Geography Archives: Mexico

Part of the right wing routinely blames undocumented immigrants for just about everything.  On September 24, nine days after the financial meltdown started in earnest, the National Review Web site carried an article by columnist and blogger Michelle Malkin blaming “illegals” for the crisis and the subsequent bailout of the banks.  “The Mother of All […]

Open class struggle is every capitalist ruler’s nightmare.  As long as poor working people suffer in silence, business can continue as usual.  Heads of state can go on pushing the buttons and pulling the levers of power according to plan with little interference from below. There is a point in time, however, when the legions […]

The crisis in the auto industry is about many things: the possible collapse of GM, Detroit gas guzzlers, auto emission standards, the environment, and the need for mass transportation, among others.  But as became clear this last week, at the center of it all is the struggle between management and the workers, that is, between […]

Play now: Doug Henwood: What’s the likelihood that GM, Ford, Chrysler — all running low on cash, they’re talking about having only a couple of months of money left to keep going — they could enter bankruptcy, wipe out a bunch of their debts, and break those contracts?  It could be the effective end of […]

The Honorable Henry Reid Senate Majority Leader Washington, DC 20510 The Honorable Nancy Pelosi Speaker of the House Washington, DC 20515 The Honorable Mitch McConnell Senate Minority Leader Washington, DC 20510 The Honorable John Boehner House Minority Leader Washington, DC 20515 Dear Sen. Reid, Sen. McConnell, Speaker Pelosi, and Rep. Boehner: We, the undersigned economists, […]

The U.S. Congress will vote this week on what to do about the America’s Big Three automakers — Chrysler, Ford, and GM.  GM teeters on the brink of bankruptcy and is screaming for help.  The Bush administration does not want to give more than the$25 billion it has already promised to develop more fuel-efficient cars.  […]

Since the second half of the 1990s, the internal public debt of the world’s developing countries has increased significantly.  This increase is now reaching alarming proportions in a number of middle-income countries.  While some very poor countries have not yet been affected, the historical trend indicates a continuing rise in the debt level for developing […]

Far-reaching strategic debate is underway about how to respond to the global financial crisis, and indeed how the North’s problems can be tied into a broader critique of capitalism. The 2008 world financial meltdown has its roots in the neoliberal export-model (dominant in Africa since the Berg Report and onset of structural adjustment during the […]

Labor unions around the world have reacted to the financial crisis and the economic recession with words and actions reflecting their national experience, their political ideology, and their leaderships. Unions and workers have already seen the financial crisis and the growing recession result in the closing of plants and offices, in shorter workweeks, pay cuts, […]

International Political Economy Conference Responses from the South to the Global Economic Crisis Caracas, Venezuela Final Declaration Academics and researchers from Argentina, Australia, Belgium, Canada, Chile, China, Cuba, Ecuador, France, Mexico, Peru, Philippines, South Korea, Spain, United Kingdom, United States, Uruguay and Venezuela participated in The International Political Economy Conference: Responses from the South to […]

The financial crisis does not skip over Israel.  The country that has been integrating itself in global capitalist markets in the last decades is once again seeing the ugliest side of capitalism, as the stock markets have dropped over a stunning 10 percent since the beginning of the month and the GDP growth forecast for […]

The questions regarding variations in social development, economic progress, and political empowerment have produced a voluminous literature over the past century, and because of the complexity of these issues, much important reflection will continue well into the future.  In the early 1980s, a United Nations’ Commission coined the term “sustainable development” as a public statement […]

The international financial crisis that originated in mortgages and derivatives in the United States has spread to Europe, Asia, and Latin America, and Mexico will be significantly affected by the crisis.  Government, business leaders and analysts say that for Mexico the crisis means: Less foreign direct investment. A decreasing market for its exports. Lower prices […]

Saori Katada* poses a most compelling question: why does Japan continue to denominate so much of its accumulated export earnings in dollars?  Katada frames the question slightly differently, asking why Japan has not moved from being a “supporter” of the dollar-denominated currency regime in East Asia to being a “challenger.”  But it’s essentially the same […]

In the amazing series of elections in South America in the last five years, the most radical results were in Bolivia, with the election of Evo Morales as President.  It is not because Morales stood on the most radical platform.  It was rather that, in this country in which the majority of the population are […]

This paper was presented at the Alexandre de Gusmão Foundation and the International Relations Research Institute’s (IPRI) “Seminar on the United States” hosted by the Itamaraty Palace (Brazilian Foreign Ministry) in Rio de Janeiro, Brazil on September 29, 2008. Introduction The United States appears to be embarking on a transition on two major fronts: its […]

The political conflict over the Bush administration’s plan for a bailout of the banks, brought about both by differences with the Democrats and even more intensely with rightwing Republicans, makes it highly unlikely that Congress will be able to pass a bailout plan that can stabilize the financial situation along the lines that Secretary of […]

On September 10 the U.S. government acknowledged that its Secure Border Initiative (SBI) was behind schedule and over budget.  Promoted in 2005 as a new way to block unauthorized immigration, the $2.7 billion project was supposed to create a 670-mile physical and “virtual” fence by the end of this year along the 2,000-mile border with […]

Justice for our sister Marcella Sali Grace! Brother and sisters, Our hearts are full of sadness and rage because our sister Sali was brutally raped and murdered 20 minutes from San Jose del Pacifico, and up to now the Oaxacan Attorney General’s Office, as is its custom, is not doing anything despite the fact that […]

Faced with the failure of the financial sector and the possible collapse of the economic system, Republicans and Democrats are working together feverishly to come up with a plan and find the funds to save the American financial system.  The Congress that has been unable to provide adequate funding to health, education, housing, public transportation, […]