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Nobody knows where or when the euro will stabilise in value against stronger world currencies like the American dollar. But there are advantages for European-based businesses which export to America and Asia. Depreciation of the euro against other currencies provides them with a distinct competitive advantage to increase employment, but skill, motivation and initia...
Professor Enrico Colombatto
Argentina’s economy is slowing and threatening the policies of President Cristina Kirchner’s government. But instead of adapting its policies her government is riding roughshod over opposition, changing the inflation rate figures and imposing exchange rate controls. The measures have led to growing unpopularity and huge public demonstrations. Her confusion during s...
Dr. Joseph S. Tulchin