...e Altmann Borbón’s 2009 study of ALBA and Petrocaribe, Venezuela’s preferential payment agreement to provide cheap oil to the region. Borbón finds that Petrocaribe has won widespread support throughout Central America and the Caribbean because of the low prices and delayed payments for oil that it offers. ALBA’s political-ideological project, on the other hand, has not gained much ground as countries – even including Nicaragua, with its rhetorica...
...st economic powerhouse, Brazil has the eighth worst income inequality in the world. And it is in good company. According to a United Nations development program, 10 of the 15 most unequal countries are in Latin America or the Caribbean. This makes it the most economically lopsided region in the world—even worse than Africa. This is an unavoidable issue; I chose this as my first topic for a reason. In the midst of all the hysteria about Latin mark...
...ks comes to 30 times its national GDP. There is no way to know exactly what percentage of this money is ultimately being hidden from another authority, but there are few other compelling reasons to do one’s banking on a small Caribbean island. Transparency International has devoted some investigative power to the issue of tax evasion, estimating that close to $1 trillion disappear from developing countries every year. Anybody looking to make fore...
...ram (NSEP) is a language initiative that provides scholarships to students studying languages “critical to U.S. interests.” These languages unsurprisingly hail from Africa, Asia, Eastern Europe, Eurasia, Latin America and the Caribbean, and the Middle East. While most initiatives of the same genre require only that the recipient continue studying the language, NSEP actually involves a year of government service upon graduation. Christopher Powers...
Follow us at
Like us on
Recent Comments