16 Items

Mexico's President Enrique Pena Nieto holds documents he signed that enact reforms to the constitution at the National Palace in Mexico City, Friday, Dec. 20, 2013.

(AP Photo/Eduardo Verdugo)

Analysis & Opinions - The Wall Street Journal

Mexico's Economic Reform Breakout

| December 26, 2013

For much of the last decade, Mexico and Brazil were a study in contrasts. "Brazil Takes Off" was a typical magazine cover, depicting Rio's huge statue of Christ literally blasting off. The equivalent story for Mexico was "The War Next Door: Why Mexico's Drug Violence is America's Problem Too."

In the past two years, however, the roles have been reversed. Riots in São Paulo and the downfall of billionaire Eike Batista have badly dented Brazil's glamorous image. Meanwhile, a succession of bold moves by Mexico's charismatic new president, Enrique Peña Nieto, have finally awakened foreign observers to the fact that Mexico is Latin America's new "country of the future."

Analysis & Opinions - The New York Times

Trans-Atlantic Trade and Its Discontents

| June 19, 2013

"...[N]ow there is a new trade horizon. At the Group of 8 summit meeting, official talks were launched for an E.U.-U.S. free-trade agreement....On the surface, this is good news for everyone. The collective interests of the world's first- and second-largest markets would be served by an agreement that would boost combined G.D.P. by almost 1 percent. There is great hope that cooperation would reduce unnecessary regulation on both sides of the Atlantic."

Analysis & Opinions - The New York Times

The E.U.'s Feeble War on Unemployment

| June 3, 2013

"Banking regulation may not be the most voter-friendly topic. Yet the reality is that the best way to create employment in the periphery is by ending the fragmentation of the financial system that continues to plague Europe. As long as Greek, Portuguese, Spanish or Italian entrepreneurs need to pay a premium of between 4 and 6 percent above what their German counterparts pay on bank loans, how can they possibly start new businesses?"

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Don't Waste Draghi

| November 20, 2012

European Central Bank (ECB) President Mario Draghi's Outright Monetary Transactions (OMT) gives the populists' opponents a new weapon: support while structural reform takes hold. As he implied on Thursday, purchases are rewards for the countries implementing good reforms. Conversely, the ECB can stop OMT if it judges national policies to be "deserving" of punitive rates. Draghi should not hesitate to use this power to preserve credibility: while monetary policy operates within democracy, it is not itself be democratic.

Analysis & Opinions - CNN

Why Europe Deserved the Peace Prize

| October 13, 2012

"With all its imperfections, Europe today is the largest single market in the world, featuring effective anti-trust regulations, curtailing economic nationalism, and promoting free trade agreements with counties as far away as Asia and Latin America. New potential members are eager to join, from booming Turkey to crisis-ridden Iceland. Despite all the talk of stalling, Turkish membership will eventually come to pass."

A man is reflected in the Bankia bank HQ in Madrid, May 9, 2012.  Spain's Prime Minister Mariano Rajoy dodged a question on whether the government planned to nationalize Bankia, Spain's 4th-largest bank and the most exposed to bad loans on real estate.

AP Photo

Magazine Article - CNN

The Pain in Spain That Threatens the Eurozone

  • Tim Lister
| May 31, 2012

Pierpaolo Barbieri, Ernest May Fellow at the Harvard Kennedy School's Belfer Center, says that "big, international banks like Santander and BVA are well diversified. Of the others, quite a few need capital — but how much? That's the unknown and Bankia has undermined faith in financial reporting."