When it comes to fiscal policy, it’s better to save for a rainy day than to let it pour

  While pro-cyclical fiscal policies – ie. expansionary fiscal policies in booms and contractionary fiscal stances in downturns – remain a common feature among developing countries, some countries have recently…

Continue ReadingWhen it comes to fiscal policy, it’s better to save for a rainy day than to let it pour
Read more about the article Quão dependentes de commodities são as economias latino-americanas?
People listen to an explanation of the stock chart during the Expo Money in Sao Paulo, Brazil, on September 20, 2012. The Expo Money became the largest event of financial education and investment in Latin America since 2002 and today the annual expo covers 13 Brazilian cities. AFP PHOTO/Yasuyoshi CHIBA (Photo credit should read YASUYOSHI CHIBA/AFP/GettyImages)

Quão dependentes de commodities são as economias latino-americanas?

  O fim da fase de ascensão no super-ciclo de preços de commodities após seu pico em 2011 levou a uma redução nas perspectivas de crescimento econômico na maior parte…

Continue ReadingQuão dependentes de commodities são as economias latino-americanas?