
Oct 2018
Mercosur members have grown into Latin America’s digital leaders in the past decade. Online sales have grown much faster than national economies, retail, or foreign trade. Brazil generates 60 percent…

Aug 2018
This paper studies the predictive power of several proxies for liquidity in forecasting exchange rates for a set of countries from January 2001 to April 2013. The results indicate that changes in…

Oct 2012
This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of…