Monica de Bolle
Peterson Institute
Washington, DC, United States
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Past articles by Monica:
Economic Policy for a Pandemic Age: How the World Must Prepare
The global health and economic threats from the COVID-19 pandemic are not yet behind us. → Read More
Economic policy for a pandemic age: Inequality, technology, and lessons from East Asia
The Peterson Institute for International Economics will hold the second of a two-part series to discuss with PIIE senior fellows their new PIIE Briefing, Economic policy for a pandemic age: How the world must prepare, edited by Monica de Bolle, Maurice Obstfeld, and Adam S. Posen. → Read More
Memo to the Inter-American Development Bank on Latin America's health, economic, and political challenges
Background: The COVID-19 pandemic struck Latin America in late February 2020. → Read More
Latin America's Troubles Prove that Economic Growth Does Not Guarantee Political Stability
The flames of political instability have lately consumed Peru, Ecuador, Chile, Bolivia, and Colombia, following upheavals earlier in Venezuela and Brazil. → Read More
Let's Look at the Evidence on Tipping Points in the Amazon Rainforest
In the face of mounting scientific evidence that the Amazon rainforest is at grave risk because of climate change, President Jair Bolsonaro’s government continues to deny reality. → Read More
Amazon Deforestation Is Fast Nearing Tipping Point When Rainforest Cannot Sustain Itself
Destruction of the Amazon rainforest has accelerated in the past five years, with a much steeper increase in 2019. Between January and August 2019, total deforestation more than doubled compared to the same period a year prior, according to Brazil's National Institute for Space Research (INPE), as farmers, cattle owners, and others set fires to clear land. → Read More
The Amazon Is a Carbon Bomb: How Can Brazil and the World Work Together to Avoid Setting It Off?
The fires in Brazil’s Amazon rainforest in the summer of 2019 represent a government policy failure over many years, especially recently, as Brazilian public agencies that are supposed to curb man-made fires have been deliberately weakened. → Read More
The Real Story of Brazil’s Pension Reform
How a divisive policy managed to gain popular support. → Read More
How to Stop Venezuela’s Hyperinflation? Brazil Offers an Idea
The 1994 “Real Plan” stopped 2,500% inflation, thanks to an ingenious tool that Maduro’s eventual successors may want to replicate. → Read More
Maduro's Economic Plan for Venezuela: Back to the 1980s?
President Nicolas Maduro of Venezuela has just announced another new series of drastic actions aimed at stabilizing the country’s hyperinflation and crumbling economy. → Read More
How Latin American Governments Favor the Old
This article is adapted from AQ's print issue on youth in Latin America. In economics it’s known as a demographic windfall—when, in the course of a nation’s development, diminishing birth rates mean fewer hungry mouths to feed relative to the number of young people in their working prime, with still comparatively few retirees living off the country’s reserves. It’s a dynamic that should be… → Read More
Stumbling Blocks for Brazil’s Economic Recovery as Election Looms
Against all odds, the Brazilian economy is gradually recovering. → Read More
How Latin American Governments Favor the Old
This article is adapted from AQ's print issue on youth in Latin America. In economics it’s known as a demographic windfall—when, in the course of a nation’s development, diminishing birth rates mean fewer hungry mouths to feed relative to the number of young people in their working prime, with still comparatively few retirees living off the country’s reserves. It’s a dynamic that should be… → Read More
A Path Forward for NAFTA
The North American Free Trade Agreement (NAFTA) ranks at the top of anyone’s list of the most controversial trade deals of all time. → Read More
Lesson Learned (Again) from Macroeconomic Populism in Venezuela
The Venezuelan debacle presents too many lessons to distill, and the consequences of the sovereign default that will inevitably follow the regime's complete implosion are uncertain. → Read More
A Nod to NAFTA
After months of charged rhetoric on the North American Free Trade Agreement (NAFTA), a draft letter to Congress from the Trump administration appears to signal a willingness for constructive engagement in renegotiating the agreement. → Read More
Trump's NAFTA Approach Could Worsen US-Mexico Trade Deficit
In a recent Bloomberg interview, Secretary of Commerce Wilbur Ross stated clearly the Trump administration’s concerns over the US trade deficit with Mexico, underscoring that the key objective of renegotiating the North American Free Trade Agreement (NAFTA) will be to reduce or even eliminate the bilateral deficit. → Read More
Brazilian Misery: A Cautionary Tale for the US?
Former President Luiz Inácio Lula da Silva of Brazil has been rising steadily in the polls for Brazil’s 2018 presidential elections, despite facing several corruption charges. Why? Because some Brazilians perceive increasingly that he can make Brazil great again. → Read More
The Truth about Mexico
As depicted by the Trump administration, the Mexican economy has flourished under the North American Free Trade Agreement (NAFTA) at the expense of its neighbors, particularly the United States. → Read More
Trumped Up? The Mexican Economy in 2017 and Beyond
A little more than a year ago, the economic outlook for Mexico was looking up. In October 2015, economists at the International Monetary Fund (IMF) projected growth as likely to improve in 2017, following three years of subpar performance. → Read More