Global flows have been a common thread in economic growth for centuries, since the days of the Silk Road, through the mercantilist and colonial periods and the Industrial Revolution. But today, the movement of goods, services, finance, and people has reached unimagined levels. Global flows are creating new degrees of connectedness among economies—and playing an ever-larger […]

Governmental policy to stimulate business and economic growth is crucial to any country, including Aruba. Whether such policy is effective, depends on how this is measured. According to the International Monetary Fund (IMF), Aruba is not doing very well economically; at least not as far as its real GDP is concerned. The problem is not […]

Recently, it became clear that – after its shutdown in 2012 – the Valero refinery in San Nicolas would be demolished, and the premises turned over to the Aruba government. Currently, negotiations are going on about the terms and conditions of this —-. This also opens up a renewed discussion about the future of the […]