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Lessons of austerity from the Latin American debt crisis
What is the difference between austerity policies and the politics of austerity? At a time when Europe is pondering how to deal with its debt crisis problem, we look back at the experience of Latin America during the 1980s Latin American debt crisis. Understanding what happened then, and recognizing the advances in economics and government, may yield some lessons for Europe.
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Austerity: it’s all a matter of “when”
The choice between austerity and more spending looks like an intergenerational dilemma, and a good test to the ability of the humankind to think beyond a couple of years.
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The Implications of Economic Liberalization for Egypt
No state in today’s world can escape globalization. The socialist policies adopted by former Egyptian president Nasser in the 1960s might have been suitable for his time. However, the present international system requires the removal of all trade barriers between states. In Egypt, some intellectuals are criticizing Egypt for taking […]
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Why having the wrong phone carrier in Costa Rica can cost you a date
It was early evening on Maundy Thursday. I was in San José, Costa Rica, visiting a friend, and we and a small group of her friends had just come back from a trip to the mountains. Since it was a holiday in a Catholic state, we had a really hard time […]
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Down at heel? Brazil and the international shoe trade
On the issue of free trade agreements, what’s better than the workers’ point of view? In 2012, during a national conference of the footwear industry workers, I became aware of Brazilian workers’s take on the flow of shoes, their jobs, Chinese goods and international agreements.