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Despite Protests, IMF Views Peru’s Labor Market Reforms As Strengthening Economic Growth

Peruvian miners recently took to the streets in a strike meant to protest proposed labor reforms. The labor reforms, proposed by President Pedro Pablo Kuczynski’s administration, aim to loosen restrictions on the termination of workers and generally relax regulations.[1] They have been perceived as hostile to workers’ interests by Peru’s mining unions, who claim that … Continue Reading

Entry into force of Law No. 42-08 on Defense of Competition in the Dominican Republic: Immediate Practical Consequences

On January 16th, 2008, the Dominican Republic enacted Law No. 42-08 for the Defense of Competition (“Law No. 42-08”), which is of public policy nature and seeks to promote free competition and sanction unfair practices in the Dominican market. The entry into force of Law No. 42-08, however, was conditioned on the appointment of the … Continue Reading

U.S. and Latin America Trade: Who could be affected by a shift in U.S. Trade Policies?

Trade policy has been at the top of President Donald Trump’s agenda since he began his campaign for the U.S. presidency.  Last month, he signed an Executive Order officially withdrawing the U.S. from the Trans-Pacific Partnership (TPP) agreement, a megaregional trade deal between the United States and eleven trading partners in the Asia-Pacific region.  President … Continue Reading
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