Brookings: Experts - Mauricio Cárdenas

Fiscal Policy Rules and Latin America: Lessons from the Crisis

Mon, 23 Nov 2009 00:00:00 GMT

Fiscal policy has been mentioned as a key driver of the resilience that many large Latin American countries have seen during the global financial crisis. Mauricio Cárdenas and José Tessada examine Chile's fiscal rules and caution that a comprehensive fiscal strategy cannot focus solely on the short- and medium-term evolution of fiscal policy.

Political Polarization in Latin America

Fri, 06 Nov 2009 00:00:00 GMT

One of the values measured in the 2005 World Values Survey was political ideology. Mauricio Cárdenas discusses the concept of political cohesion in Latin America and how ideology and political polarization can impact economic growth.

Climate Change and Latin America: The Long Way to Copenhagen

Fri, 23 Oct 2009 00:00:00 GMT

Only a few regions in the world are more affected by climate change than Latin America. However the region lacks a common perspective and will not be heard in the U.S. Congress or in international deliberations in Copenhagen unless it unifies as a strong voice. Mauricio Cárdenas proposes a formal subgroup of several Latin American countries for cooperation on climate change and points to specific commitments they should consider.

Latin America: Time for Reform, Not for Complacency

Mon, 19 Oct 2009 00:00:00 GMT

Latin America, a region that has faced both challenges and opportunities during the financial crisis, has had more economic growth than other areas of the world. Mauricio Cárdenas discusses the forces behind this economic success and the need for the region to seize this crisis as an opportunity to make important reforms to solve longstanding problems.

G-20 Summit: Recovering from the Crisis

Thu, 17 Sep 2009 00:00:00 GMT

On September 24, President Obama will chair his first G-20 Summit in Pittsburgh. With the world economy improving, leaders will now focus their attention on economic recovery and restoring financial stability. Experts from Brookings Global Economy and Development program analyze top issues to be addressed at the summit and provide recommendations on how to effectively overcome global economic and governance challenges to ensure recovery now and to prevent future crises.

Between Hypocrisy and Narcoterrorism in Latin America

Tue, 15 Sep 2009 00:00:00 GMT

A new agreement between the United States and Colombia will give the U.S. military access to seven existing facilities in order to carry out counternarcotics and counterinsurgency operations. Mauricio Cardenas and Kevin Casas-Zamora examine concerns among countries in Latin America regarding this move and argue that it is time to have meaningful conversation on a problem that affects the whole hemisphere.

Latin America and the Economic Crisis: Designing and Implementing Stimulus Policies

Thu, 25 Jun 2009 00:00:00 GMT

Mauricio Cárdenas critiques the conventional wisdom that economic contractions are a thing of the past in Latin America and a growing belief the region will soon be out of the recession. He concludes that any recovery will be slow and there may be periods of sharp adjustment during the process.

The Summit of the Americas and Regional Development Banks

Thu, 16 Apr 2009 09:51:07 GMT

Mauricio Cárdenas, director of the Latin America Initiative, says the focus of the fifth Summit of the Americas will be the global economic crisis. He also explains that the nations need to agree on strengthening regional development banks and that certain countries need open trade.

The Fifth Summit of the Americas: Recommendations for Action

Mon, 13 Apr 2009 00:00:00 GMT

Leaders of the Western Hemisphere gathered in Trinidad and Tobago on April 17-19, 2009 for the fifth Summit of the Americas. In a series of commentary articles focused on the summit's agenda and key challenges, Brookings experts discuss critical economic, social, energy and climate change issues facing the leaders attending the summit and propose recommendations for policy action.

The G-20 Statement: Implications for Latin America

Thu, 02 Apr 2009 00:00:00 GMT

Economic conditions in emerging and developing countries are rapidly deteriorating and many are unable to implement recommended fiscal stimulus plans. Following the G-20 London Summit, Mauricio Cárdenas discusses the implications for Latin America and how multilateral development banks will play a role in economic recovery.

The G-20 London Summit 2009

Thu, 26 Mar 2009 00:00:00 GMT

Leaders of the Group of 20 (G-20) countries met in London on April 2 for their second summit on the global financial crisis. In a new set of articles, Brookings experts addressed the critical issues for policy-makers and offered guidelines for more effective global coordination.

The G-20 Summit and the Financial Crisis’ Impact on Latin America

Thu, 26 Mar 2009 12:39:12 GMT

As the global economic crisis continues, Mauricio Cárdenas says emerging economies in Latin America and elsewhere are hit especially hard. He says G-20 members must urge the multilateral banks to continue lending to the region and adds that without such assistance the crisis will only worsen.

The Limits to Fiscal Stimulus in Latin America and the Caribbean

Fri, 20 Mar 2009 00:00:00 GMT

Despite calls for all countries to pursue stimulus efforts, not all countries are capable of enacting fiscal stimulus plans to foster economic growth during the global financial crisis. Mauricio Cárdenas and Julia Guerreiro discuss the current status of Latin American countries and consider the magnitude of fiscal stimulus efforts already underway.

The Impact of the Financial Crisis on Low-income Countries

Tue, 03 Mar 2009 00:00:00 GMT

At a Brookings Institution discussion that featured IMF managing director Dominique Strauss-Kahn, Mauricio Cárdenas spoke on how the global financial crisis has impacted Latin America and addressed stimulus plans and challenges.

Latin America, the Global Financial Crisis and the Velocity of Business

Wed, 11 Feb 2009 00:00:00 GMT

As the effects of the financial crisis continue to be felt across the globe, much of Latin America should be well prepared to weather the global financial storms with more opportunity for growth. In a speech at the Economist's 11th Annual Conference on Latin America Private Equity, held in Miami Florida, Mauricio Cárdenas discusses how the United States and Latin American countries can work together, not only on financing and aid, but also on issues like trade, migration, energy, and climate change.

Rethinking U.S.-Latin America Relations

Tue, 09 Dec 2008 11:02:13 GMT

Latin America Initiative Director Mauricio Cárdenas says the Partnership for the Americas Commission’s new report offers important recommendations and insights for the president-elect.

Assessing the Key Outcomes of the G-20 Summit

Mon, 17 Nov 2008 00:00:00 GMT

What were the biggest outcomes of the G-20 summit on the financial crisis? Mauricio Cardenas examines the results and notes which steps were worthwhile, what is next and what is left hanging.

The G-20 Financial Summit: Seven Issues at Stake

Wed, 12 Nov 2008 00:00:00 GMT

Leaders from G-20 countries gathered in Washington, D.C. to address a financial crisis whose evolution highlights a dramatic shift in the global economy. In a new report, Brookings Global experts examine seven key issues at stake and make recommendations for next steps.

Global Financial Crisis: Is Brazil a Bystander?

Wed, 15 Oct 2008 00:00:00 GMT

In the wake of the global financial crisis, President of Brazil, Luiz Inácio Lula da Silva, has expressed confidence in the Brazilian economy to withstand a slowdown. Mauricio Cardenas discusses the fundamentals of the Brazilian economy and analyzes whether Brazil is likely to maintain its economic strength.

Top 10 Global Economic Challenges Facing America's 44th President

Fri, 10 Oct 2008 00:00:00 GMT

As President-Elect Obama prepares to lead the United States, what are the top global economic challenges facing the new president and his advisors and how should the new administration address them? A new report by Brookings global economic and development experts ranks the top 10 issues and details specific ideas for how to tackle the toughest challenges.

Lessons from Another Crisis: Why Providing Debt Relief for Households is Not a Good Idea

Tue, 30 Sep 2008 00:00:00 GMT

As the financial crisis has widened, some analysts have asked the U.S. government to consider debt relief for American families who are struggling with mortgages they can no longer afford. Mauricio Cardenas explains how a previous crisis in Colombia offers lessons for the U.S. and argues that U.S. government debt relief is a bad idea.

Can Latin American Economies Deflect the Financial Crisis?

Mon, 22 Sep 2008 00:00:00 GMT

The U.S. financial crisis has profound implications for emerging markets given the integrated and global nature of today’s economy. Mauricio Cardenas, director of Brookings’s Latin America Initiative, examines the likely impact on Latin American economies and discusses how they might deflect some of the aftershocks from the U.S. economic crisis.