Dutch Disease: How Remittances (and Our Mistakes) Killed the Export Miracle Since 2013

Artículo Ramiro Bolaños

“Dutch disease,” a term coined by The Economist in 1977, is not an academic curiosity; it is a mechanism that ultimately affects the model of country we have built — consciously or unconsciously. It describes how a massive inflow of foreign currency can weaken local industry and make the currency more expensive by shifting resources […]

The Five-Engine Model for a Guatemala of Wealth per Capita

El modelo de los cinco motores para una Guatemala de riqueza por persona

I do not believe in privileges or special conditions for specific sectors, but I do believe in country models that allow nations to compete among the global elite. Guatemala is one of the few countries on the planet that could activate the five engines shared by the world’s most productive economies: high-value industry, strategic logistics, […]

The Mirage of Second Place: Size Is Not Prosperity

El espejismo del segundo lugar: tamaño no es prosperidad

In 1960, Guatemala ranked as the 11th economy in wealth per person within the Central American and Caribbean bloc. By 2024, it had fallen to 27th out of 30. However, during the first weeks of February, several government-aligned media outlets — beginning with Diario de Centro América — celebrated the IMF projection according to which […]

Dare: Guatemala’s Leap of Faith

Artículo Ramiro Bolaños

“No es porque las cosas sean difíciles que no nos atrevemos; es porque no nos atrevemos que son difíciles.” – Seneca, Moral Epistles. In The Sickness Unto Death (1849), Søren Kierkegaard argues that heroism is daring: throwing oneself into the unknown knowing that we may lose everything, but understanding that this is the only authentic […]

Chapín: An Identity Built by Many Peoples

Artículo Ramiro Bolaños

Guatemalan Identity and the Meaning of Being Chapín In Guatemala we have a national nickname: chapín. We pronounce it with pride, yet almost nobody asks where that word really comes from or what it means. The Dictionary of the Royal Spanish Academy defines mote as the nickname given to a person because of some quality […]

The Arévalo Model vs. the Milei Model: Mortgaging Today or Building Tomorrow

Comparación entre el modelo económico de Arévalo y Milei

Argentina and Guatemala are currently growing at similar rates. Both countries are moving at around 4%, a figure that, at first glance, suggests stability. But that coincidence is misleading. Growth, by itself, says nothing about the quality of an economy or its future. What matters is not how much growth there is, but where that […]

The Guatemala Interoceanic Corridor: The Race to Secure the Geopolitics of Redundancy

Mapa del corredor interoceánico de Guatemala y rutas comerciales globales

Today’s global logistics crisis did not begin with the war involving the United States, Israel, and Iran. It is the result of accumulated pressures over nearly two decades. As early as 2008, the system was already facing accelerated demand from emerging economies such as China and India, geopolitical tensions in key producers like Iran and […]