Reinventing social democracy is a must for Latin America

By Ingo Plöger, President of the Strategic Council of CEAL In the evolution of democratic societies, the balance between conservatives and social democrats has always been a salutary balance sheet of the evolution of open societies. Conservatives want less state and more private initiative, while social democracy seeks the state’s actions and greater social equity. These counterweights have given democracies, on several occasions, the choices for the balance of social and economic. Especially for less developed societies, social democracy has always had a stronger appeal to seek a better balance in income distribution and economic evolution. Social democracy had at times, circumstances of loss of reference, so in the fall of the Berlin wall, it seemed that the referential for many […]

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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]