Latin America

Competition for Extortion: Evidence from 50,000 Extortion Payments in El Salvador

A new paper explores how truce deals between gangs are equivalent to collusion, and result in higher extortion prices that have negative...

Lessons from Latin America on Fighting Corruption — a Webinar

A wave of anti-corruption efforts has swept Latin America in the last few years, leading to high-profile convictions but also facing pushback...

Why an Antimonopoly Movement Is the Kind of Populism That Chile Needs

President Piñera's approval rating has reached a record low, not just for the Chilean democracy, but for all of South America. The rise of...

Chile's Fall From Grace Shows the Failures of Neoliberalism

For many years, Chile’s economic growth and transition to democracy have made it the poster boy for neoliberalism. The current wave of protests highlights...

In a Mexican Establishment Rattled by Corruption Scandals, Impunity Reigns

High-profile scandals like Odebrecht, The Panama Papers, and Swiss Leaks have brought down powerful politicians and businesspeople across Latin America. In Mexico, however, not a...

How Financial Regulations Can Create Barriers to Entry: The Case of Cumplo in Chile

A new Stigler Center case study chronicling the story of Chile’s first crowdfunding platform and its early regulatory challenges illustrates how financial regulations can be...

LATEST NEWS

Rethinking Competition: From Market Failures to Ecosystem Failures

Despite the overwhelming importance of digital platforms, and the chatter around their recent rise, our understanding of digital ecosystems is still limited....

A Famed Economist’s Public Company U-Turn

Michael Jensen, a leading late 20th century economist, pivoted from praising public companies in the 1970s to assailing public company governance in...

Chinese Antitrust 2.0: Why Is China Going After Its Big Tech?

In an interview with ProMarket, Angela Huyue Zhang, author of a new book Chinese Antitrust Exceptionalism, discusses the motivations behind the recent...

Preventing Drug Shortages and Saving Lives: The Role of Quality and Reliability Standards

Prescription drug shortages have become more common in recent years, interrupting usual medical care and increasing patient risk and system costs, but...

Facebook Break-up Can Be Feasible, Efficient, and Ultimately Beneficial to Consumers

Is the relief sought by the FTC in its case against Facebook the right way to go? In principle, yes. However, the...