Latin America's Export Windfall
Latin America is experiencing an exceptional boom, owing to soaring income from exports of natural resources. But is the region making the most of this opportunity to use the funds effectively?
Former Economic Minister of Argentina, Jose Luis Machinea charts a course for spending Latin America's revenue windfall responsibly: "With the exception of Central America, rising commodity prices have improved the external accounts and fiscal positions of Latin American countries. Revenue from natural-resource exports represented 25% of total income in the public sector in 2008. In Venezuela, Bolivia, Ecuador, and Mexico, it exceeded 40%. This comes to around 7% of GDP in these countries (more than 11% in Venezuela and Bolivia, and 8% in Ecuador and Mexico)..."
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
The results come from a 15-year study that used ultrasound scans to track blood vessels in middle-aged adults starting in 2002.
- The study measured the stiffness of blood vessels in middle-aged patients over time.
- Stiff blood vessels can lead to the destruction of delicate blood vessels in the brain, which can contribute to cognitive decline.
- The scans could someday become a widely used tool to identify people at high risk of developing dementia and Alzheimer's.
What defines a dark horse? The all-important decision to pursue fulfillment and excellence.
When we first set the Dark Horse Project in motion, fulfillment was the last thing on our minds. We were hoping to uncover specific and possibly idiosyncratic study methods, learning techniques, and rehearsal regimes that dark horses used to attain excellence. Our training made us resistant to ambiguous variables that were difficult to quantify, and personal fulfillment seemed downright foggy. But our training also taught us never to ignore the evidence, no matter how much it violated our expectations.
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