This paper challenges the conclusions of an econometric analysis by Daniel Ortega and Francisco Rodríguez on the effects on literacy of the Misión Robinson program in Venezuela. Their analysis concludes "most of our estimates of program impact represent qualitatively small and rarely...

This paper looks briefly at the recent inflation experiences of ten Latin American countries: Brazil, Mexico, Venezuela, Colombia, Chile, Peru, Ecuador, Guatemala, the Dominican Republic, and Bolivia. The authors construct a core inflation index (excluding food and energy), and look at...

This paper shows that the U.S.'s biggest trading partners in the Americas will likely see a significant loss in exports and GDP as the U.S. economy slows. Countries less reliant on the U.S. market will not be as negatively impacted. The paper makes two sets of projections for the decline in...

This paper examines the Bolivian economy since President Evo Morales took office in 2006. It finds that Bolivia’s economic growth in the last four years has been higher than at any time in the last 30 years, averaging 4.9 percent annually since the current administration took office in 2006....

This paper addresses the claim that the governments of Argentina, Bolivia, Ecuador and Venezuela, Latin America’s so-called “left-populist” governments, have failed to effectively reduce inequality in the 2000s and have only benefitted from high commodity prices and other benign external...

This paper is an update of CEPR’s July 2007 overview of the Venezuelan economy, and includes the latest available data (at the time of publication) for growth, employment, poverty, budget information, and other data. The paper notes continued progress in economic growth, poverty reduction,...

Venezuela’s current growth is generally described as unsustainable, with various negative scenarios put forth, including spiraling debt, inflation, and balance of payments crises. However, these pessimistic forecasts have been far off the mark for most of the past decade. This paper looks at...

This report looks at Argentina’s current debt, fiscal, and overall economic situation to see if there is justification for concerns that Argentina is facing serious economic problems that could lead to a default on its sovereign debt. The Argentine economy has grown more than 60 percent since...

This paper looks at some of the most important economic and social indicators during the 10 years of the Chávez administration in Venezuela, as well as the current economic expansion. It also looks at the current situation and challenges.