Strong growth in China and India has led to improvements in raw-material exporting countries' terms of trade and attracted complementary finance. The long-term challenge for these countries, where institutions are often fragile, is to avoid the so-called “resource curse”. This paper aims to...

Global allocation of capital and fluctuations in asset prices are increasingly influenced by the activities of Sovereign wealth funds (SWFs). The Santiago Principles called for higher transparency, stressing that SWFs should exhibit clearer governance standards and sound portfolio management...

L’essor du commerce avec la Chine et l’Inde ouvre de nouvelles possibilités d’exportation à l’Amérique latine. Les pays d’Amérique latine doivent investir dans les infrastructures et l’innovation.