Tuna Fishing in Mozambique – A Cautionary Tale
An interesting case study of the dangers of overseas
borrowing by poor countries
Despite fresh reforms, Mexico’s economic performance
disappoints
“Mexico has been
held up as one of the economic bright spots among emerging market economies, as
Peña Nieto’s government has pushed through constitutional reforms aimed at
making major industries such as oil and telecommunications more competitive.
But in recent months, Mexican newspapers have kept running banner headlines of
economic gloom: The value of the peso has plummeted to record lows against the
dollar, growth rates have shrunk to dwarfish size and the only things that seem
to be getting bigger are the poverty rate and the gap between rich and poor.”
Corruption and the Political Economy of Development
A very costly scandal indeed – Effects of Petrobras
Scandal Leave Brazilians Lamenting a Lost Dream (NYTIMES article)
A monster scandal in Malaysia has major implications
[Goldman Sachs and a Gigantic Malaysian Financial Scandal]
http://www.bloomberg.com/news/articles/2015-07-21/malaysia-s-najib-razak-feels-heat-as-state-owned-1mdb-melts-down