This book analyzes the relative balance of bargaining power between governments and the banks in charge of underwriting their debt during the first financial globalization. Brazil and Mexico, both indebted countries that underwent major changes in reputation and negotiating power as they faced...

"Varias causas explican la tremenda corrupción de la vida política que padece México. Una son los gremios medievales que ocupan la presidencia: los presidentes generales, los licenciados en derecho, los posgraduados en las universidades de los EE.UU., cuyo principio es el libertinaje...

This report offers an analysis of the Mexican federal government’s social policy response to the Covid-19 pandemic. The report provides an overview of developments in six policy areas where change associated with the pandemic can be observed: healthcare, pensions, family benefits, education,...

We propose a new tool to filter non-linear dynamic models that does not require the researcher to specify the model fully and can be implemented without solving the model. If two conditions are satisfied, we can use a flexible statistical model and a known measurement equation to back out the...

Payments for Ecosystem Services (PES) are a widely used approach for forest conservation through which people are paid to avoid deforesting land they enroll in the program. We present findings from a randomized trial in Mexico that tested whether a PES contract that requires enrollees to enroll...