Chris' Regional Geography
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National Geographic Traveler

National Geographic Traveler | Chris' Regional Geography | Scoop.it
chris tobin's insight:

This is a very good article from National Geographic.  I feel the tourist guides exploit the poor in the slums as a way to make money.  Tourists 'gawk' at the people in the slums, talk with them and tour the area.  Do the people in the slums benefit from this in any way?  Tourists gain knowledge of the slums and the people share stories with them, but do the people actually benefit by this or gain anything other than letting the tourists know how they really live?

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IMF hits Argentina with first-ever censure of a country

IMF hits Argentina with first-ever censure of a country | Chris' Regional Geography | Scoop.it
The International Monetary Fund has censured Argentina for failing to supply accurate economic data, the first time the global crisis lender has taken such an action against a member.

Via Seth Dixon
chris tobin's insight:

Perhaps Argentina's under-reported inflation percents is due to the fact that its sovereign debt is indexed to inflation and has deep international debt but the IMF will assist Argentina with data collection (since 2006 their debt was paid with the IMF)

 

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chris tobin's comment, February 21, 2013 1:22 PM
The debt was paid with the IMF in 2006 but now the IMF will assist Argentina with data collection-their sovereign debt is indexed to inflation, and wonder what their international debt is
Mark Hathaway's curator insight, October 1, 2015 8:25 AM

For the first time in history, the IMF has censured a member state. This is a low point for Argentina. The censure was levied due to the nations failure to provide the organization with accurate economic data. The fault is entirely on the country of Argentina in this debacle. You can not lie about how your country is performing economically. Hopefully the nation will be more forthcoming with its economic statistics in the future.