Policy recommendations by Gustavo Vélez to the Oversight Board
November 30th, 2017 “While economic institutions are critical for determining whether a country is poor or prosperous, it is politics and political institutions that determine what economic institutions a country has.” From the book “Why Nations Fail” by Daron Acemoglu and James A. Robinson Thank you, Mr. Chairman, and board members for inviting me to this public hearing with the purpose of discussing new perspectives and recommendations to develop a new Fiscal Plan. Two months aft ...