PhD in Economic History from London School of Economics & Pol. Science. Postdoc researcher at the Univ. of the Andes. He has been a visiting professor at the Pompeu Fabra Univ. (Barcelona) and Dean of the Faculty of Economics at the Tadeo Lozano University (Bogotá)
With historically weak states, low tax revenues, and high-spending populist impulses, Latin America faces a fiscal trap that threatens to perpetuate chronic deficits and new crises.
A popular idea in economics holds that poor countries tend to grow faster than rich countries. Therefore, the world's economies eventually converge in their income levels. However, historical experiences of convergence have been bitter.
The Andean Development Corporation celebrated its fiftieth anniversary. After the upset caused among several Latin American governments by the appointment of Mauricio Claver-Carone as president of the Inter-American Development Bank, CAF has more reason to celebrate.
