The mix of good short-term prospects for oil revenues along with long-term market uncertainties has a clear policy implication for oil-dependent Latin American economies: use the larger short-term revenues to diversify their economies, nonresident fellow José Antonio Ocampo writes in a new issue brief.
By Courtney Freer, London School of Economics
Cross-ideological movements uniting Islamist and secular groups have increasingly focused on sweeping political reforms instead of social policies and ideology in post-Arab Spring Kuwait, writes the author.
This brief is the second of four resulting from a May 2018 workshop held in Kuwait by the Baker Institute in partnership with the Alsalam Center for Strategic and Developmental Studies. This work is part of a two-year project funded by the Carnegie Corporation of New York on “Building Pluralistic and Inclusive States Post-Arab Spring.”
Morocco's Justice and Development Party attempts to preserve its leading political position by presenting itself as an alternative to a system that, according to the PJD, is corrupt and morally bankrupt.
This brief argues that, in contrast to the pessimism and ongoing recession in Latin America generated by the collapse of commodity prices, there are reasons for optimism in the area of external financing.
Trade and financial shocks have worsened Latin America’s economic prospects in the past year. Latin America — and South America in particular — are expected to perform poorly into 2016.
The decade 2003-2013 was an exceptional one for Latin America in social terms, but less clearly so in economic terms. Growth slowed down significantly after the exceptional factors that fed the 2003-2007 boom came to an end. The possible unwinding of the super-cycle in commodity prices and, to a lesser extent, of the expansionary monetary policy of the United States, has added new challenges. But the major issue is the need to overcome the
poor long-term economic performance that has characterized the region in the post-market reforms period, particularly by adopting active production sector development strategies.