Economics and Globalization Publications
In the past three decades, Mexico has aggressively reformed its economy, opening to foreign trade and investment, achieving fiscal discipline, and privatizing state-owned enterprises. Despite these efforts, the country's economic growth has been lackluster, trailing that of many other comparable developing nations.
Over the past two decades, Central America has undergone an extraordinary transformation - from a region characterized predominantly by rural and agricultural populations into one where the majority of people reside in urban areas; from societies with autocratic governments and periodic civil wars into ones with peaceful transitions between democratically elected governments; and from volatile, resource-dependent economies into stable exporters.
How can Africa prevent the exportation of its educated citizens? This paper attempts to answer this very question through examination of what is meant by “brain drain,” followed by analyzing the hard facts, significance and consequences for the continent.
Last year, the Wilson Center and the Universidad de San Andrés in Argentina convened a conference featuring leading tax experts throughout the Hemisphere. The results are summarized in this bulletin.
The Woodrow Wilson International Center for Scholars (Wilson Center) sponsored a congressional study trip to Ghana and Liberia from March 20 to March 26, 2011. It was organized by Wilson Center on the Hill and the Africa Program at the Wilson Center. This trip was funded by the William and Flora Hewlett Foundation.
Given that Iraqis have experienced relatively democratic elections, Sassoon analyzes the economic lessons of an Arab country emerging from an authoritarian regime and assesses the pitfalls that other Arab countries might encounter with their nascent democracies.
The two most important ways that migration influences development in Mexico is through remittances and labor markets. Mexico is the largest recipient of remittances in Latin America, with remittances totaling $22 billion (about 2.5% of GDP) in 2010. Focusing on labor markets, existing research suggests that between 1990 and 2000 migration increased wages by 8% in Mexico with more pronounced effects among less-educated workers.
President Obama is asking Congress to renew a fast-track government reorganization process that expired in 1984. He would first use the process to submit a plan to consolidate various trade-related agencies and functions in a newly name and reconfigured Commerce Department. Congress is leery of giving presidents carte blanch authority to get an up-or-down vote on their plans, especially under divided party government. There is nothing to prevent Congress from using the normal legislative process to deliberate and amend the president’s reorganization proposals.
Despite the tenuous state of public security in Mexico and the impact the U.S. economic recession has had on the country, Mexico has been successful at boosting its economic performance, while at the same time demonstrating innovation in its agricultural, aerospace, automobile manufacturing and energy sectors.
In the updated and translated version of their latest book, renowned economic and political analysts Luis de la Calle and Luis Rubio put forth the provocative notion that Mexico has been transformed from a mostly poor to a predominantly middle class country. They document the rise of the middle class and analyze its profound implications.