Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
Money is essential for electoral politics yet its use and abuse often raises problems of graft, corruption, and cronyism. To throw new…
In many countries, polling day ends with disputes about ballot-box fraud, corruption, and flawed registers. Which claims are legitimate?…
At the beginning of the twentieth century Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the…
As we consider over two decades of change in Bolivia, it now seems to us that understanding history involves adjusting short-term…
Patronage—the discretionary allocation of public sector jobs—continues to be a dominant way government is staffed in most Latin American…
Many developing countries have a history of highly centralized governments. Since the late 1980s, a large number of these governments have…
Buenos Aires and Chicago grew during the nineteenth century for remarkably similar reasons. Both cities were conduits for moving meat and…