The recent launch of a customs union between Guatemala and Honduras marks a paradigm shift in region-building in the Americas. It may offer key lessons to other Latin American countries seeking to leverage their existing interdependence.
Yes, there’s the economic illogic of the surplus/deficit evaluation of trade in the Trump administration’s NAFTA objectives. But there’s also a lot of positive language that outweighs it.
The potential U.S. leadership vacuum in economic and diplomatic matters may be filled by one-time Trans-Pacific Partnership members, like South Korea. Will it be enough?
Ante un Estados Unidos cada vez mas retraído de América Latina, el liderazgo de China en el plano comercial es incuestionable. Pero ¿será suficiente para penetrar la arena política? Alemania tiene un as bajo la manga que ya empezó a hacerlo jugar.
Providing a fixed, unconditional income to the poor seems a radical idea. But it’s gaining traction. Could it work in Central America?
Latin Americans’ embrace of technology has opened up new markets for e-commerce and a host of risks for traditional politicians—good for investors, a bumpy ride for politics as usual.
Businesses and investors in Latin America and the Caribbean are struggling to find qualified workers to fill jobs. It’s up to the private sector to step up to provide the skills-based training and apprenticeships needed.
Latin American financial ministers and central bankers will have a lot at stake and a lot to worry about at the upcoming spring meetings of the IMF and World Bank in Washington.
If Central America wants to get out of the middle-income trap it would do well to follow Uruguay’s lead and develop a focused, comprehensive industrial policy that builds on the region’s trade advantages.
A lot has been written about the risks of the proposed Border Adjustment Tax to U.S. consumers, on the U.S. budget, and on the appreciation of the dollar. The worse consequence would be on U.S.-Mexico production chains.