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Since its appearance in 2020, Brazil and Mexico have been among the most affected countries in the world by covid-19. Their respective presidents, Jair Bolsonaro and Andrés Manuel López Obrador (known as AMLO), have played a leading role in specific policies during the pandemic. Their choices were both singular and counter- intuitive. On the health front, AMLO initially underplayed the seriousness of the situation, and the Brazilian president, Bolsonaro, defended a frankly negationist attitude, with a dramatic balance sheet, without his popularity being seriously affected. On the economic front, they have chosen policies that contradict not only each other but also their own supposed ideological stances. Bolsonaro, who is ranked on the far right, has implemented an emergency transfer program on a scale comparable to those of developed countries and the most massive the country has ever seen. Conversely, AMLO, considered a progressist, provided just a minimum policy package, maintaining his previous electoral program. By adopting a comparative approach and mobilizing a unique and diversified set of data, the objective of this paper is to explore these apparent contradictions. After having established the precise diagnosis of the policies implemented to deal with the crisis and the economic and health situation in the two countries during the 2020-2022 period, we propose an original interpretation grid of the central role played by the two presidents. [ABSTRACT FROM AUTHOR]

Territorial inequality associated with the location of population and activities, access to infrastructure and services, employment and material living conditions, is a historical reality in Latin America. This phenomenon has accompanied the demands of successive development models, and since the mid-twentieth century it has begun to be recognised in its full complexity with the installation of developmentalist governments. As a result, various public policies were adopted that failed to have a significant impact on these inequalities or to address their social consequences. Given the need to reformulate approaches, optimise resources and overcome obstacles in the implementation of public policies, this paper seeks to analyse the policies on the government agenda in Argentina from the change of management materialized at the end of 2019, identifying the limitations, achievements and potentialities of the policies proposed in Argentina, Brazil and Mexico and their effects on territorial inequality. [ABSTRACT FROM AUTHOR]

This paper analyzes the impact of the feedback relationship that exists between inflation, its uncertainty, and the economic growth of the two main Latin American economies. A Bivariate Generalized Autoregressive Conditional Heteroscedasticity model is developed, which also allows the identification of asymmetric impacts on the conditional volatility of the product and inflation, the sample period corresponds to January 1985 to June 2019. Additionally, causality tests are developed to identify the fulfillment of the main hypotheses raised. Among the main findings is the verification of the Friedman-Ball hypothesis for both countries in most of the lags. Regarding the second hypothesis, it is found that the central bank of Mexico has presented a stabilizing behavior, while in the Brazilian case an opportunistic behavior has been identified. In the third hypothesis, no causal relationship of inflationary uncertainty towards economic growth is identified, in the case of Mexico; while, in the case of Brazil, an ambivalent causality has been identified, regarding the number of lags. Finally, in the fourth hypothesis we find results that corroborate, mainly for both economies, a positive effect from inflation on economic growth. [ABSTRACT FROM AUTHOR]

This paper analyzes debt securitization in underdeveloped countries, using the case of Argentina, Mexico, and Brazil. We argue that the three countries have had a significant increase in the issuance of debt securities. However, the nature of the securities issued is different in each nation. In the case of Argentina, the increase in international debt securities in circulation has to do with the issuance of government securities. In Mexico, the increase is more related to the new financing needs of Mexican non-financial corporations. While in Brazil, the increase in the issuance of debt securities is due to a combination of both factors. [ABSTRACT FROM AUTHOR]

The XV Symposium and XIII Congress of the Cuban Society of Physics took place at the University of Havana from March 9th to 13th, 2020. The event featured the participation of Cuban and foreign specialists, and a total of 217 papers were presented. During the Congress, the work of the Cuban Society of Physics in strengthening relationships with related associations was highlighted, and the society's 40th anniversary was celebrated. In addition, organizations and individuals who have contributed to the development of physics in Cuba were recognized. The Cuban Society of Physics has also organized the Latin American University Physics Olympiad since 2017 and publishes the Cuban Journal of Physics. Awards were presented to outstanding professors during the congress, and discussions were held on the current situation of physics in Cuba. [Extracted from the article]

The objective of this paper is to examine the relationship between fiscal and monetary policy coordination and fiscal multipliers in Argentina, Brazil, Chile, and Mexico. To do so, we first look at the theoretical framework of the New Consensus Macroeconomics (NCM), and then analyze the trends in the four countries for variables including consumption, investment, government spending, and interest rates. Finally, we present an estimate of the spending and monetary multipliers with proxy variables. The contribution of this paper consists of one, showing the inexistence of the crowding out effect, and two, quantifying the multipliers for the aforementioned countries. [ABSTRACT FROM AUTHOR]

This paper analyzes the relationship between the financial instability generated by shortterm capital flows in the absence of control mechanisms and the restrictions facing the implementation of counter-cyclical fiscal policies in the inflation-targeting regime, using as a springboard the recent financial crises in, specifically, Brazil, Chile, Colombia, Mexico, and Peru, showing how an increase in the issuance of public bonds to, via interventions in the exchange rate market, sterilize the effects of short-term capital flows on the monetary base is a source of endogenous instability, because this mechanism entails risks for the exchange rate and interest rate. [ABSTRACT FROM AUTHOR]

The aim of this paper is to analyze the entry strategy of Spanish companies into the market, companies which have followed an implementation process in some emerging countries such as China, Brazil and Mexico. For this reason, a bibliographic revision has been made to determine internationalization methods as well as a field work based on polls applied to Spanish company executives that are implementing them in their developing economies. After that, a descriptive data analysis has been made. The outcomes of this research suggest that China and Brazil have more big entry barriers than Mexico for Spanish firms, and also these huge difficulties are reflected through the market entry method. In the first two former cases, joint ventures are usually applied, and in the other case, the establishment of subsidiaries is preferably applied. [ABSTRACT FROM AUTHOR]

The paper examines the relationship between the performance of Latin American stock markets with their real economies, applying seven econometric models for the cases of Argentina, Brazil, Chile and Mexico. The relationship between stock market yields in these countries and their respective GDPS is examined and compared, applying to the series for each country unit root tests, cointegration analysis, error correction model analysis, Granger causality modeling, self-regression vector analysis, stimulus and response functions, and variance decomposition analysis. The series comprise the following stock markets: Argentina's MERVAL, Brazil's BOVESPA, Chile's IGPA, and Mexico's IPC, as compiled by Economática. The GDP series were obtained from the Cepalstat data base. The series are monthly and are for the period 1993-2005. [ABSTRACT FROM AUTHOR]

This paper is concerned with the analysis of the Post Cold-War International Political System and the corresponding Inter-American System, as important frameworks to carry out the research of regional mediating powers, in general, and of two regional mediating powers in particular, cases in point: Brazil and Mexico. Consequently, two pictures of the states' structural positioning are constructed, a general one (in the International Political System) and an individual one (in the Inter-American System), which makes it possible for us to identify the regional mediating powers in the world and in America. This way, Brazil and Mexico are identified as States that exhibit important capabilities and play mediating roles among the world powers and the neighboring States. [ABSTRACT FROM AUTHOR]