EdTech to Bolster Educational Achievement in Guatemala, Developing Economies

Guatemala recently rolled out a new education program launched by its Ministry of Education which allows Guatemalans from ages 13 to adult, both at home and abroad to continue their education.  The program, Programa Nacional de Educación Alternativa –Pronea, allows students to participate in distance learning and earn formal certifications. Education like all other sectors…

Six African Quotes for Business (Wakanda Edition)

In 2017 we featured five African quotes for business, and our readers loved it.  This year we are going for round two with six African Proverbs for Business, the Wakanda Edition.  You will find meaningful proverbs from the tribes of successful Africans around the world!  We include sage from African tribes both old and new! …

Turkey: Innovative Trade Hub of the Future

In 2013 Turkey’s Simplified Customs Corridor with Russia amassed a trade volume of $100 million dollars, by 2015 the trade volume had rose by nearly 50 percent to 142 million dollars.  The rise in trade volume for this voluntary agreement signed in 2008 helps exporting companies simplify customs procedures.  Due to its key position in…

Globalization and Labor: Gigs Grow As Stability Falters

In 2017, there were nearly 600 million entrepreneurs recorded, according to figures from the Global Entrepreneurship Monitor (GEM).  There are an estimated 27 million in the United States alone,  0.05 percent of that giant worldwide figure.  While the signs of growing entrepreneurship seem encouraging, are they indicative of a much larger issue throughout the world? …

A Trade War of the Worlds

In 2014, China held over a third of U.S. debt, amounting to nearly 18 trillion USD.  In just four years, that number has dwindled to a paltry 1.18 trillion, due in large part to China’s rapid sell-off of American currency.  In the past, nations sought U.S. dollars as a guarantee to ensure fiscal stability due…

Is NAFTA a Roadmap for Africa’s Continental Free Trade Agreement?

The deadline to renew the North American Free Trade Agreement (NAFTA) is set for the end of March; but it is currently under renegotiation, with the U.S. and Canada making some of the biggest changes. The current administration has been skeptical of NAFTA’s economic benefit; with experts also disagreeing over how effective the agreement has…

Angola and The Changing Face of Debt

In early February 2018, Angola signed a 70-million-dollar agreement with the World Bank to develop the nation’s local economy.   The loan is specifically targeted at infrastructure construction of medical centers, staff residences and other public works. The African nation has unsuccessfully sought to attract investors and appears to be turning its aspirations inward.  Like many…

Panama’s Multinational Future

The Panama Trade and Investment Agency (PROVINEX) hails itself as the “Ultimate Destination for Multinationals investing in Latin America.”  For many developing economies, attracting foreign investment has been the primary goal.  According to figures released by PROVINEX, more than 140 multinationals have invested in the Latin American nation since 2007.  It’s top three investors being…

Quantifying Brazil’s Economically Inactive Citizens

Brazil boasts of a population of nearly 208 million people of which it is estimated that 90.2 million are economically active.  This is an important aspect of economics and population to consider, as there yet remains those in less developed areas that survive on subsistence farming and more traditional forms of self-sustenance beyond the unemployed….

UK Refocusing on Farming and Agriculture

While the push toward agricultural development in recent times has been thought to be the domain of developing economies, the United Kingdom has begun its own investment in the sector.  According to a UK government press release in February, a £60 million grant scheme has been introduced to bolster and support dairy farming in the…

Here’s Why Failing Your Interview Is Good

As the science on workplace health and leadership improves, we are learning more about what motivates people and increases productivity.  Even as these advances increase, career coaches are still teaching candidates the same old robotic way to use “soft skills” to finesse their way into a nightmare job. According to a 2015 Rand study, “Working…

Nigeria, Rebuilding Momentum in the World Economy

In 2012 Nigeria generated nearly 150 billion in exports; but in just a over a year, trade had dropped by nearly half, at 90 billion.  Few know that the United States is Nigeria’s largest export destination receiving much of its revenue from oil and crude.  While many Nigerians blamed the precipitous drop that rocked the…