Economy and Development

Fernández de Kirchner Faces Strike Over Inflation and Insecurity

Friday, April 18, 2014 - 13:15

Last week, Argentina’s president Cristina Fernández de Kirchner faced a general strike from some of the largest unions of the country. Most businesses and services throughout the country were closed including transportation, hospitals, schools, and restaurants.1 With many taxi and bus drivers on strike, those who did not participate could not go to work for the day. Picketers blocked off roads, preventing travel throughout the capital. In other cities throughout the country, such as Córdoba, smaller scale strikes had similar effects.

Brazil to Emerge a "Loser" in 2014 World Cup

Thursday, May 22, 2014 - 12:30

With one month until the World Cup, Brazil is rushing to complete the necessary infrastructure to effectively host the tournament, which begins June 12th when Brazil faces Croatia. The Brazilian Ministry of Tourism has estimated the World Cup could result in up to $11 billion USD in direct, indirect and induced economic growth for the country, a number more than 20 times what host South Africa made in 2010.

Colombia's Plan Vive Digital Brings Human Development, Employment and Tertiary Sector Growth via Expanding Internet Access

Tuesday, September 9, 2014 - 08:00

In 2010, as part of the Information and Communication Technology (ICT) Law of 2009, the Colombian government announced the ambitious goal to bring internet access to half a million Colombians.1 Since the program’s implementation in 2011, the advances in internet access are astounding making Colombia the online government leader in Latin America.2 They plan to eventually provide each citizen with their own piece of “digital real estate;” including an email account, access to their digital medical records and major financial transactions.3 The overarching ob

Inflación y Escasez de Bienes, Serios Problemas en la Economía Venezolana

Wednesday, September 17, 2014 - 08:00

Los precios suben rápidamente mientras el poder adquisitivo cae. La inflación de agosto fue de 3.9%, mientras que la de julio fue 4.1%, principalmente debido al alza en los precios de alimentos y bebidas.1 En los últimos doce meses, los precios han subido 63.4%, de acuerdo a cifras entregadas por el propio banco central de Venezuela. Esta alza representa el porcentaje más alto de América Latina y posiblemente del mundo.6 Tras las cifras se esconde una dura realidad que los venezolanos viven en el día a día.

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