Author: Daniela Bergmann

  • Does Economic Growth Help or Hinder Poverty Alleviation? A Case Study From Mexico

    Does Economic Growth Help or Hinder Poverty Alleviation? A Case Study From Mexico

    The uneven distribution of globalization-driven economic growth has led researchers to question whether growth actually decreases poverty and inequality. They have tried to answer questions such as: Does growth affect poverty at all? Is growth sufficient to reduce poverty? What conditions must exist for the growth of a country to be pro-poor?…

  • NAFTA and the Mixed Effects of Trade: A Mexican Case Study

    NAFTA and the Mixed Effects of Trade: A Mexican Case Study

    In August 2017, the United States, Canada, and Mexico began renegotiations of the North American Free Trade Agreement (NAFTA)—one of President Trump’s top priorities during his electoral campaign. Trump argued that trade with Mexico and Canada had resulted in job losses and trade deficits, particularly with Mexico. Negotiations are scheduled…

  • Comparing Immigration Policies Under the IMPALA Database

    Comparing Immigration Policies Under the IMPALA Database

    A person’s decision to migrate is affected by various economic, political, and social factors not only in the country of origin (push factors), but also in the destination country (pull factors). More specifically, push factors are elements that cause people to leave their country of origin and pull factors attract…

  • Foreign Exchange Interventions: A Comparison of the Mexican and Brazilian Models

    Foreign Exchange Interventions: A Comparison of the Mexican and Brazilian Models

    Over the past several years, foreign exchange rates among Latin American countries have fluctuated significantly. These oscillations have been caused by several factors, including the U.S. presidential elections, changing oil prices, the Taper Tantrum (the expectation of a reduction in bond purchases by the Federal Reserve), interest rate hikes by…

  • Does Personal Experience Affect Monetary Policy Decisions?

    Does Personal Experience Affect Monetary Policy Decisions?

    Will the central bank in the United States reduce or maintain the current interest rate? Do statements made by the Board Chair suggest a possible increase in the interest rate? What is the central bank´s forecast for inflation and employment in the medium-term? Every day, international financial markets are highly…

  • Immigrants Are Welcome Here: A Case Study of Immigration in Malaysia

    Immigrants Are Welcome Here: A Case Study of Immigration in Malaysia

    In the last year, immigration has captured political and economic debates in numerous countries. Some argue that immigrants displace citizens of the receiving country, while others claim that their tax contributions stimulate economic growth. In spite of these contradictory views, current nationalist movements have made immigration an issue permeated by…

  • Uncertainty in Financial Markets and the Exchange Risk Premium of the Mexican Peso

    Uncertainty in Financial Markets and the Exchange Risk Premium of the Mexican Peso

    Since 2015, the Mexican Peso has been the second most depreciated currency among emerging countries. This depreciation is mostly due to the operating and liquidity conditions of the currency, since it can be traded twenty-four hours a day, seven days a week, which is a relatively uncommon feature among currencies. According…