Senior Cuban officials told that the government is eager to receive foreign investment, and has taken measures to make Cuba an attractive investment destination. The meeting was a historic one for the country, which has recently initiated diplomatic relations with the US after half a century.
While the evolving global context is more challenging, Latin America is poised to take advantage of continuing opportunities for growth.
With Latin American and Caribbean countries facing a more competitive and volatile global economy, implementing necessary reforms will build their resilience and allow them to achieve the next level of development, the leaders of Mexico, Panama and Haiti told over 750 business, government and civil society leaders in the opening session of the 10th World Economic Forum on Latin America.
The Pacific Alliance is not even three years old but has already made remarkable progress towards integrating the economies of Chile, Colombia, Mexico and Peru, and opening them to the world.
The speed and determination with which South Korea rose from war-torn poverty to innovative leadership amazed the world. Sungchul Chung examines the lessons to be learned by others seeking to emulate its success.
The rise of travel and tourism has shown significant resilience globally. Despite slow economic growth in advanced economies and geopolitical tensions in some regions, the T&T sector still accounts for a large part of the global economy (estimated to be approximately 9% of global GDP or US$ 7 trillion) and employment, while the number of international travellers continues to increase.
China’s $40-billion Silk Road Fund for investment, part of the nation’s commitment to the Belt and Road initiative, announced its first project on April 20 during President Xi Jinping’s visit to Islamabad.
This might be a tricky question to ask nowadays, but there are theories that help us understand better the role of emerging powers in the world today. Although are there only relatively simplistic definitions, it is understood that an emerging power is a country whose conquest of space in the international arena occurs gradually, through economic and political means.