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Tag - Economy


GREECE: Resuming growth

Coverage about Greece in the international media has been vast in recent years. The fiscal crisis and the austerity program implemented under the aegis of the so-called troika of the EC, ECB and IMF, which managed Greece’s €240bn bailout, has been the subject of intellectual debate worldwide. Nothing will make us forget the suffering of …


BELIZE: A Natural Niche

After registering strong growth of 5.3% in 2012, Belize’s economy slowed to 1.4% on a decline in oil production and problems with citrus output and power production, partly owing to last year’s drought. Modest growth is expected to resume this year with forecasts of 2.4% per year to 2015. Belize’s small economy (at $1.6 billion, ...

SPAIN: A reinvented partner

This year marks the 40th anniversary of bilateral relations for Spain and China. Relations between the two countries have been characterized by extensive and successful diplomatic and economic cooperation. China refers to Spain as its “closest European ally” and relies upon its help to establish political and commercial links with the EU. Spain views China …


KENYA: A New horizon

As the economic engine of East Africa, Kenya continues to offer a great deal of opportunity to Chinese investors, just as the Kenyan economy also stands to benefit from new Chinese FDI; In July, the World Bank stated that the Kenyan economy was still operating below potential, and that, “Foreign Direct Investment is key to …


How INDONESIA plans to climb the value ladder

Content no longer to be a commodity-based economy, and gearing up to face new economic scenarios in the near future, both regionally and globally, Indonesia has launched an economic plan that targets new value-added productivity within the next three years. Six economic corridors have been mapped out in the country that will together create a …