Economy and Development

Desafios da austeridade econômica: Brasil abaixo Michel Temer

November 1, 2016

O mundo todo assistiu quando a presidenta Dilma Rousseff foi oficialmente afastada do governo brasileiro no dia 31 de agosto. O ex-vice presidente Michel Temer agirá como o presidente até as novas eleições em outubro de 2018. Ele terá muitos desafios macroeconômicos para resolver, incluindo quase 12 milhões de brasileiros desempregados, uma economia que encolheu 3,8% no segundo trimestre de 2016 e a inflação chegando aos 10% (“Time for Temer”, 2016). Quais são os desafios principais que Temer vai confrontar, e o que ele está fazendo?

A Disappearing Act: Where has One Third of Ecuador's GDP Gone?

October 25, 2016

In June 2015, members of the United Nations joined at the Addis Ababa development financing conference.  At the head of the docket was the topic of tax evasion, and developing countries pushed for the creation of an intergovernmental tax body within the UN which would ultimately establish global tax rules and help eliminate tax havens.

Argentine Peso Drastically Devalued

October 20, 2016

This past week the Argentine peso fell 11% below the American dollar, the steepest daily fall it has suffered in the past 12 years. The official exchange rate has reached almost 8 pesos to 1 US dollar. Since the economic crisis that hit the nation in 2001, many Argentines have shown little faith in their own economy. Instead, they purchase foreign currency to save rather than saving their constantly depreciating pesos.

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