Only recently, Mexico’s infection rate has increased exponentially . Worldwide there are nearly 18 million Corona Virus cases, with some of the highest numbers in the Western Hemisphere. In addition to the infection rate, the death toll has increased to the third highest in the world, eclipsing UK mortality numbers in July, according to an…
Tag: GDP
Repackaging the Developing World
Nations around the globe are mulling over how to restart and rescue flagging economies brought on by the worldwide COVID-19 Pandemic. Among those seeking a solution to economic woes are the world’s “developing economies,” many that often have GDPs lower than many Western multinationals. These nations must not only determine how to solve the new…
Germany Tasked With EU Recovery Woes
Germany is slated to take the helm of the European Union’s Presidency of the Council in July. Currently at a 62 percent GDP to debt ration it has been tasked to take the helm of the beleaguered Union struggling with debt ratios at or above 100 percent. Greece, has ballooned to nearly 200 percent, and…
The Center Cannot Hold: Economic Aftermath
September 11, 2001. It is a day that no living American will ever forget. The crashes happened in a matter of minutes, but the reverberations from the fallout continues to this day. It was the first time it ever occurred to anyone that the United States could be toppled–that a nation of grandiose democratic ideals,…
A Growing Threat: Economies of Power
Although China has grown immensely over the past 20 years, countless other economies have seen much advanced growth. India, the UAE and Vietnam are among them to name only a few. Many of these countries have extensive business interactions with the USA and other advanced economies. While the US has quite a large trade deficit…
The Economics of Dominance: A New World Order
Just when it seemed a comprise had been reached between China and the US on trade; there was the arrest of Huawei CFO Meng Wanzhou. Arrested in Canada for extradition on December 1, Meng faces charges levied by the US Justice Department. The unusual case has come under scrutiny and garnered nervous murmurs from sectors…
Australia Focuses On Northern Region for Growth
In April, Australia held its second Ministerial Forum on Northern Development to continue firming plans to create new commercial and private opportunities in Northern Australia. Since it’s inception in 2016, the initiative has accomplished 34 of its 51 commitments outlined in the “Developing Northern Australia White Paper.” “Our $700 million Northern Australia Roads Program and…
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…
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…
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…
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…
Women Entrepreneurship Key to Continued Growth in Sri Lanka
Sir Lanka initiated a major women’s initiative September 26, 2016 to address the need to grow and support women entrepreneurship. The scheme recognizes that women entrepreneurship is an area that could use major support in Asia. The scheme acknowledges that while the region has seen explosive growth in the areas of ICT, business and trade,…
Lela Winston 