Economy and Development

Understanding Chile: A Complex Road to Stability

February 18, 2019

Today’s headlines surrounding Latin America illustrate a continent full of raging protests in Nicaragua, political oppression in Venezuela, and economic crisis’s in countries like Brazil and Argentina. Yet, there lies one country with significant stability compared to its Latin American brethren. Chile, although it encompasses a similar history to its neighbors, including economic instability, socialism, and military dictatorships—persists as a Latin American success story.

The Message of the Petro: Venezuela’s Crypto-currency Effort

November 15, 2018

Venezuela’s years long economic crisis has not slowed down, as the International Monetary Fund projects a 1,000,000% inflation rate by the end of 2018 (Ellsworth). The staggering statistics of Venezuela’s crisis, including both economic and humanitarian disasters, are recorded as one of the worst hyperinflation cases in modern history. Venezuelan President Nicolas Maduro has clung to power under wavering support for his last-ditch effort policies and socialist principles.

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