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Egypt: International Benefits – Local Bane
It’s no secret that the economic situation is Egypt has been in constant decline since the January 25th revolution. It is easy to blame this downturn on the unstable political situation; but the fact remains that the Egyptian economy and resources have been mismanaged for the last six decades. Economic […]
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La industria turística en Cartagena de Indias: mercado cultural, identidades fluctuantes
Abstract: During the past ten years, Cartagena de Indias in Colombia, one of the most important commercial and slave trader ports of the Colonial Hispanic America, has become an international destination loved by tourists from around the globe. Nearly 6 million visitors arrive every year. Considering that the native population just surpasses one […]
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Preventive Austerity and Growth in the Developing World
“Joder, que nosotros nos hemos venío porque allá no hay trabajo…” (F*** man, we came here because there are no jobs there…) answered the Spanish couple to my inquiries about their origin and their visit to the beautiful Mexican beaches of Los Cabos, Baja California Sur. I had finally met […]
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Tratados comerciales con socios diferentes: la opción de Sudamérica
Abstract: Some Latin American countries are finally seeing certain economic stability. The expectations for the future of these countries are optimistic. Part of the success could be a strategy practiced by the most important economies in South America: trade agreements among themselves. Many of them share the interest of improving […]
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No real austerity in Slovakia
Even in previous decades during years of high growth, Slovakia still ran up big deficits. To enter the euro area a country has to meet a reasonable set of criteria known as the Maastricht criteria. This means that a country which gives up its local currency must keep its deficit […]