LONDON – Latin Americans frequently complain about being far from the rest of the world, but sometimes distance can be an advantage. As the great economic historian Carlos Díaz-Alejandro noted, in “the 1930s and 1940s, most Latin...
LONDON : At university in the United States in the early 1980s, I was taught the iconic Mundell-Fleming macroeconomic model, which predicts that a currency’s exchange rate will appreciate in response to an increase in the issuing country...
SANTIAGO – Can the political centre hold any meaning? That question has gained new urgency as politics becomes more polarised in the United States, Chile, the Philippines, India, and many other countries. In a recent Project Syndicate...
LONDON – Pedro Castillo is an authoritarian left-wing populist without the charm or charisma of most populists. Keiko Fujimori is a recently incarcerated right-wing populist, the daughter of a former dictator who is serving a 25-year sentence...
LONDON – A tsunami-watcher’s job is thankless. If an earthquake hits Australia, or an underwater volcano erupts near Java, naval stations in Japan, Vietnam, the Philippines, New Zealand, and even far-away Peru and Chile go on alert....