Can Cities Benefit from Last-Mile Energy Innovations in Rural Areas?

Can Cities Benefit from Last-Mile Energy Innovations in Rural Areas?

Visit to EnDev projects in Peru. Photo: Diego Pérez. 20 million people do not yet have access to electricity in Latin America. Around 90 million people are still dependent on solid fuels—mainly biomass and kerosene—to cover basic needs such as heating and cooking, which limits their access to lighting and contributes to greenhouse gas emissions. […]

A Straitjacket to Help Brazil Fight Fiscal Obesity

A Straitjacket to Help Brazil Fight Fiscal Obesity

Brazil’s GDP contraction since mid-2014 has multiple non-fiscal roots – Canuto (2016a; 2014) – but it has morphed into an unsustainable fiscal trajectory (Canuto, 2016b). Dealing with the latter has become a precondition for full economic recovery and the Brazilian government has submitted to Congress a constitutional amendment bill mandating a public spending cap for […]

Brazil Needs an Honest Waste Loss

Brazil Needs an Honest Waste Loss

Brazil has been suffering from anemic productivity growth. This is a major challenge because in the long run, sustained productivity increases are necessary to underpin inclusive economic growth. Without them, increases in real labor earnings tend to conflict with global competitiveness; collecting taxes in order to fund government expenditures on infrastructure and social policies becomes […]

Will Migration Across the Mediterranean Dominate Migration Across the Rio Grande?

Will Migration Across the Mediterranean Dominate Migration Across the Rio Grande?

The massive migration from Mexico to the United States that began in the 1980s and ended in 2007 was one of the largest in history (Hanson and McIntosh). Nine years after the mass migration, the issue remains politically sensitive, and Donald Trump’s advocacy of building a Wall along the southern border contributed to his winning […]

The Timing Is Right for Impact Investing in Latin America

The Timing Is Right for Impact Investing in Latin America

There is increasing momentum behind impact investing—the global movement of investors, development agencies, entrepreneurs, and philanthropists working to realize financial, social, and environmental gains. In Latin America, capital committed by impact-investment funds increased to roughly $2 billion by the end of 2013, from $160 million in 2008, representing a 12-fold growthin just five years. Fourteen to […]

Five Lessons from the Expansion of the Panama Canal

Five Lessons from the Expansion of the Panama Canal

Many aspects of the Panama Canal expansion make it stand out. The 7-year project to add a third lane to accommodate giant ships with triple the cargo capacity is the largest infrastructure project in Latin America and the Caribbean, costing over $5 billion. It brings in 22 percent of Panama’s national gross domestic product, allowing […]

Suriname: Facing the Storm with a Correction of Course

Suriname: Facing the Storm with a Correction of Course

photo: Nicolas Raymond Suriname is facing twin – external and fiscal – deficits that originated in the commodity price slump of recent years. In response, the Surinamese government started a four-pronged adjustment program in August 2015 to adapt to new circumstances. Falling commodity prices led to multiple shocks on the Surinamese economy… On the back of […]

Venezuela: Crisis in Caracas

Venezuela: Crisis in Caracas

photo: Rainforest Action Network Venezuela’s rich oil resources, once a source of its strength, have now the South America’s leading nation on mat as it faces an economic crisis at an unprecedented scale and size amid rout in international crude oil prices. In Venezuela these days it’s not unusual to see huge gatherings of people jostling […]

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