Latin America has been strongly affected by the international crisis and recession since late 2008. In comparison to historical experience, how has Latin America coped with the global crisis, which has been the role of different transmission mechanisms, and how have the region's structural and...

After a long period in which state-led development was the dominant economic paradigm, since the 1980s private sector development has been the focus for economic policy makers. It is probably no coincidence that economic growth, stagnant for a few decades in much of the developing world, took...

The expansion of Spanish banks in Latin America is one of the most important elements of bank internationalisation in recent years. Spanish banks now head the ranking of foreign banks in the region. At first glance, it is paradoxical that at a time of notable progress in the process of European...

Schätzungen des Produktionspotenzials und der Produktionslücke einer Volkswirtschaft sind von großer Bedeutung für die Wirtschaftspolitik. Sie spielen eine wesentliche Rolle für den Europäischen Stabilitäts- und Wachstumspakt und für die im Grundgesetz verankerte Schuldenbremse. In der...

I present empirical results on the contribution of three key drivers of inflation in Denmark: an inflation trend anchored by inflation expectations; the Danish business cycle; and an energy price cycle. All three drivers contribute significantly to the development of inflation and explain most of...

China is today the second-largest economy after the US and the world-leading export nation. The economic and political development of China in the past decades has had a big impact on other parts of the world. The Chinese demand for natural resources has dramatically changed trade volumes and...

While some Latin American countries remain in the middle of the pandemic and their governments have been either unable or unwilling to do anything about it, civil society has begun to initiate a considerable number of digital democratic innovations.

Este trabajo examina el incremento de los conflictos judiciales en materia de salud en América Latina. La judicialización en materia de salud se ha convertido en uno de los medios habituales por los que se reclama la protección del derecho de fundamental a la salud. La intervención de la...

Since most countries in Latin America transitioned to democracy about 30 years ago, the region has witnessed a continuous flourishing of institutions, mechanisms, and processes aimed at enhancing democracy through citizen participation. Those democratic innovations, created by governments and...

The Covid-19 pandemic and Russia's war of aggression against Ukraine have posed major challenges - in different ways - to Latin American and Caribbean (LAC) countries as well as to the European Union (EU). At the same time, these international crises have revealed how little resilience there is...