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06/12/2019
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The real truth about inequality & income gaps

Readers would certainly have been paying attention to economic controversies in the last decade, and you may have noticed the increasing number of discussions about economic inequality. It’s a hot topic and many believe that the alleviation of poverty requires a substantial reduction in inequality.

In order to understand economic inequality, we need to ask a few questions. First, are there good kinds of economic inequality and bad kinds? Second, is it a good idea, as many policymakers and even some economists insist, to reduce inequality by taxing those at the top end more heavily? Third, has poverty been increasing? Fourth has economic inequality been increasing? In order to answer these question with proper objectivity, it is important to do a broad and unbiased research." 

 

 

Let us see what The Economist found about this subject:

Inequality illusions: Why wealth and income gaps are not what they appear

Inequality could be lower than you think, but there is plenty to do to make economies fairer.

Nov. 28.– Even in a world of polarisation, fake news and social media, some beliefs remain universal, and central to today’s politics. None is more influential than the idea that inequality has risen in the rich world. People read about it in newspapers, hear about it from their politicians and feel it in their daily lives. This belief motivates populists, who say selfish metropolitan elites have pulled the ladder of opportunity away from ordinary people. It has given succour to the left, who propose ever more radical ways to redistribute wealth (see article). And it has caused alarm among business people, many of whom now claim to pursue a higher social purpose, lest they be seen to subscribe to a model of capitalism that everyone knows has failed.

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The United Nations and its real power - Looking forward to its 75th Anniversary

The United Nations does not have power by itself as a World organization, but borrow its power from the will of Member States when voting on a resolution or decision. Each one of the Member States has one vote no matter how big or small or how much population it has. Therefore, it functions in similar fashion as a Senate does. However, most of the decisions and resolutions are not mandatory. They are recommendations that may or may not be taken into account, although they carry quite a heavy weight in public opinion. The exception to these basic rules lies with the Security Council. Its resolutions carry mandatory authority and could authorize in certain cases military intervention. Nevertheless, the five biggest powers emerging victorious from the II World War, China, France, Russia, United States and United Kingdom, have veto power and their single negative vote is enough to abort any draft resolution presented to this UN body.


The UN at 75: Time to Give Citizens a Voice

UNITED NATIONS, Nov 14 2019 (IPS).– Next year the United Nations will commemorate its 75th anniversary. The General Assembly determined that all the UN’s activities in 2020 shall be guided by the theme “The future we want, the United Nations we need: reaffirming our collective commitment to multilateralism”.

In January the Secretariat plans1 to launch “the biggest-ever global conversation” on the role of global cooperation and to build a “global vision of 2045.”

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¿Qué son los BRICS y cuál es su peso en el mundo?

Se trata de un bloque que incluye a Brasil, Rusia, India, China y Sudáfrica,
identificado con las iniciales del nombre de estos países (BRICS).
Aunque se trata de sólo cinco países, éstos abarcan el 42% de la población mundial,
el 23% del PIB global y el 30% del territorio del planeta.
El grupo se reunió por primera vez en 2001 y funcionan como un bloque
desde 2009, celebrando reuniones anuales de Jefes de Estado y de Gobierno.
Este año fueron convocados para reunirse en Brasilia
a partir del martes 12 de noviembre hasta el jueves 14.

Los cinco Jefes de Estado y de Gobierno del BRICSLos cinco Jefes de Estado y de Gobierno del BRICS Una cumbre BRICS en medio de tensiones sudamericanas

La pauta del encuentro tratará los temas de ciencia, tecnología e innovación, la economía digital, la salud y la lucha contra la corrupción y el terrorismo.

São Paulo, Nov. 13.– La XI Cumbre de los BRICS, que reúne a los líderes de los principales países emergentes del mundo, comienza hoy miércoles en Brasilia, en medio de una serie de convulsiones políticas en Sudamérica, pero debe pasar de largo por esos temas y concentrarse en su pauta central, cuyo lema es «Crecimiento económico para un futuro innovador», asegura el ministro de Seguridad Institucional (GSI), el general Augusto Heleno, uno de los organizadores y principales asesores del presidente Jair Bolsonaro.

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¿La Crisis del €uro?

La moneda única es un agente unificador que podría apuntar hacia una Europa federada. Además, obliga a los gobiernos de los Estados partes a manejar su presupuesto con discreción para evitar los déficit y el creciente endeudamiento que conduce a la devaluación, la inflación y hasta a la suspensión de pagos en los casos más agudos de derroche presupuestario. Además, hace que el turismo sea más asequible y facilita el libre comercio a nivel continental. El problema principal que enfrenta es la resistencia de las partes a ceder este elemento de su soberanía, sobre todo por tratarse de un elemento fundamental de la economía nacional. 

Los gobiernos nacionales se ven así bastante atados de manos para muchas decisiones económicas.

La crisis del €uro es provocada por la irresponsabilidad de algunos gobiernos que violan las limitaciones que les exige una moneda única. Esto da lugar a que países como Hungría estén insinuando su desmantelación y otros como el Reino Unido hayan rechazado aceptarla. Da pie también a que países como Rusia traten de debilitar ese factor de unidad."

Hungría llama a desmantelar el euro

Budapest actúa como avanzadilla de Putin dentro de la Unión Europea

Berlín, Nov.5. «¿El euro? Hay que reconocerlo: ha sido un error». Así de lapidario se Gyorgy Matolcsy, Presidente del Banco Central de HungríaGyorgy Matolcsy, Presidente del Banco Central de Hungríaha expresado el presidente del Banco Central de Hungría, Gyorgy Matolcsy, en una columna publicada por el rotativo británico «Financial Times». Justificando la salida de Reino Unido y lanzando un severo ataque contra la moneda única, afirma que «ha llegado el momento de buscar una salida a la trampa del €uro», en un gesto público de pleitesía a las pretensiones rusas de influencia sobre su país.

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Free trade with China! Really? May be in the near future ...

 In 2013 China surpassed the United States as the largest trading nation in the world. China became a member of the World Trade Organization (WTO) in 2001. China’s economic success lays bare an uncomfortable historical truth: No matter its membership in WTO, preaching ‘free trade’ doesn't mean that it really practices it. However, today real 'free trade' with China might lie in the horizon under the US and EU persistent pressure. Today, China's main export markets, in order of importance, are the European Union (20.4%), United States (17.7%), Hong Kong (13.4%), and Japan (8.1%).

In China, Macron wants to take Beijing 'at its word' on free trade

"Since this fair is supposed to demonstrate China's openness, well, let's prove it with access to its agrobusiness market and progress on the EU-China deals,"

Shanghai, Nov.3 (Reuters).– French President Emmanuel Macron will seek to make China deliver on promises to grant more access to foreign companies, eyeing agribusiness and finance, advisers said ahead of his arrival in Shanghai for a giant import fair.

Macron, who will attend the fair along with other European officials including incoming EU trade commissioner Phil Hogan, would take China "at its word" that it aims to open itself up to trade, a presidential adviser said ahead of the Nov. 4-6 trip.

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