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February 10, 2022

Costa Rica
Costa Rica’s Presidential Election: What to Know

The two leading candidates to emerge from a large field reflect voters’ concerns about economic malaise and corruption, but there’s little sign of the upheaval seen in other regional elections.

May 7, 2008

Trade
State and Local Officials Conference Call with Sebastian Mallaby

Listen to Sebastian Mallaby, CFR's director of the Maurice R. Greenberg Center for Geoeconomic Studies, Paul A. Volcker senior fellow for international economics, and deputy director of studies, disc…

Podcast

June 15, 2023

United States
The History and Future of the Federal Reserve’s 2 Percent Target Rate of Inflation

The Federal Reserve’s 2 percent target rate of inflation is not strictly empirically derived. Should it modify this target moving forward?

Chair of the Board of Governors of the Federal Reserve Jerome H. Powell participates in a panel during the Central Bank Symposium in Stockholm, Sweden.

February 6, 2020

Americas
Why Can’t Central America Curb Corruption?

Pervasive corruption has long stymied development and fueled emigration from some of Central America’s poorest countries. The recent disbanding of antigraft commissions makes their prospects for refo…

April 21, 2006

Global
The World Bank and Corruption

A decade after the World Bank mounted its first anticorruption campaign, the impact appears to have been minimal. Paul Wolfowitz, the bank’s new president, is seeking to reinvigorate the effort. But …