Suchergebnisse

Colombia is a country of paradoxes. Because of the high culture of its ruling classes, Bogotá is called the "Athens of Latin America," yet over one-third of the population is illiterate. The country is unusually well-endowed with natural resources, has a relatively large land area and a population of 15.6 million, but the per capita income is only the eighth highest in Latin America. Colombia is relatively underpopulated, with the same population as the Netherlands and 35 times its area, but there are millions of landless campesinos. Living in Bogotá, and walking the paths of the wealthy, it is difficult for a foreigner (and also for many Bogotanians) to believe that most Colombians are desperately poor. This is because Bogotá and the other main cities are like islands in a sea of poverty.

How should a principled nation which believes in the benefits of mutually beneficial trade respond to the predations of mercantilist trading partners and imbalanced trade? Many argue that the response should be to do little or nothing. Balanced Trade argues that achieving the full benefits of international trade requires an effective response. Although trade deficits provide short-term gains in consumption, these are combined with long-term losses in consumption, innovation, investment, employment and power. Furthermore, market mechanisms do not correct trade imbalances that result from mercantilism, nor do they compensate for the long term shift in production and consumption towards the mercantilist. Balancing trade can make important short run and long run contributions to economic stability and prosperity… [From Amazon.com] ; https://digitalcommons.odu.edu/politicalscience_geography_books/1033/thumbnail.jpg