Latest activity

Blog: Have Latin American Countries Become More Competitive?

Andrés Fernández
June 24, 2016

Over the last two years, Latin America has experienced significant movements in nominal exchange rates. Between June 2014 and October 2015, most of the larger countries in the region  —including Argentina, Brazil, Colombia, Chile, Peru and Uruguay — saw nominal depreciations of at least 15 percent. The Brazilian Real lost more than 42 percent of its value vis-à-vis the US dollar, while the Colombian peso lost 35 percent. By December 2015, following the change in government, the Argentine peso had also experienced a similar depreciation.


Research Review: How weak property rights cause land conflict and deforestation in Brazil

Thiemo Fetzer (University of Warwick) and Samuel Marden (University of Sussex)
June 23, 2016

The combination of weak institutions and natural resource abundance are a recipe for civil conflict and the overexploitation of natural resources. However, because institutions often come as a package, what we know about the type of institutional change required to resolve these problems is limited. This column presents evidence from Brazil indicating that insecure property rights are a major cause of land related conflict and a contributing factor in Amazon deforestation.


Blog: Manejando la Consolidación Fiscal en Costa Rica

Lorenzo Figliuoli y Mario Garza
June 22, 2016

Costa Rica ha logrado avances notables en el plano social, económico y ambiental que la destacan entre el resto de los países de Centroamérica (véase el gráfico 1). El panorama económico vislumbra un crecimiento sólido y un bajo nivel de inflación, en buena medida gracias a la recuperación en Estados Unidos, los precios persistentemente bajos de los productos primarios y las condiciones de financiamiento externo, que siguen siendo favorables.


Working papers: Latest Research

New entries on 21 June 2016


Blog: Because Waiting for the Next Boom is Not Enough

John Dunn Smith
June 20, 2016

Economies grew, millions were lifted from poverty, and social safety nets widened to support a growing share of vulnerable populations. When the United States and Europe experienced sharp downturns during the international financial crisis of 2008 and 2009, some governments in the region were able to increase spending and keep their own economies from slipping into recession. Then, the global commodities boom ended. China’s growth began to slow and demand for copper and oil, among other goods, declined. Developed countries had emerged from the Great Recession, but their slow and disappointingly mild recovery provided relatively little benefit to the rest of the world.


Blog: Aprendiendo a ajustarse: Los efectos de las depreciaciones del tipo de cambio en la inflación en América Latina

Yan Carrière-Swallow y Bertrand Gruss
June 17, 2016

La caída de los precios mundiales de las materias primas y la normalización de la política monetaria en Estados Unidos han contribuido a depreciaciones de las monedas en toda América Latina. La teoría sugiere que una depreciación del tipo de cambio genera inflación al impulsar al alza los precios de los bienes y servicios importados, gatillando lo que los economistas denominan “traspaso del tipo de cambio”.


AL CAPONE (AMERICA LATINA CRIME AND POLICY NETWORK)
6ta Conferencia Anual
Jueves 23 y viernes 24 de junio | Aula SV1

La delincuencia y la violencia son unos de los problemas más importantes que las sociedades latinoamericanas enfrentan hoy en día. La red AL CAPONE tiene como objetivo reunir los esfuerzos de investigación de economistas latinoamericanos y de otras partes del mundo sobre los determinantes y las consecuencias de la delincuencia y la violencia. A lo largo de la 6ta Conferencia Anual, que tendrá lugar en la Universidad Torcuato Di Tella los días 23 y 24 de junio, destacados académicos presentarán (en inglés) sus recientes investigaciones sobre políticas de seguridad ciudadana.

Para acceder al programa completo haga click aquí.


Blog: Better Savings for Better Infrastructure

Tomas Serebrisky
June 15, 2016

In 2014 the government of the small and impoverished city of Flint in the United States decided to draw its municipal water from a different river than it had been accustomed to while it waited to connect to a cheaper water system. But the new water was corrosive to water pipes, and environmental officials made a fateful decision not to add chemicals that would protect them. By September 2015, it was clear that an immense tragedy had occurred. Corroded pipes had leached lead into the water supply. Thousands of young children were threatened with brain damage from lead poisoning, and adults faced potentially debilitating effects ranging from cardiovascular disease to kidney damage. Moreover, it had all been avoidable. Today, the tragedy is a symbol – an object lesson in the risks of failing to oversee and maintain existing infrastructure.

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