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Chad has expelled oil giants Chevron and Petronas from the country for allegedly failing to pay taxes. The press seems to be suggesting that the move is either another Bolivia-style nationalization or simply the government moving the American and Malaysian companies out of the way for another investor:
Milan Vaishnav, a former CGD research assistant and current Columbia PhD candidate, has sent the following intriguing observations from Bolivia, where he is conducting research for CGD's Engaging Fragile States initiative:
Nancy Birdsall delivered the speech Beyond the Consensus of Washington: New Social Contract in Latin America in Lima, Peru on November 17, 2005 at a seminar hosted by the Group for the Analysis of Development
With the U.S. announcing the pursuit of bilateral trade agreements with a host of South American nations, research fellow Kim Elliott takes a look what the impact of such agreements could be in Pitfalls in Asymmetric Negotiations: Will the U.S. be the Next Goliath?
Aware of the crucial importance for Latin America of reaching a prompt and effective solution to the current financial problems in Argentina, this statement reflects the assessment and recommendations of the Latin American Shadow Financial Regulatory Committee (LASFRC) for moving towards that end. The statement has three parts. First, it identifies the major features and problems facing the Argentine banking system. Second, it assesses alternatives for crisis resolutions. Third, it advances on general lessons applicable to the region.