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2. Bolivia: Rescuing the New Constitution and Democratic Stability -- Latin America Briefing N°18
- Publication Date:
- 06-2008
- Content Type:
- Policy Brief
- Institution:
- International Crisis Group
- Abstract:
- President Evo Morales's efforts to consolidate sweeping reforms on the basis of a controversial new constitution have steered Bolivia into a cul-de-sac. On 8 December 2007, his supporters in the Constituent Assembly (CA) provisionally passed the text by running roughshod over procedures and virtually excluding opposition delegates. Weak attempts to bridge the deepening divide have failed, increasing potential for a violent confrontation both sides still seem to wish to avoid. Openly defying Morales in May 2008, however, Santa Cruz massively approved the department's autonomy statutes by referendum. Two other eastern lowland departments followed suit, with the fourth expected to do so on 22 June. Morales is pushing for final adoption of the constitution by referendum and a popular vote of confidence. The Organization of American States (OAS), the European Union (EU) and several European countries, and the Group of Friends (Argentina, Brazil and Colombia) should provide good offices to help the government and opposition reach urgent agreement on a revised constitution that can keep the country together.
- Topic:
- Government, Political Economy, and Politics
- Political Geography:
- Latin America
3. Development and Foreign Investments: Lessons Learned from Mexican Banking
- Author:
- Jacob Steinfeld
- Publication Date:
- 07-2004
- Content Type:
- Policy Brief
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- FOREIGN DIRECT INVESTMENT (FDI) HAS TRANSFORMED MEXICO'S BANKING SYSTEM during the past decade, making it the second largest in Latin America with $165 billion in commercial assets in 2003. In the past four years, Mexico received $25.3 billion of FDI into its financial sector. This composes nearly 40 percent of total FDI inflows into the country. As a result of FDI flowing into the country's financial sector, the Mexican banking system has the highest ratio of foreign ownership in Latin America.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- Latin America and Mexico
4. The Dominican Republic: Resolving the Banking Crisis and Restoring Growth
- Author:
- Steve H. Hanke
- Publication Date:
- 07-2004
- Content Type:
- Policy Brief
- Institution:
- The Cato Institute
- Abstract:
- After a decade of rapid economic growth, the Dominican Republic entered a downward spiral in 2003. The economy shrank for the first time since 1990, the inflation rate quadrupled, the Dominican peso collapsed, government debt more than doubled, interest rates soared, and the central bank incurred large losses.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- Latin America and Caribbean
5. Earnings Insurance for Germany
- Author:
- Gary Burtless and Holger Schaefer
- Publication Date:
- 07-2002
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- For more than a decade, Germany has suffered high rates of unemployment and very slow employment growth. Workers who have lost their jobs face unusually long spells of unemployment, in part because the adverse incentives of the German unemployment compensation system provide strong impetus for unemployed workers to remain jobless.
- Topic:
- Government and Political Economy
- Political Geography:
- Europe and Latin America