The choice of Donald Trump as the 45th President of the United States is another clear example of how the deterioration of liberal democracies enlightens the way for the emergence of authoritarian leaders.
(Both the article by Kevin Casas on Nacion.com as well as this editorial prologue on CentralAmericaData.com were written one day before the presidential election in the United States, when the prognosis was that Hillary Clinton had a more than 80% chance of win the election.)
Profiteering is defined as the conduct of individuals, social groups, professionals or entrepreneurs who achieve income above the value of the goods or services that are eventually produced.
An opinion article in Nacion.com accurately reviews the degradation of Costa Rica's political and economic work, and says"clientelism, corporatism, nepotism, cronyism, influence peddling, conflict of interest, crony capitalism"are the current characteristics of Costa Rican society.
The more financially educated people are, more rational their economic and political decisions are, creating greater economic development and better quality of life in society.
This fact is clearly indicated by the results of a comprehensive study by McGraw Hill Financial on financial literacy, which is defined as the ability to understand how the money in the world works, what to do to earn it, and how it is administered.
"The country has entered a new and more dangerous phase, a clear erosion of some of the most precious historical advantages of human development."
Synopsis of the Seventeenth Report of the Nation on Sustainable Human Development:
When examined closely, 2010, a year without dramatic events, seemingly calm, reveals the seriousness of the problems experienced by human development in Costa Rica. At first glance it was a year marked by economic, social and political normality: the economy grew moderately, albeit with significant deficits, there was no large-scale social conflicts, increased social investment and also citizens elected a national government and local authorities in two free and fair elections, without incidents or concerns about the results. Even with a deteriorating public security situation, strongly influenced by the regional geopolitics of drugs, the country remains the safest in Central America and attracts a considerable flow of foreign direct investment. Furthermore, it overcame the economic crisis of 2008-2009 without serious setbacks.
An international symposium in the Dominican Republic highlighted "the risk of using democratic powers to execute "coups d'état".
International analysts and prominent politicians and government officials from Latin America, debated on new problems faced by democracies: "abuse of the time staying in power, and situation of the minorities".
This discussion took place in the International Forum "XXX Years of Democracy: Democracy, Growth with Social Equality and Cohesion in Latin America".
Costa Rica is second in Latin America with an index of 27. Panama is at 43, El Salvador 67, Honduras 74, Nicaragua 78, Guatemala 79.
The results of the Economist Intelligence Unit's Democracy Index 2008 confirm that, following a decades-long global trend in democratisation, the spread of democracy has come to a halt. Comparing the results for 2008 with those from the first edition of the index, which covered 2006, shows that the dominant pattern in the past two years has been stagnation. Although there is no recent trend of outright regression, there are few instances of significant improvement. However, the global financial crisis, resulting in a sharp and possibly protracted recession, could threaten democracy in some parts of the world.
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PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
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