Global Economy, Economic Environment, Recession, Money & Finance, Currency
The EU summit held in late June produced two breakthroughs. First, the European Financial Stability Facility (EFSF) and its successor, the European Stability Mechanism (ESM), are to directly fund shaky banks. Second, requirements were relaxed for EFSF/ESM to engage in bond purchases of troubled sovereigns. These steps are significant in that they address immediate needs (a liquidity provision, support for banks) as opposed to long-term solutions (fiscal adjustment, institutional change).
With this morning’s release of the labor market report for June, the analytical spotlight shifts somewhat from structural labor market challenges, partially manifested in widely different employment prospects among age and educational
Two major Latin America countries—Brazil and Argentina—are both suffering the consequences of diminishing competitiveness in the industrial sector and lower demand for exports in general, according to a new report.
Global Economy, Competitiveness, Government Policy
On July 1, 2012, Mexicans will elect a new president after two consecutive six-year terms under the ruling of the National Action Party (PAN), first with Vicente Fox and now Felipe Calderón. The latest polls show the candidate for the Institutional Revolutionary Party (PRI), Enrique Peña Nieto, leading by more than 10 points, followed by Andrés Manuel López Obrador (AMLO) from the Party of the Democratic Revolution (PRD) and Josefina Vázquez Mota from the PAN. Before the PAN took power in 2000, the PRI ruled Mexico for 71 straight years.
MAPI recently hosteda webinar where renowned product management expert Greg DiCillo of Life Cycle Strategies helped members identify gaps in their product management organization, and suggested practical steps that executives can take to