While some of Japan’s biggest corporations are starting to see hope in the land of the rising sun, workers are losing jobs at an increasing rate. Ultimately, though many nations are being bombarded by media outlets on a crawl out from the recession hole, these symptoms plaguing Japan could lead to potential problems further down [...]
Newly-elected South African President Jacob Zuma, from the offset, knew he could not expect much of a honeymoon, despite the landslide victory of his ruling African National Congress (ANC) party in April’s general election. His campaign pledges had raised expectations too high, unfortunately coinciding with South Africa sinking into its first recession in nearly two [...]
Els De Temmerman has written a captivating piece on allAfrica.com, discussing at length ‘counterfeits’ and their devastating impact on the region’s industrialisation process and the potential for foreign investment. A uniquely intruging article, he later documents how globalisation and trade liberalisation make it possible for counterfeit products to reach “hitherto unknown markets, including East Africa“. [...]
In Japan, many of the most common jobs unsurprisingly go to Japanese citizens first. This isn’t particularly shocking,nor is it particularly shocking that Japan is undergoing the worst recession in decades. However, what is eyebrow-raising is their government’s new initiative to curb unemployment. The Japanese government will pay $3000 USD to ex-pats to leave Japan, [...]
Is it now or never for Zimbabwe? A nation in constant political flux is a nation which I am naturally intrigued to document, and so it is that I have done so almost daily on this blog. In documenting today, I find there is greater potential for corporate investment through greater progression in the Zimbabwean [...]
In 1999, The Quarterly Journal of Economics devoted an entire issue to the subject of behavioral economics. This served as a powerful symbol to political and economic analysts from all over the world, that a need for a shift in focus was dire and sorely missed over the generations prior. The recent pulse on the [...]
It seems odd one longs for a Mexico under the helm of then-President Vicente Fox. Not to hold it against current leader Felipe Calderon, but it’s been a rough year for Mexico. The global economic downturn has reduced demand for Mexico’s oil, limiting the flow of remittances into the country from Mexicans working in the [...]
The nation of Latvia is quietly burning through its foreign reserves in order to stay pegged to the Euro. Once these reserves run out, CFP Contributor David Harris reports, its ‘game over’. Below, David discusses the potential for economic collapse in Latvia, and indeed it being a catalyst for a further fallout within European and [...]
One can’t help but feel optimistic when the newswires state that that the United States will be donating $73 million in aid to Zimbabwe. Perhaps finally, the political chaos that was a precursor to Zimbabwe’s new unity government has settled down, perhaps finally stability has come to a united government, so much so that western [...]
Coke Zero has been a successful venture for Coca Cola around the world– but the drink’s name has turned out to be a prediction of its commercial prospects in Venezuela. In a surprising move that bodes ill for foreign investment in Venezuela, President Hugo Chávez‘s government has banned the sale of the calorie-free soft drink over apparent [...]
