US roads: the hidden cost due to increased gas taxes

The continuing scarcity of cheap energy in the world, due mainly to an unexpected strong economic growth now going for almost 10 years, has not only ignited the search for new and more reliable sources, but also put again into the fore increasing gasoline taxes,...

Chile, in search of lost growth

Looking at China and India growing at 10 per cent in annual rates in their quest for a developed status is certainly goods news, for their combined 2.500 million inhabitants and the rest of the world. Their per capita incomes, less than US$ 2.000, compared to US...

Iran – Russia energy axis?

The world will soon complete almost a decade with unprecedented growth relatively well distributed across it. But this process has been associated with an impressive wealth transfer from energy lacking areas to those that have a surplus. It so happens that an energy...

A dollar economy from Alaska to Tierra del Fuego

Increasing world economic integration is a fact, as measured in goods trade and physical and human capital movements. But it tends to be deeper in surrounding countries – as it would equivalently happen at cities or neighborhoods levels -, basically because of...