aerial view of the Amazon river

The Economy

Fall 1999​ | Volume II, Number 1

Table of Contents

Books

Infections and Inequalities

I read Paul Farmer’s book while on a short visit to Venezuela, and found that setting, at this historical moment in time, particularly pertinent and highly conducive to the arguments Farmer…

Comings and Goings

DRCLAS: Two New Chairs

DRCLAS: Two New Chairs

The David Rockefeller Center for Latin American Studies recently received two gifts to create new chairs at Harvard University…

Country Spotlight

Art and Economy

Art and Economy

As Cuba comes to terms with a dollarized economy and increasing numbers of foreign tourists, the island finds itself in a controversy that is as much about art as it is about economics…

Currency Policy

Is Dollarization a Good Idea?

Is Dollarization a Good Idea?

Argentina’s current economic outlook is bleak. Last spring’s shock to international capital markets which caused a devaluation in Brazil has now combined with uncertainty over the…

Dollarization and other Dilemmas

Dollarization and other Dilemmas

Currency policy is one of the most important choices facing Latin American governments and peoples today. Exchange rates have long made front-page news in Latin America. Argentina’s…

In the Field: The Harvard Factor 

Zamorano and its Neighbors

Zamorano and its Neighbors

We walked along together, 12-year-old Lizet and I, down the narrow, ragged paths that connected the various houses of El Chaguite to one another. “Let’s call in from here,” Lizet said…

The Central America Project

The Central America Project

After decades of armed conflict and political instability, Central America is entering a period of peace and democracy that opens promising perspectives of economic and social progress…

The Birth of INCAE (1963-1965)

The Birth of INCAE (1963-1965)

Since the birth of INCAE was closely tied to the beginning of my career at Harvard Business School, the reader will perhaps forgive the autobiographical tone of these reflections. And right…

Breaking Ground in Latin America

Breaking Ground in Latin America

Harvard Business School is scheduled to open its new Latin America Research Office by August 2000 in Buenos Aires. The office will provide support to HBS faculty conducting research in Latin…

A Look at Zamorano

A Look at Zamorano

Jorge Ivan Restrepo was intrigued. Every morning, he watched his professor leaning on a railing to observe cows as they came in from the pasture to be milked. Finally he got up the courage to…

The Economy in Latin America

Proclaiming the Jubilee

Proclaiming the Jubilee

Carmen Rodrí­guez heads the Charismatic Movement in a sprawling shantytown parish south of Lima, Peru. She and other lay leaders of the Lurí­n Diocese have been preparing for the…

Its Strengths, Problems, and Future

Its Strengths, Problems, and Future

Latin America can take a punch. Its endurance of a whole series of rather large shocks in the last two years is a tribute to the region’s extensive structural reforms. The consequences a decade…

Health and Wealth

Health and Wealth

The difficulties of operating in a tropical environment were already abundantly clear during the building of the Panama Canal more than a hundred years ago. “The effect of the climate on tools…

Economic Insecurity in Latin America

Economic Insecurity in Latin America

A 23-year old Brazilian woman was among 10,000 job applicants seeking a desk job at Banco do Brazil. When asked why she was seeking employment that actually paid less than her present…