Economy and Development

The Promise of PROMESA

Friday, December 30, 2016 - 08:45

This summer, all eyes turned to Puerto Rico. For a few short weeks, Capitol Hill was forced to acknowledge the problems the American protectorate had been having for years. On June 30th, 2016, the House passed the PROMESA Act (also known as the Puerto Rico Oversight, Management, and Economic Stability Act) which prevents Puerto Rico from being sued for not paying its bond payments.

The Untold Stories of Arabs in the Americas

Wednesday, December 21, 2016 - 08:00

There have long been Muslim and Arab populations in Latin America, but few people are aware of the sheer number of Arab descendants in the region. In fact, Latin America has the largest number of Arabs outside of the Middle East, with anywhere between 17 to 30 million people.1 In order to gain a full picture of this aspect the region’s demographics, one must first look back to the time of Columbus’ first voyage to the new world in 1492. In the same year, the Moors, as the Muslim communities were called, were defeated in Spain and Christianity ruled once again.

Foreign Aid in Haiti: Before and After

Friday, December 9, 2016 - 08:00

The recent hurricane in Haiti, Hurricane Matthew, has sparked discussion among socially conscious individuals and aid-providing organizations. With the 2010 earthquake leaving Haiti in a devastating state, many critics have pointed out that aid to Haiti in 2010 was more harmful than helpful and with this new natural disaster there is pressure to not repeat what so many call a foreign aid failure.

Desafios da austeridade econômica: Brasil abaixo Michel Temer

Tuesday, November 1, 2016 - 08:00

O mundo todo assistiu quando a presidenta Dilma Rousseff foi oficialmente afastada do governo brasileiro no dia 31 de agosto. O ex-vice presidente Michel Temer agirá como o presidente até as novas eleições em outubro de 2018. Ele terá muitos desafios macroeconômicos para resolver, incluindo quase 12 milhões de brasileiros desempregados, uma economia que encolheu 3,8% no segundo trimestre de 2016 e a inflação chegando aos 10% (“Time for Temer”, 2016). Quais são os desafios principais que Temer vai confrontar, e o que ele está fazendo?

A Disappearing Act: Where has One Third of Ecuador's GDP Gone?

Monday, October 24, 2016 - 17:15

In June 2015, members of the United Nations joined at the Addis Ababa development financing conference.  At the head of the docket was the topic of tax evasion, and developing countries pushed for the creation of an intergovernmental tax body within the UN which would ultimately establish global tax rules and help eliminate tax havens.

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