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A Traves de La Ventana de Sus Ojos
La prorrogación a la obediencia ha hecho que el mundo viva sumergido en una ola vertiginosa de engaños. Por desobediencia, sobre la tierra, se han levantado guerras, tumultos y destrucción; cuyo suelo grita de dolor y tiembla de espanto porque la vanidad la está destruyendo. Por consecuencia humana, la tierra está inficionada de maldad; el océano se ha salido de sus márgenes arropando la tierra, cuyas olas entran por toda la zona terrestre; pidiendo cuenta, la naturaleza azota la tierra con furor, extrayendo la profanación que está incrustada en su suelo. No obstante, desde el cielo, un ángel se encuentra observando a través de la ventana que da al mundo, la cual por impetuosidad,...
Mexico
This 2019 Article IV Consultation with Mexico discusses that growth is expected to accelerate modestly in the near-term, reaching 0.4 percent in 2019, as macroeconomic policies become less contractionary. Monetary policy has started easing in the context of a widening negative output gap and declining inflation. The administration’s solid mandate presents an opportunity to address Mexico’s longstanding structural challenges while maintaining very strong policies and policy frameworks. Staff highlighted the need to specify credible measures to reach the announced fiscal targets while adopting a more growth-friendly and inclusive policy mix. Increasing non-oil tax revenues, paired with improving the efficiency of spending, will be an imperative in this regard. The authorities have initiated a package of reforms to strengthen financial deepening and inclusion.
Emerging Markets in a World of Chaos
This book is a journey through leading and incredibly diverse emerging markets in a world of shocks and transitions. Tracing the rise of China, the emergence of India, the changing fortunes in Brazil, Argentina, and Mexico, the unique developments in Turkey and Indonesia, the complex geopolitics in Russia and Saudi Arabia, and the challenging post-apartheid transition in South Africa, the study examines their varying prospects in the years to come. Using an innovative analytical approach and rich empirics, the book delves into topics ranging from macroeconomics to human development, institutions to climate change. It provides a strategic roadmap of reform for these economies to escape the middle-income trap. It argues that in a world where advanced economies are defined by slowdown, growing trade blocs, changing demographics, and the rise of renewable technologies, emerging markets will continue to play a significant but complex role in the twenty-first century.
Firm Size, Life Cycle Dynamics and Growth Constraints: Evidence from Mexico
This paper examines the variation in life cycle growth across the universe of Mexican firms. We establish two stylized facts to motivate our analysis: first, we show that firm size matters for development by illustrating a close correlation with state-level per capita incomes. Second, we show that few firms grow as much as their U.S. peers while the majority stagnates at less than twice their initial size. To gain insights into the distinguishing characteristics of the two groups, we then econometrically decompose life cycle growth across firms. We find that firms that have financial access and multiple establishments and that are formal, part of diversified industries and located in population centers can grow at sizeable rates.
The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses
This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount and design of the COVID-19 fiscal response.
Mexico: Arrangement Under the Flexible Credit Line and Cancellation of Current Arrangement-Press Release; Staff Supplement; and Staff Report
The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades. However, Mexico is bearing a very heavy humanitarian, social, and economic cost from COVID-19, including over half a million excess deaths, sizable under-employment, and an increase in poverty.
Advances in SAR: Sensors, Methodologies, and Applications
This book is a printed edition of the Special Issue "Advances in SAR: Sensors, Methodologies, and Applications" that was published in Remote Sensing
Mexico: 2021 Article IV Consultation-Press Release; and Staff Report
Spurred by strong U.S. growth and rising vaccination rates, the economy is rebounding. The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades. Nonetheless, Mexico is bearing a very heavy humanitarian, social, and economic cost from COVID-19, including over half a million excess deaths, sizable under-employment, an increase in already-high levels of poverty, and learning losses for the young. Real income per capita is continuing its long-run divergence from the U.S., while additional challenges are emerging from technological shifts and climate change.
Transforming REDD+
Constructive critique. This book provides a critical, evidence-based analysis of REDD+ implementation so far, without losing sight of the urgent need to reduce forest-based emissions to prevent catastrophic climate change. REDD+ as envisioned
Descorchados 2023 Guide to the wines of Argentina, Brazil, Bolivia, Chile, Peru & Uruguay
Descorchados is celebrating its 25th anniversary. It began as a guide to Chilean wines and as of 2010, it has covered the wines of South America in what is now the region’s most complete wine guide. This year we have tasted 5,159 wines, of which we have recommended 4,130 from Argentina, Bolivia, Brazil, Chile, Peru, and Uruguay in this edition, thereby presenting a wide-angle HD photograph of South America’s current wine scene. In Descorchados 2023 you’ll find reviews of more than 600 wineries and their recommended wines as well as the latest news about each country and detailed maps of their primary terroirs, plus rankings of the best wines listed by variety and origin, as well as the best values for money that we have found in our tastings this year. Descorchados is an essential tool for those who want to know more about the reality of South American wine and the people who are the major driving forces behind it.
