If Central America wants to get out of the middle-income trap it would do well to follow Uruguay’s lead and develop a focused, comprehensive industrial policy that builds on the region’s trade advantages.
In the strongest language so far, a joint statement signed by 14 states (and supported by 4-more Caribbean states) condemns Venezuela under the Inter-Democratic Charter. And it asks other member states to follow up if Venezuela doesn’t comply.
Under President Trump’s expansion of the Global Gag Rule, foreign NGOs that provide information about or support abortion are banned from receiving any form of U.S. global health assistance. The effects will extend beyond the right to choose.
The debate should no longer be about how democratic or authoritarian the government of Nicolas Maduro has become. It should be how criminal it’s become—a question that opens up a whole new set of policy challenges.
A lot has been written about the risks of the proposed Border Adjustment Tax to U.S. consumers, on the U.S. budget, and on the appreciation of the dollar. The worse consequence would be on U.S.-Mexico production chains.