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Fiscal policy and management

Why Latin America Needs Lower Deficits and Stronger Fiscal Rules

December 18, 2024

Juan Passadore, Juan Pedro Treviño, Rodrigo Valdés

The increase in debt in the last decade points to the need for lowering deficits, rebuilding space to deal with shocks, and strengthening fiscal rules

Government subsidies

Europe Needs a Coordinated Approach to Industrial Policy

December 16, 2024

Alfred Kammer, Andrew Hodge, Roberto Piazza

The success of government interventions depends not just on how much is spent, but on spending it well.

Economic growth

Breaking Latin America’s Cycle of Low Growth and Violence

December 5, 2024

Ilan Goldfajn, Rodrigo Valdés

Crime directly costs the region more than 3 percent of GDP and lowers growth. Economic instability, in turn, drives higher rates of crime. Actions can be taken to break this vicious cycle.

Housing’s Unique Role in Lives and Economies Demands Greater Understanding

December 4, 2024

Gita Bhatt

Affordability and other complex housing issues challenging governments can be better revealed in broader economic analysis

Economic growth

The 2004 EU Enlargement Was a Success Story Built on Deep Reform Efforts

December 3, 2024

Robert Beyer, Claire Yi Li, Sebastian Weber

New accession candidates will need to undertake equally ambitious reforms to make the next expansion a comparable success

Persistent Fall in Private Borrowing Brings Global Debt Down

December 2, 2024

Vitor Gaspar, Carlos Gonçalves, Marcos Poplawski-Ribeiro

Empirical analysis points to low growth prospects as the main driver of this trend in 2023.

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