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The Day of the Dead – a shot of new life for the Mexican economy
Every year in early November, the “Day of the Dead” is celebrated in Mexico. It’s a public holiday that reflects a mixture of pre-Hispanic festivities from the Aztecs, combined with the Catholic influence of All Souls’ Day brought in by the Spanish conquest. This day is one of Mexico’s most […]
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Is Norway and its Oil Fund a sustainable “resource blessing”?
The Norwegian Oil Fund reinvests state revenues from the country’s petroleum sector to preserve today’s wealth for future generations. This system brings together growth and sustainability – but does it in reality? Norway is known as one of the richest countries in the world. Its fortune is based on its […]
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Inclusive Growth v. Exclusionary Morality: Italy’s Dilemma
Inclusive growth is a concept created to counterbalance the shortcomings of the pure market economy. As much as any other concept that pursues the same aim, its foundations rest on principles that are not always clearly expressed, sometimes for electoral reasons, sometimes out of ignorance. In the case of inclusive […]
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Questions that Growth and Sustainability Do Not Answer
In the recent past Colombia has shown very interesting, steady and positive growth rates which have now put it among the group of Latin American countries with a better economic showing. Growth in Columbia has been mainly driven by the boom in metal prices like gold that has boosted the […]
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Mexico’s middle class takes a body blow
A struggling middle class watched from the sidelines while Congress mangled a ‘miscellaneous fiscal reform’ through the Senate and passed it in ‘fast-track’ mode, creating great concern among millions of households. When Mexico’s President Enrique Peña Nieto took up office in 2012, he came in embracing his role as the […]