Economics & Business Archive

Chilean President Michelle Bachelet was in Argentina last month, where she gave her support to Argentina joining the Pacific Alliance trade bloc. It was her first visit to the country since President Mauricio Macri assumed office in 2015. In an email interview, Peter M. Siavelis, the director of the Latin American and Latino Studies program at Wake Forest University, discusses relations between Chile and Argentina. WPR: What are the main areas of cooperation between Chile and Argentina, and how have ties evolved over the past 10 years? Peter M. Siavelis: Chile has historically shared troubled relations with neighboring Argentina and […]

Last month, The New York Times reported that the growing number of tourists in Cuba is dramatically increasing the demand for food and leaving ordinary Cubans without many basic staples. In a phone interview, William LeoGrande, a professor of government and a specialist in Latin American politics at American University, discusses the effects of tourism in Cuba. WPR: What positive impacts has Cuba seen from expanded tourism in recent years? William LeoGrande: Tourism has become one of the leading economic sectors in Cuba. Last year, around 4 million foreign visitors came to the island, generating $2.8 billion in revenue—only the […]

Editor’s note: This article is part of an ongoing WPR series on income inequality and poverty reduction in various countries around the world. Honduras is the most unequal country in Latin America and the sixth most unequal country in the world, according to World Bank statistics. The poverty rate currently stands at 64.5 percent, while 42.6 percent of Hondurans live in extreme poverty. In an email interview, Jake Johnston, a research associate at the Center for Economic and Policy Research, discusses income inequality and poverty in Honduras. WPR: What is the rate of income inequality in Honduras, what are the […]

In July, World Politics Review launched its Global Agenda series, inviting authors to make their case for the biggest priorities facing the international order and U.S. foreign policy today. Over the following months, contributors took turns diagnosing the gravest challenges, and greatest opportunities, facing the global community. 2016 has come and gone, bringing a series of tectonic shifts to the geopolitical landscape. What developments might 2017 bring about as an encore? WPR has compiled 11 articles from the series that provide a roadmap to the upcoming year in international affairs. The following 11 articles are free to nonsubscribers until Jan. […]

On the last day of 2016, Indian Prime Minister Narendra Modi went on television with a New Year’s speech to address the most pressing issue on Indians’ mind: the sudden withdrawal less than two months earlier of most paper currency from circulation. He urged the Indian people to be patient and have faith, and told them to think of Mahatma Gandhi and his strategy of nonviolent resistance as they tried to endure the harsh challenge they now face. Gandhi had called on Indians to resist British colonial forces. In the case of India’s cash crisis, the tribulations were inflicted by […]

Editor’s note: This article is part of an ongoing WPR series on income inequality and poverty reduction in various countries around the world. In 2000, the wealthiest 1 percent of Turks owned 38 percent of Turkey’s total wealth. Today, despite a decade and a half of solid economic growth, the top 1 percent controls around 55 percent of total wealth. In an email interview, Aysen Candas, an associate professor at Bogazici University, discusses income inequality in Turkey. WPR: What is the rate of income inequality in Turkey, what are the latest trends in terms of increasing or lessening inequality, and […]