The Global Financial Crisis prompted academic and policy debates on the need to include political factors in the analysis of economic phenomena, such as trade exchange and financial flows among sovereign states. However, how can one account for the impact of government action on a country’s foreign economic relations?
Art and Culture
A couple weeks ago I talked about the new trade and foreign direct investment deals occurring between Latin American countries and China. This subject dates back to the 2000s with the boom of China’s economy, but history between the two countries dates back to the colonial period when goods from both regions were highly prized and exploited.
The Rupununi is a vast savannah lowland region of Guyana, one which forms the Northern fringe of the Amazon basin. Its geography is distinct from the rest of the country, with the tropical forests that cover much of Guyana giving way to the seasonally flooded grasslands, crossed with small meandering creeks. The Rupununi was originally part of the Gran Sabana (Venezuela) and the Rio Branco savannah (Brazil), a geography artificially divided along political line
Dr. Lara Putnam is a professor of history at the University of Pittsburgh. Much of her research centers on migration, race, and gender in Latin America. I sat down with Professor Putnam to discuss her career, her research, and her views on immigration policy.
Petrobras is embroiled in arguably the greatest scandal in Brazilian history. The story goes something like this: At its peak, Petrobras was spending nearly $20 billion a year on new construction projects. The executives responsible for awarding contracts had formed a cartel with some of Brazil’s largest construction and engineering firms. These firms would decide which one of them would win a contract, and then would add 1-5% more money onto the bid price.