The Mexican congress should debate how to extract the best profit from the diminishing supplies of petroleum and its elevated price before the business ends because it is surrounded by the laws of protection and environmental sustainability. However, while Mexico makes a gamble so that PEMEX and its economy earn competitiveness and sustainability in the short term, the politicians shut themselves in their dogmatisms and watch a different soap opera, states the author.

• Bolivia and the Energy Challenges in Latin America
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• Chile hopes to overcome its ultra-dependence upon energy
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Is the relationship between China and Taiwan changing? The last official economic meeting between the respective authorities removed the hypothesis of the conflict. However, even intensifying the economic changes, the unification has not been considered, and not only because of Taipei’s objections: such a geopolitical change in the zone would question the influence of Washington in the region.

• Taiwan opposite Kosovo
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• Post-Tiananmen China: A Case of Selective Amnesia
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The entire world is searching for the magic prescription to save the Spanish miracle from ending in tears. One recent proposal in these pages could open a fertile debate. However, time flies and even the best plans won’t avert short-term suffering. Proposals can be formed, but the obstacles should not be ignored. Where some see the glass half full, I see it almost empty.

• Spain Must Identify New Growth Waves
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The Argentinean government is in a squeeze: with the intention of brutally increasing soy retentions, their principal export product, they disturb the scaffolding of the spectacular economic growth registered in the last five years. The conflict between the Government of Cristina Fernandez de Kirchner and the field has exploded. Understand why.

The uncertainty generated by the energy politics of the government of Evo Morales has a negative impact on investment, states the author. The current production of hydrocarbons is stagnant and unable to cover, in the case of natural gas, the exportation commitments with Argentina, Brazil, and Chile. In addition, in case of the liquids, the increasing requirements of Bolivia’s own internal market cannot be covered by hydrocarbons. It remains slightly contradictory because in 2002 Bolivia aspired to be the energetic core of the whole region.

• Chile hopes to overcome its ultra-dependence upon energy
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Spain finds itself at a crucial moment in 2008: the era of spectacular growth that began some fifteen years ago is reaching its peak. It is now time to restructure the economy and lay the foundation for the second transition. To do this, Spain should find new ways to grow by analyzing which sectors it should develop, as a function of its strengths as a country, in accordance with international market opportunities. The author says that it is very important to open up sectors that, through clusters, add a lot of gross value, just as successful countries like Israel and Ireland did.

Today Brazil receives an important flow of capital in the form of direct, as well as financial, investments, partly induced by the differential between the American and domestic interest rates. What would happen if the United States were to effectively slip into a recession and the Federal Reserve were to decide to continue lowering the rates? What would the consequences for the local economy be?

• Brazil is looking to accelerate its growth
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• The Globalization of Brazil
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The Philippine education system is marked by high dropout and repetition rates and low overall performance. Under a new definition of functional literacy, the rate could drop to as low as 6 percent. The author contends that the sector is afflicted with a myriad of problems, and although many government programs look promising, he points to governance as being the key.

• Philippine land reform has failed to live up to its promise
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While some proclaim that the Internet has brought knowledge to within everyone’s reach, there are others who believe that technology has amplified the distance between the rich and the poor, between the digitally literate and the citizens without access to the knowledge that the Internet makes available. Be that as it may, the author believes that social networks like Facebook allow for interaction and the spread of knowledge and access to more information, and they constitute a valuable opportunity to bridge the digital gaps.