UCF Global Perspectives

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Global Perspectives Blog

Christian Madonna

India Rises to be World’s Fastest Growing Economy

Christian Madonna, Chastang Fellow, Global Economy

India’s Central Statistics Office released revised estimates of Gross Domestic Product (GDP) which showed that India’s GDP rose 7.5% in 2014 (WSJ). China’s economic growth estimates were recently lowered to 7.4%, its lowest growth rate in over two decades. Updates in the methods used by the Indian Central Statistics Office are a major contributor to […]

Taylor Ashley

Ancient Peruvian Maca Root Believed to be a Target of Biopiracy

Taylor Ashley, Intern, Latin America

Production of Peru’s native maca root skyrocketed from 4,000 hectares in 2014 to an estimated 20,000 hectares this year (Guardian).  Maca was domesticated approximately 2,000 years ago in the Peruvian Andes Mountains at an altitude between 11,000 and 14,500 feet (Peruvian-Maca).  The highly coveted root is recognized for its aphrodisiac and energy-giving properties and has […]

Alanna Fulk

Falling Oil Prices Affect Venezuela and Caribbean Nations

Alanna Fulk, Isle of Man Small Countries Fellow

For many countries, falling oil prices help boost economic growth. However, for Caribbean nations dependent on energy subsidies from Venezuela, the lower oil prices spell disaster (CNBC). Venezuela’s economy is heavily oil-dependent, and the rapid decrease in crude oil prices has made Venezuela’s already troubled economy even more unstable. The fall in oil prices also […]

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