Read all posts from ‘Global Issues’

It’s been seven years since Romania joined the European Union and even though this event sounded like arriving in the promised land, this wasn’t quite the case. Great Britain didn’t give work permits to Romanian citizens as the government  was afraid of what they called a potential … “invasion”. We’re […]

No economy can grow in isolation and in that respect trade plays a very important role. However, before getting into any trade agreement you need to do a proper cost-benefit analysis. The European Union has had its share of problems from mounting fiscal deficits to chronic depression, and India as […]

Abstract: Seven years have have passed since El Salvador became the first country to start the application of the Central America Free Trade Agreement (CAFTA), signed with the United States. The agreement has had many detractors since its  negotiation, and  many sectors insist it has affected the Salvadoran production and even increased […]

Vasily Melnichenko, a farmer from a village close to Yekaterinburg, became famous after speaking during the Moscow Economic Forum. “We joined the WTO, but we are certainly not competitive” Melnichenko said. “We want to develop a clear economic and social program because the level of idiocy has, generally speaking, already […]

What do Nissan, Mazda, Chrysler, Volkswagen and Honda all have in common? That’s right, they’re all cars manufactured in Mexico. The country’s auto industry has boomed over the last 20 years and now manufactures more than 2.5 million vehicles a year, making it the fourth-largest exporter of new light vehicles […]