Q&A with Banco De Mexico | Americas Beware Protectionism

Q&A with Banco De Mexico | Americas Beware Protectionism

After more than seven years at the head of Bank of Mexico, Agustín Carstens, 59, leaves a country “more resilient,” he tells Global Finance Magazine, as he moves to a new post at the Bank for International Settlements. With the Americas at risk from rising protectionism, Carstens emphasizes the benefits of NAFTA. It’s better, he says, to tackle directly the negative impacts of globalization than to push back against widely beneficial economic integration.  

Banking In Brazil | Addicted To Hot Money

Banking In Brazil | Addicted To Hot Money

With the state-owned National Bank for Economic and Social Development ending its subsidized credit lending practice in Brazil,  state and private retail banks will have to step in to support the long-term credit market unlike at present.

Building On Improvements

Building On Improvements

With Latin growth poised to accelerate, Santander is positioned to benefit from improved growth and stability, says Antonio Cortina, deputy director of economic research

Private Equity Gets Back Into Brazil

A positive macroeconomic outlook and a sharp decline asset prices are once again making Brazilian investments attractive for large international private equity firms, which are cautiously returning after three years of economic crisis.

Trade Pact Sails Forward

Trade Pact Sails Forward

Ratified by more than 110 of 164 member countries, the Trade Facilitation Agreement (TFA) has gone into force, launching “a new phase for trade facilitation reforms all over the world,” according to the WTO.

Paraguay: Making The Right Moves

Paraguay: Making The Right Moves

Paraguay has emerged from the shadows of its larger neighbors Brazil and Argentina to become the “little China” of South America. Its against-the-odds economic success story is sustained by an investment-friendly climate and strong fiscal discipline.

Insider At UN To Mitigate Antiglobalism

Insider At UN To Mitigate Antiglobalism

António Guterres, the former prime minister of Portugal and UN high commissioner for refugees, took over on January 1 for a five-year term as the United Nations secretary general. The fact that Guterres ran a major UN agency during a global refugee crisis would help him to focus on ways to better integrate the various UN operations and to partner with other institutions.