Economy and Development
Throughout the 1980s, a debt crisis enshrouded the economy in Latin America causing this decade to become known as the ‘Lost Decade.’ This crisis was provoked by the international macroeconomy experiencing t
In 2011, Chile was marked by the masses protesting the outrageous tuition rates and extreme levels of student debts. In 2016, the Chilean government responded by enacting a program known as gratuidad—making college free for qualified students. With the goals of reducing student debt, increasing enrollment among lower-income students, and decreasing the inequality entrenched in the education system and its students, gratuidad brought many students hope.
On Monday, December 2, President Donald Trump announced restore trade policies against Brazil and Argentina due to the massive devaluation of their currencies (Brazilian real and Argentine peso). Specifically, Pres.