https://padlet.com/garcia_vanessa2011/cpvcfpdzttft Part 2 en-us 2016-12-08 21:40:08 UTC 2025-12-27 14:16:43 UTC hello@padlet.com garcia_vanessa2011 https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142692415 This article describes how with a slowly opening economy, warming relations with the U.S. and with a higher volume of tourism (3.5 million people), Cuba is seeing a swelling demand for food. Goods that originally Cuban’s had access to, are now going to tourists and the hundreds of private restaurants, causing an increase in food prices and bare shelves. 
This relates heavily to “proper nationhood” as discussed in lecture. Economic efficiency is not occurring if natives see a growth of inequality. Peaceful cooperation can’t happen. Democracy is absent if Communism is present, and human rights are being violated. 
(similar story of "Life and Debt")

]]> 2016-12-08 21:46:06 UTC https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142692415 garcia_vanessa2011 https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142697886 This article critiques and explains some ways that President-elect Donald Trump hopes to restore more rapid economic growth here in the U.S. The major theme is concerned with “trade deficit” this topic stood out to me because we learned in class that America imports exceed exports by $500 billion a year, this fact was reiterated in this article. Therefore, if better (revised) policies were put into place this may help eliminate this “trade deficit drag” and in turn gross GDP would be higher and more people would be employed. Another theme however, is that on a macroeconomic level it’s not that simple. ]]> 2016-12-08 22:31:02 UTC https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142697886 garcia_vanessa2011 https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142724885 In Portland Oregon, companies will be required (in 2017) to pay an extra 10% in taxes if their chief executives receive compensations more than 100 times the median pay of their employees, companies exceeding 250 times will see a 25% surcharge. (I love this) This new tax will generate a $2.5-$3.5 million a year. Unsurprisingly the people opposed are the local companies who will be affected, they believe that this will not reduce income inequality. (as if making 100 or 250 more than someone is close to equal) After reading this I questioned if then these opposing companies would attempt to go transnational and involve themselves in market seeking to incorporate outsourcing and avoid this tax.]]> 2016-12-09 06:20:05 UTC https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142724885 garcia_vanessa2011 https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142726739 After the presidential election there was an increase in the value of the U.S dollar against worlds currencies. Emerging market countries and corporations that have been indulging on cheap dollar debt will face an increase in interest rates. Examples of value difference we saw a 10% against Mexican Peso and an 8% against the Japanese Yen. As a Western Union agent I send remittances for people and this information is crucial for customers sending to Mexico (specifically) they ask me how the dollar compares to pesos. The higher the exchange rate the more they want to send. ]]> 2016-12-09 07:01:58 UTC https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142726739 garcia_vanessa2011 https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142731668 Egypt is currently being affected by an economic crisis. The IMF approved a loan of $12 million (to be paid over the course of 3 years). Egypt will need to go through significant economic changes and painful measures will need to be taken. However the intentions of the loan is to increase confidence in the government and attract foreign investment. This is an example of nation branding but intending to attract investors not necessarily tourists. The IMF did not just loan them money, they set fourth conditions that Egypt needs to abide by which sounds like CDOs (Collateralized Debt Obligation.)]]> 2016-12-09 07:49:28 UTC https://padlet.com/garcia_vanessa2011/cpvcfpdzttft/wish/142731668