"Today, just as it was some 500 years ago when it was under the control of Afonso de Albuquerque and the Portuguese, Hormuz remains a key hub in the global trade system."

In an opinion piece published in O Jornal Económico, João Moreira de Campos, a professor at Católica Porto Business School, emphasises the importance of historical perspective in economic analysis: "Understanding history makes it possible, therefore, the understanding and anticipation of such repercussions, and is essential for economists’ retrospective and prospective analyses and for the decision-making of business managers.”

Read the full article here (available in Portuguese).