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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Oil Nationalization? Why Chad is No Bolivia

Idriss Deby, President of ChadChad 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:

Resolution of Argentina's Financial Crises

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.

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