Why Latin American governments spend money badly

Why Latin American governments spend money badly

IN COSTA RICA’S rainy season, bright mornings yield with deceptive suddenness to tropical downpours. So it was on September 10th, when the country’s civil servants went on strike. They oppose a fiscal reform that raises some taxes and limits automatic wage increases. Universities and public offices were deserted. After blocking roads and a railway, many…

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This week’s fiscal update will have Trudeau seeking redemption from a frustrated business community

This week’s fiscal update will have Trudeau seeking redemption from a frustrated business community

Prime Minister Justin Trudeau gets one of his last chances this week to mend frosty ties with Canada’s business community as next year’s election nears. Trudeau’s finance chief, Bill Morneau, will unveil a fiscal update Wednesday in Ottawa that provides a shot at redemption after warnings about the country’s fading competitiveness. It will likely include…

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