Apr 2014
Author(s): Fernández-Arias, Eduardo; Pérez Pérez, Jorge Eduardo
Fiscal policy in Latin America has been historically imprudent and continues to be viewed with skepticism. At the same time, most countries have remained out of trouble for several years and were…
Oct 2012
Author(s): Cavallo, Eduardo A.; Fernández-Arias, Eduardo
Europe faces challenges reminiscent of Latin American financial crises. The failure of recent liquidity support to normalize the situation in Europe suggests the need to refocus the policy debate on…