In 2011, Venezuelan President Hugo Chavez organized the Community of Latin American and Caribbean States (CELAC) in 2011 specifically to serve as a regional body that excludes the U.S. and Canada—one that might someday supplant the Organization of American States (OAS). News that the next Latin leader to assume CELAC’s …
Masters of the world’s economies are converging on the small resort town of Davos, Switzerland, this week for the annual World Economic Forum (WEF). These “Davos M[e]n” include the world’s top business leaders, central bankers, and politicians. Aside from all the glad-handing, participants of the WEF will discuss some of …
Policy Analyst and contributor to The Heritage Foundation’s annual Index of Economic Freedom Bryan Riley discusses what the Index of Economic Freedom is, how the United States stacks up, and what this means for our economy on Heritage in Focus. Jackie Anderson hosts. Download the MP3 file. To get regular …
As President Obama crafts his 2013 trade agenda, he should look to the words of Ronald Reagan for inspiration: Free trade serves the cause of economic progress, and it serves the cause of world peace. When governments get too involved in trade, economic costs increase and political disputes multiply. Peace …
Chile continues to lead Latin America in 2013 in both economic growth and economic freedom. These positive outcomes reflect well on the solid policy choices being implemented by the Chilean government of President Sebastián Piñera. Making it onto the 2013 Index of Economic Freedom’s list of top 10 freest countries …
India’s consumers might have been jealous of King Midas’s touch. The country’s historical affinity for gold has reached new extremes thanks to a weak economy, a falling rupee, and poor financial alternatives. In the past year, India’s economy has been beleaguered by poor performance. Corruption, a lack of competitiveness, and …
French President Francois Hollande and his marketing gurus are on the offensive with their “Say Oui to France” campaign, meant to convince investors that the French economy is worthy of their money. Among the selling points: France’s large population; thriving nuclear, aerospace, and chemical sectors; and good location. According to …
According to the 2013 Index of Economic Freedom, just released by The Heritage Foundation and The Wall Street Journal, a significant realignment of European countries is underway. Eight countries recorded their highest economic freedom scores ever in the 2013 Index, while five others have scores equal to or below their …
The latest trade deficit figures are out, and like always, most reporters fail to accurately explain what these numbers mean. During the past 10 years, there has been a clear relationship between trade deficits and U.S. economic growth. Most news coverage got the relationship backwards. Consider the following reports: “The …
