The mistakes of the last Brazilian governments, including the governments of the Labour Party, result primarily from fears of capital markets and a global system that gives these markets immense power over governments.
In Brazil, after the recession of recent years and the transition to a new conservative government (under President Temer, …
In order to understand why a country like Brazil elects a man like Jair Bolsonaro as president, you have to look closely at economic development. The masses of citizens don’t suddenly come up with the idea of making such a figure president, …
A lack of jobs and insufficient industrialisation are hampering the development of many African countries. Now another threat is seems to be emerging: the automation of production. However, it will take quite a lot of time before robots become cheaper than workers in Africa. …
I presented a detailed analysis of Turkey’s economic problems some time ago (here in German). The situation is now deteriorating dramatically because the Turkish lira continues to be under enormous pressure and has lost more than a third of its value against Western currencies since the beginning of the year. …
