Economics

Economics

Why scrapping DACA could cost the US billions

President Donald Trump is expected to make an announcement Tuesday on the fate of the Deferred Action for Childhood Arrivals (DACA) program. Eliminating the program would not only have devastating psychological effects on current DACA recipients and their families, but the potential to negatively affect the US economy, according to various studies.

Economics

Brazil defies (positive) expectations

Roiled by two years of recession, the impeachment of one president and indictment of another, and its worst corruption scandal ever, Brazil is not exactly on the path predicted at the beginning of this century, when it was hailed as one of the globe's most promising rising economic powers. What happened? Inequalities and imbalances at home may have been papered over in boom times, but they didn't go away, and now Brazil's leaders face the challenge of finding a more sustainable and equitable way forward.