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The Living Church
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The Blue and Gold
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The Laborer
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Macroeconomic Implications of Financial Dollarization
Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets, improved financial prudential norms and supervision, and accumulated significant central bank reserves. Against this background, Uruguay now faces issues beyond those addressed to stabilize the economy. As the country pursues key postcrisis monetary and financial reforms, the analysis provided in this paper has a direct bearing on the ongoing efforts to move toward a fully fledged inflation-targeting regime and develop interest rates as monetary instruments, as well as on the preparedness of the financial system to deal with shocks, and the adequacy of current central bank reserves.
All-American Nativism
American history told from the vantage of immigration politics It is often said that with the election of Donald Trump nativism was raised from the dead. After all, here was a president who organized his campaign around a rhetoric of unvarnished racism and xenophobia. Among his first acts on taking office was to block foreign nationals from seven predominantly Muslim countries from entering the United States. But although his actions may often seem unprecedented, they are not as unusual as many people believe. This story doesn’t begin with Trump. For decades, Republicans and Democrats alike have employed xenophobic ideas and policies, declaring time and again that “illegal immigration”...
Learning to Apply Book Four
APPLYING RESEARCH BOOK FOUR is designed to help students to enhance their capacity to detect a problem or doubt that can be tackled with research techniques; to be able to choose and limit a topic; to formulate hypothesis or to define objectives properly and to be able to apply the best criteria when choosing research techniques according to the subject. Communication techniques are underlined to encourage students to express themselves coherently in diverse situations, both in study and social environments. Students are expected to complete the research cycle, with sufficient practical experience to be able to carry out a bibliographical research independently with minor tutoring, being thus able to collect information, process it systematically and prepare and deliver a correct oral or written report.
Honduras: A Territorial Approach to Development
Honduras: A Territorial Approach to Development presents an innovative approach to address the development challenges of the country. The document first describes the main challenges to inclusive development in Honduras identified by IDB technical staff, which results in a proposal for a Spatial Economic Strategy (SES) developed with the company GeoAdaptive LLC. The Strategy extends across and connects the entire territory, taking advantage of sectoral synergies for enhancing productivity and breaking the established inequality and poverty cycles. This innovative approach seeks to break away from the traditional sector-approach and proposes comprehensive interventions that would enable key stakeholders to maximize synergies and the impact of their actions.
