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Emerging Markets: Recipe for a Sustainable Growth

After a bullish performance for more than the last decade, the emerging markets are again slowing down due to external pressures exerted by the global markets. Their aggressive growth was fueled by strong commodity prices, thanks to double digit growth of China compounded by easy and cheap capital partly due to low interest rates in…

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A Semester at Sea

Semester at Sea students during Emarkation Day on the MV Explorer cruise ship. Photo courtesy of Semester at Sea

Introduction.  I am currently enjoying a Visiting Professor appointment with the University of Virginia, teaching three courses with that university’s Semester at Sea program.  The Institute for Shipboard Education owns a cruise ship and contracts with UVA to provide curriculum and faculty for this study abroad experience. The MV Explorer has been converted it into…

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Dealing with the Economic Crisis

Financial Crisis

The ongoing global economic crisis, if not addressed promptly, has the potential to further destabilize the existing world political and social order.  As History shows, continued public discontent during economic and financial crises often provides a fertile ground for both revolutions and extremist movements. The recent Arab revolts owe as much to the current economic…

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