September 7 2013 image description
by: jmhumire 0 Comments

Is the China-Latin American Fiesta Over?

The recent deceleration in China’s economic growth rate has sent waves of speculation among many commentators.  Most recently, concern is being voiced that China’s slowdown will have a negative impact on Latin America’s emerging markets. The Miami Herald’s Andres Oppenheimer, for example, declared that the “China-Latin American fiesta is over.”  None other than Nobel Laureate Paul Krugman has argued “China is in big trouble.” 

For Oppenheimer signs of the fiesta’s end are China’s lowered growth rates, its decreasing raw material purchases in the region, as well as a lack of diversification in exports and infrastructure spending by Latin American countries. 

There are two things to examine here.  One is China’s shifting economic priorities.  The other concerns trade policies in different Latin American countries. 

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July 15 2013 image description
by: jmhumire 0 Comments

Egypt’s missing marker: Economic freedom

Much has been written about the Muslim Brotherhood’s disastrous influence in Egypt and the Obama administration’s unwise foreign-policy decisions throughout the Arab Spring, but both are merely byproducts of larger underlying problems that threaten Egypt and its neighbors.

To better grasp these problems, it might be useful to look at Egypt from a broad, strategic view and discuss key factors of economics, population density, literacy and geography that have been mostly absent from the dialogue.

For the sake of comparing Egypt’s land area, apart from an immense swath of the Sahara Desert, the inhabitable section consists of the Nile Valley and Delta, which fans out into the Mediterranean Sea. At roughly 10,000 square miles, it is about the size as Massachusetts…. (more…)