Dollarisation in Latin America

Since the year 2000, the government of Ecuador has instituted a policy instating the United States dollar as the official currency of Ecuador. El Salvador, likewise, instituted a policy instituting the United States dollar as their official currency in 2001 thereby becoming the third Latin American country to use a foreign money as their official…

Argentina Needs a Psychologist

According to a recent article published at Mercopress.com,  economist Carlos Melconian stated that rather than consulting with Economists to determine a solution to Argentina’s economic riddles, authorities should consult with a psychologist to better understand the workings of the country and its economy. Despite increased consumption and an apparently growing economy, the country is experiencing serious…