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Economy and Development

Column by Carmelo Mesa Lago: “The Legacy of Fidel: Social Economic Balance in 2016”

February 16, 2017

Upon the death of Fidel Castro, the global media praised his legacy of political sovereignty and his role as an internationalist, as well as the notable improvements he made in education and health, although the judgment is usually negative in regards to the economy.

The Promise of PROMESA

December 30, 2016

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

December 21, 2016

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

December 9, 2016

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

November 1, 2016

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?

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