This issue of the Economic Letter finds that Latin America hasn't lost faith in open markets, despite recent left-leaning election results. ; In analyzing several economic policy measures for 12 nations that make up the bulk of the Latin American population, authors William C. Gruben and Richard...

At the end of September 2008, U.S. policymakers had been working for more than a year to contain the shock waves from plunging home prices and the subsequent financial market turmoil. For the Federal Reserve, the crisis has given new meaning to the adage that extraordinary times call for...

The two Asian giants have achieved rapid and sustained growth -- China by focusing on goods, India by tilting toward services.

Throughout history, much of women’s work has taken place in the home rather than in the marketplace. Recent generations of women, however, have been more likely to work in the formal economy, particularly in the United States and other developed countries.

Two types of immigration, physical (immigration that brings the workers to the work) and virtual (immigration that moves the work rather than the workers, involving the long-distance delivery of services), have contributed to globalization of the labor force over the past quarter century. In the...

In 2010, the U.S. economy has been showing signs of pulling out of its tailspin. But questions remain about why it took so much monetary policy firepower to deal with the crisis.

The first few months of 2008 saw crude oil prices breach one barrier after another. They topped $100 a barrel for the first time on Feb. 19, then rose past $103.76 about two weeks later, surpassing the previous inflation-adjusted peak, established in 1980. In April and early May, oil prices...