Research Library

Economic growth in recent years has not translated to improvements in the quality of life for most Peruvians. On the contrary, it has shed light on the inaccessibility of basic needs such as education, health care, employment, better remuneration, and implementation of projects that generate resources or jobs, as well as environmental concerns related to the extractive activities in the nation. In addition to these concerns, the high rate of corruption and urban insecurity generates a perception of uncertainty that if not properly addressed could exacerbate crisis situations in different regions of the country.

Narendra Modi was sworn in as India’s new prime minister on Monday, a little over a week after a landslide victory at the polls. The resounding win gives Modi much greater freedom to implement his agenda than any Indian leader in recent years, says international economics fellow Russell Green. What will Modi’s India look like, and how will it affect the U.S.? Green, who spent four years in India as the U.S. Treasury Department’s first financial attaché to that country, explains.

A proposed inflation targeting (IT) approach to monetary policy has generated vigorous debate in India, where inflation has not dropped much below 10 percent for the past eight years.

The election of Argentine Cardinal Jorge Bergoglio as pope underscores the growing importance of Latin America for the Roman Catholic Church. Mark P. Jones, the Joseph D. Jamail Chair in Latin American Studies, discusses the significance of Pope Francis' election for the church's future.