While the nature of the trade relationship between Latin America and India is similar to the Sino-Latin America relationship in its reliance on raw materials, hype over India as a potential alternative to China for the region is largely unfounded.
With responsible policy management, Latin American governments can use industrial clusters to shift from over-reliance on commodity production to more value-added sectors.
Challenges remain, especially in the United States and Brazil, but massive new national parks in Chile and Peru are the latest good news for conservationists in the hemisphere.
The Andean country, a proponent of free trade but often a reluctant diplomatic leader, has taken a surprising outsized role in furthering economic integration between Latin America and the Asia Pacific region.
Though Sebastián Piñera is still the favorite heading into the December run-off elections, he suffered a real setback over the weekend.
With former president Sebastián Piñera seemingly cruising to victory, Chile appears set to have been ruled by two people for 16 of the 32 years since its transition to democracy.
La derecha no debiera celebrar la poca competencia que las encuestas registran en la campaña presidencial, porque la democracia se fortalece cuando hay una cerrada pugna entre, al menos, dos candidatos.
Aunque la renuncia del ministro de Hacienda hace patente la crisis en el gobierno, nadie puede decir que esto sea sorpresivo o evitable. Como bien lo dijo Bachelet, en lo que se convertirá en el principal lema de su administración, cada día puede ser peor.
Disagreement over a mining project forced Bachelet’s economic advisers to resign from their posts, marking the president’s second break with a Secretary of Finance during her 4-year tenure.
Piñera in pole position, larger turnout than expected
