Latin America: No More Pennies From Heaven

The economies of Latin America (LatAm) have fallen on hard times. After almost a decade of positive growth, the favorable external conditions are disappearing and prospects for growth seem grim. The IMF projection for 2015 is just 0.9%, the lowest growth rate since 2002, with the exception of 2009, the year of the Great Recession.…

Views on Pope Francis' Encyclical Laudato Si

Pope Francis' Encliclycal Laudato Si has had a world impact that extends to the global business community. Professors Domènec Melé (Business Ethics) and Mike Rosenberg (Strategy) share their personal opinions about the Pope's vision.

Crisis in Greece: Updated Summary

Greece is still in the news. Not surprising, since the European Union (EU) has never had such a huge problem as this with a member country. I've written a lot on the subject already and don't want to belabor the point. But I'll try to summarize here (data from Eurostat in billions of euros). Background.…
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The African Economic Community

A few weeks ago I had to travel to Switzerland. As I was preparing for the trip, I wondered whether I needed my passport or if my Spanish ID would suffice. Switzerland doesn’t belong to the European Union but I wasn’t sure about this type of administrative arrangement between it and the EU member countries.…
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