By Nathan Gill Nov. 27 (Bloomberg) — Chile’s Finance Minister Andres Velasco said the government now projects that the country’s current account deficit will widen next year, due in part to government efforts to stoke economic growth. The government will use “strong” counter-cyclical monetary policy, including increasing the current account deficit, to help… Read More Velasco Expects Wider Chile Current Account Deficit (Update1)
By Nathan Gill Nov. 25 (Bloomberg) — Chile’s congress approved a $5.6 billion budget for next year that will increase spending on infrastructure and boost housing subsidies to help stimulate the economy during a global recession. Government outlays will increase 5.7 percent, led by social services and pensions, which account for 69 percent… Read More Chile’s Congress Approves 2009 Budget With Surplus (Update1)
By Nathan Gill Nov. 25 (Bloomberg) — Chile’s central bank sold $200 million in dollar swaps to banks, part of a $5 billion program over the next six months. Banks were awarded the swaps at an average rate of 1.2 percent above Libor, the central bank wrote on its Web site. It put… Read More Chile Central Bank Sells $200 Million in Dollar Swaps to Banks
By Nathan Gill Nov. 17 (Bloomberg) — Chile’s Finance Minister Andres Velasco comments on the central bank’s decision to cut 2009 economic forecasts Nov. 14. Velasco spoke to reporters in Santiago today. On the central bank’s revised 2009 economic estimates: “We know the numbers released by the central bank last week and these… Read More Velasco Says Chile Better Prepared Than Many Nations for Crisis
By Nathan Gill and Sebastian Boyd Nov. 5 (Bloomberg) — Chile’s annual inflation rate rose to a 14-year high in October, led by rising costs for food and transportation, increasing pressure on policy makers to raise interest rates this month. Consumer prices jumped 9.9 percent last month from the same month a year… Read More Chile Inflation Rate Rose to 14-Year High in October (Update2)
(Corrects company name in first paragraph.) By Nathan Gill Oct. 28 (Bloomberg) — Soquimich Comercial SA, a Chileanfertilizer maker, said profit more than tripled for the firstnine months of this year as prices for its products rose. Net income rose to 9.08 billion pesos ($13.4 million) from2.78 billion pesos a year earlier, the Santiago-based… Read More MY FIRST CORRECT: Soquimich Comercial Nine-Month Net Rises (Correction)
By Nathan Gill Oct. 24 (Bloomberg) — Chilean Finance Minister AndresVelasco comments on Chile and the international financialcrisis. He spoke to reporters today in Santiago. On the 2009 budget surplus: “The important thing is the structural surplus, not theactual surplus. We have a long-term goal of the equivalent of0.5 percent of gross domestic product. We… Read More Chile Will Meet Long-Term Budget Surplus Goals, Velasco Says
By Nathan Gill Oct. 22 (Bloomberg) — Greg Tanzer, secretary general of theInternational Organization of Securities Commissions, comments onregulation and transparency in Latin American markets. Tanzerspoke at an interview in Santiago. On steps Latin American securities regulators should take toimprove their markets: “For Latin American securities regulators, and forregulators in other parts of the world… Read More Latin America Needs Market Confidence, IOSCO’s Tanzer Says
By Nathan Gill Oct. 16 (Bloomberg) — Chile’s former central bank PresidentVittorio Corbo comments on the effect of the financial crisis onChile’s economic outlook. Corbo spoke to reporters after aseminar in Santiago today. On the possibility that the Chilean central bank will selldollars to increase the value of the peso: “The central bank will evaluate… Read More Chile’s Central Bank May Sell Dollars If Needed, Corbo Says
By Nathan Gill Oct. 14 (Bloomberg) — Panamanian President Martin Torrijossaid the country reached agreements with international lenders,such as the Inter-American Development Bank, for $2.3 billion infinancing to expand capacity of the Panama Canal. Panama will borrow $500 million from the European InvestmentBank, $800 million from the Japan Bank for InternationalCooperation, $400 million from the… Read More Torrijos Says Panama Secures $2.3 Billion for Canal Expansion
By Sebastian Boyd and Nathan Gill Oct. 7 (Bloomberg) — Chile posted its first trade deficit in six years in September as prices for copper, the country’s biggest export, tumbled. Chile imported $319 million more than it exported, the central bank said on its Web site. The median estimate of 15 economists polled… Read More Chile Posts First Monthly Trade Deficit in Six Years (Update1)
By Nathan Gill and Sebastian Boyd Oct. 6 (Bloomberg) — Chile’s Finance Ministry deposited $1.05 billion in local banks last week, Minister Andres Velasco told reporters today. The ministry was taking advantage of interest rates offered locally, Velasco said. Chilean banks raised interest rates on term deposits as they sought to overcome a… Read More Chilean Government Deposited $1.05 Billion in Banks on Interest Rates
By Sebastian Boyd and Nathan Gill Oct. 3, 2008 (Bloomberg) — Chilean consumer prices rose more than forecast by economists last month, led by electricity and food, boosting expectations that the central bank will raise interest rates for a fifth month next week. Inflation accelerated 1.1 percent in September, compared with 0.9 percent… Read More Chile Inflation Accelerates on Food, Transportation
By Nathan Gill and Sebastian Boyd Sept. 29, 2008 (Bloomberg) — Chile, the world’s biggest copper producer, expects to post a budget surplus equivalent to 3.7 percent of its gross domestic product next year, the lowest since 2003, as economic growth slows to 4 percent. Copper may average $2.90 per pound in 2009,… Read More Chile Budget Surplus to Shrink in 2009 on Slow Growth
By Nathan Gill Sept. 10, 2008 (Bloomberg) — Embotelladora Andina SA, which distributes Coca-Cola products in Chile, Brazil and Argentina, gained the most in two months in Santiago trading on prospects of increased sales of its soft drinks, after Brazil said its economy is expanding faster than economists estimated. Andina rose 3.5 percent… Read More Andina Rises as Brazil Growth Signals Increased Sales
By Nathan Gill Aug. 12, 2008 (Bloomberg) — President Michelle Bachelet will keep the 2009 budget “as tight as possible” to help slow the rising cost of living, Economy Minister Hugo Lavados said. While saying higher public spending isn’t the leading cause of the fastest inflation in 13 years, Lavados told reporters today in… Read More Bachelet to Keep Budget `Tight’ in 2009, Economy Minister Says
By Sebastian Boyd and Nathan Gill Aug. 7, 2008 (Bloomberg) — Chile’s central bank policy makers considered a 0.75 percentage point rate increase at their July meeting, before voting unanimously to raise interest rates by half a point, the bank said on its Web site. The bank raised the rate to 7.25 percent… Read More Chile’s Bank Considered Bigger Rate Increase in July
By Nathan Gill and Sebastian Boyd Aug. 5, 2008 (Bloomberg) — Chile’s economic growth will accelerate in the second half of the year, Finance Minister Andres Velasco said. “The economy is taking off and we are going to have a second half that will be better than the first,” Velasco told reporters today… Read More Chile Second-Half Growth Will Be Better, Velasco Says
Citation Milton, Cynthia E. The Many Meanings of Poverty: Colonialism, Social Compacts, and Assistance in Eighteenth-Century Ecuador. Stanford, Calif: Stanford University Press, 2007.
Regionalism studies are those studies that focus on the middle layer of governance, between the state and the global, that emerge out of concerted processes of regional integration like the EU, the Arab League, NAFTA, CARICOM, and ASEAN. The first two theoretical explanations of this process in South America that we will discuss are New… Read More ‘New’ and ‘Old’ Regionalism Theories
The post Cold War emphasis on trade in global politics has elevated states on the basis of their market potential. This stands in contrast to the historic emphasis placed on ideological or security factors imposed by the bipolar international system in place from the Second World War until the collapse of the Soviet Union… Read More Regionalism and Globalization Theory
Citation Baud, Michiel. “Liberalism, Indigenismo and Social Mobilization in Late Nineteenth-Century Ecuador.” In Highland Indians and the State in Modern Ecuador, edited by A. Kim Clark and Marc Becker, 72–88. Pitt Latin American Series. Pittsburgh, PA: University of Pittsburgh Press, 2007.
Citation Tardieu, Jean-Pierre. El Negro En La Real Audiencia de Quito (Ecuador): Ss. XVI-XVIII. Quito: Abya-Yala; Instituto Francés de Estudios Andinos, 2006.
Citation Williams, Derek. “Crude Chronicles: Indigenous Politics, Multinational Oil, and Neoliberalism in Ecuador.” Hispanic American Historical Review 86, no. 2 (May 1, 2006): 409–11.
Citation Ferraro, Emilia. “Culture and Economy: The Case of the Milk Market in the Northern Andes of Ecuador.” Ethnology 45, no. 1 (2006): 25–39.
Citation Lind, Amy. Gendered Paradoxes: Women’s Movements, State Restructuring, and Global Development in Ecuador. University Park: Pennsylvania State University Press, 2005.
Citation Ferraro, Emilia. Reciprocidad, Don y Deuda: Relaciones y Formas de Intercambio En Los Andes Ecuatorianos: La Comunidad de Pesillo. Quito: FLACSO-Abya Yala, 2004.
Citation Becker, Marc. “Indigenous Communists and Urban Intellectuals in Cayambe, Ecuador (1926-1944).” International Review of Social History, Supplement 12, no. 49 (2004): 41-64.
Citation Sawyer, Suzana. Crude Chronicles: Indigenous Politics, Mutlinational Oil, and Neoliberalism in Ecuador. Durham: Duke University Press, 2004.
Citation Williams, Derek. “Popular Liberalism and Indian Servitude: The Making and Unmaking of Ecuador’s Antilandlord State, 1845-1868.” Hispanic American Historical Review 83, no. 4 (November 2003): 697-733.
Citation Striffler, Steve. In the Shadows of State and Capital: The United Fruit Company, Popular Struggle, and Agrarian Restructuring in Ecuador, 1900-1995. Durham, NC: Duke University Press, 2002.
Citation Kofas, Jon V. “The IMF, the World Bank, and U.S. Foreign Policy in Ecuador, 1956-1966.” Latin American Perspectives 28, no. 5 (September 2001): 50-83.
Citation Wunder, Sven. The Economics of Deforestation: The Example of Ecuador. New York: St. Martin’s Press, 2000.
