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economic news coming out of Latin America is finally somewhat positive.
Stagnation seems to be turning into growth. However, most of this is due to a
recovery in commodity prices. Underlying structural problems, especially
inequality, persist. Sustainable economic growth in the coming years will
require smart domestic policy choices and lowering barriers to intra-regional
Dr. Joseph S. Tulchin
The intellectually arrogant arguments against “populism” fail to consider that it is an important ingredient in any democracy. It is demagoguery that is dangerous. And there is plenty of that in France’s election campaign. With many of the candidates railing against “inequality” – a strength, not a weakness of mankind – only Francois Fillon, who supports free markets and an EU that acts as a fatherland of the fatherlands, has a realistic economic and social agenda.
Prince Michael of Liechtenstein
Thomas Piketty captured something essential in the post-Lehman mood with his study of income and wealth differentials in the developed world. More’s the pity that his policy recommendations are misguided, in part because he missed the worst kind of inequality. During periods of economic crisis and slow growth, concerns ab...
Dr. Emmanuel Martin
El Salvador is Central America’s most densely populated country. With six million people and a gross domestic product of $25 billion, its per capita GDP is $4,100 – not bad for a country generally considered poor by international standards. In the region, only Costa Rica does much better. El Salvador’s potential for further development is strong, but it is being he...