has major implications for ambitious men and women who are…

Cecile Fruman |

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 |

Increased hurricane activity and rising sea levels are well-known effects of climate change, and they prompt solemn head-shaking when we read about them in reports. But in the Caribbean they are…

Herbert Samuel, Jonathan Coony |

Concerns over climate change took center stage at this year’s World Bank annual meetings. The message was clear: there doesn’t have to be a tradeoff between economic growth and a cleaner,…

Harun Onder, 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 |

Diversification of a country’s exports – increasing both the number of products it produces and the destinations of those products – is considered part of the path to development. Many economists…

Gonzalo Varela, Julia Oliver |