Can Brazil be saved?

The historical problem Brazil has been unable to solve is the need to build an inclusive economic model that can help alleviate poverty and reduce inequality. That will require cutting subsidies and benefits to interest groups that have long benefitted from fiscal spending. As the year comes to an end, Brazilians will be happy to forget a bad year in terms of politics and the economy. Unfortunately for them, 2017 might not be much better.

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A populist argument for free trade: from Latin America

This election has become the season of beating up on free trade. While the insecurity and anger that the argument has tapped into is real, reversing free trade will only strengthen the elite. It’s up to the people to bring it back and make it work for everyone.

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Safeguarding financial stability in the TPP

In the final stages of the Trans-Pacific Partnership negotiations, the U.S. is still pushing for the elimination of safeguards to regulate capital inflows and capital flight. Those controls have mitigated past crises and prevent others in economies that for decades have been buffeted by financial instability.

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