Economy and Development

Territory Tax – A Comment on the Current state of Taxation for Puerto Rico Under the Trump Administration

By US Latin American Relations
June 7, 2018

In December of 2017, Donald Trump signed the new GOP tax bill rearranging and recreating the way our country collects its dues. This bill affects every state in the Union, but it also affects one curious case in the Northeast Caribbean – Puerto Rico. The bill includes a new 12.5 percent tax on profits derived from intellectual property held by foreign companies. For Puerto Rico, this means it is treated differently from every other state. The new policy is designed to back the “America First” trademark of the Trump administration by bringing home American companies.

NAFTA or America First: The Vantage Point of the Auto Industry

By US Latin American Relations
May 10, 2018

In the world of trade policy, not much if anything is ever clear one way or the other. This is certainly true for the relationship that the American auto industry has had with NAFTA ever since its ratification. While many blue collar workers and others point to free trade agreements as the reason why their careers are no longer a given, the auto industry sings a much different song. A song that preaches of the good that globalization has done and that if it were not for NAFTA many more of those all so important American jobs would have been lost then already were.

Fighting the Obesity Epidemic in Mexico: A Combined Effort

By Genevieve O’Brien
April 30, 2018

According to a recent publication by the Organization for Economic Co-Operation and Development (OECD), Mexico is the world leader in its combined overweight and obesity rates among adults, with over three-quarters of the population over 15 suffering from one of these two conditions (Mexico News Daily 2017). To make matters worse, Mexico’s obesity rates have been gradually on the rise over the past forty years. Obesity reduces both the quality of life and the life expectancy of individuals by putting individuals at higher risk for developing chronic illnesses.

Effects of Corruption on the Economy of Latin America

By Megan Prenatt
April 19, 2018

This article was written as part of the course “Latin American Economic Development” offered by Professor Marla Ripoll, Department of Economic, University of Pittsburgh.

 

According to a 2017 IMF report, corruption in Latin America is one of the biggest hindrances

on the economy. Corruption can impede prospects for delivering sustainable and effective

growth. Many corruption cases go undocumented due to the fact that in many cases it is illegal

and very well hidden. This makes it difficult to obtain clear data for research. However, with

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