Venezuela’s development challenges today are no different than they were 30 years ago—diversifying the economy. Except that today, it’s going to take more to climb out of the well dug by 17 years of chavista economics.
Climbing out of the commodities trap and building inclusive economies will require establishing a substantive, coordinated regional policy on integration, investment, immigration, and policy reform.
In both political and military battles there are casualties. During this election season, one of the most notable casualties is free trade.
Against grim economic news in Latin America, Central America is expected to grow by 4.3 percent this year. But that won’t be enough. Here’s how the region can grow further, leveraging its creative industries.
As it hosts the G-20 in September, China is poised to match words and action on sustainable development.
La política exterior del gobierno de Mauricio Macri en Argentina se inserta en un contexto regional marcado por el colapso de los procesos de integración que afecta gravemente al Mercosur. El problema es que la Unión Europea –durante años un modelo a seguir– enfrenta una crisis existencial.
This election has become the season of beating up on free trade. While the insecurity and anger that the argument has tapped into is real, reversing free trade will only strengthen the elite. It’s up to the people to bring it back and make it work for everyone.
Distracted by the elections and with a lame duck president, there’s a risk that at November’s Asia-Pacific Economic Cooperation (APEC) Summit, China will press its own agenda—one less in line with U.S. interests.
Brazil, Russia, India, and China (the BRICs) were first grouped together in 2001 as the countries most likely to produce rapid economic growth (South Africa joined in 2010). Today another phenomenon binds the BRICS together: corruption scandals that have hit state-funded infrastructure companies and the projects they’ve overseen.
Whatever happens with the Brexit, it’s still worth considering some of its effects on the Western Hemisphere beyond the generalities. Among them: EU market access for Caribbean Commonwealth countries, trade deals for disaffected Mercosur members, and the Falklands/Malvinas.