Entries for 'Latin America'
January 30, 2017
Modelo Peru is a historic collaborative effort to establish an inclusive national digital payments platform-Billetera Movil (Bim)-the first of its kin
January 9, 2017
Dissatisfaction with the political establishment is high and becoming visceral. Perceptions of government effectiveness are pessimistic. Citizens' fee
December 9, 2016
Benefitting from increased capital market access, the government has adopted a more gradual policy approach with the goal of winning next year's mid-t
December 6, 2016
WAIT AND SEE On our recent visit, we found a guarded mood following the election of Donald Trump as the next U.S. president. While increased unce
November 9, 2016
WAVES FROM TRUMP'S VICTORY Donald Trump's presidential victory has had repercussions across the world. These have been particularly intense for Mexic
October 28, 2016
We come back cautiously optimistic from our recent trip to Brazil. Policy effectiveness has increased and appetite for populist fixes has diminished.
October 25, 2016
Bond swap falls below target. On October 24, state-owned oil company PDVSA announced that holders of 39.4% of the $7.1 billion in bonds due in April a
October 21, 2016
Our recent visit to Argentina found a mood of cautious optimism despite insufficient fiscal consolidation. The hope is for a turnaround next year fuel
October 4, 2016
No to peace accord. ' On October 2, Colombian voters rejected the peace accord crafted between the government and the FARC (Revolutionary Armed Forces
October 4, 2016
Permanent loss of oil revenue has weakened public finances. Despite some cuts, the ratio of total public spending-to-GDP continues to increase. A risi
September 26, 2016
PDVSA has proposed to exchange senior unsecured bonds maturing in 2017 ($7.1
September 9, 2016
While Chile has been dealing with the consequences of weaker commodity prices, the delicate state of the Chilean eco
September 7, 2016
WALL OF WORRY Below are the main findings from our recent trip to Mexico City, where we found a cautious mood both among public sector officials and
August 30, 2016
While peace will increase fiscal pressure, it is bound to have a lasting beneficial impact on the e
August 24, 2016
NPLs have also improved, contrary to expectations last quarter, consiste
August 15, 2016
ON A SLIPPERY SLOPE Below are the main takeaways from our trip to Colombia last week, where we met public sector officials and representatives of the
July 27, 2016
The new scheme increases disclosure requirements by public servants, imposes more severe sanctions, and creates independent prosecuting and enforcemen
July 18, 2016
NO MARGIN FOR ERROR Below are the main takeaways from our meetings last week in Brazil with the Finance Minister, Central Bank Governor, high-level p
June 24, 2016
On June 23rd, the government of President Juan Manuel Santos and the FARC guerrilla group announced a definitive ceasefire agreement. Peace is now wit
June 22, 2016
Kuczynski plans to expand the private sector role as a growth engine, building upon the current macro framework. The new administration is wel