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.
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.
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.
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.