"The problem is that after years of corruption and mismanagement, the Colombian bank balance isn't in any shape to write the checks needed to move the inequality needle."
James A. Robinson (Why Nations Fail) has been named the co-winner of the Nobel Economics Prize for 2024. He is a man who has spent decades studying the relationship between economic growth, wealth, and equality. He has forgotten more than most of us will ever know about the...
The government’s intention to amend the country’s fiscal rule highlights continuing challenges to consolidation sufficient to stabilize debt/GDP durably.