Business elites have been willfully complicit in the pan-ideological rise of strongmen in Nicaragua, Honduras and Guatemala.
The Nicaraguan economy grew at the fourth fastest rate in Latin America in 2017, but the lack of democracy and shared prosperity led to the violent crisis unfolding in the country.
If Central America is serious about the importance of regional integration as a tool for development, it must redesign its institutions
La formación y el desarrollo de agrupaciones industriales pueden impulsar las inversiones y la innovación en los países de la región, haciendo más competitivas a las economías latinoamericanas.
With responsible policy management, Latin American governments can use industrial clusters to shift from over-reliance on commodity production to more value-added sectors.
If Latin America and the Caribbean is to catch up to its peers in Europe and Asia, now is the time for governments to embrace responsible industrial policy.
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.
Providing a fixed, unconditional income to the poor seems a radical idea. But it’s gaining traction. Could it work in Central America?
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.