China’s interest in the region has cooled — and that trend will continue, writes a leading expert on Sino-Latin America ties.
When Raúl Castro steps down as Cuba’s president in February 2018, he will hand off to his successor the unfinished task of reforming the economy. It is Cuba’s most urgent need and, at the same time, an increasingly controversial one. Castro succeeded his brother Fidel as president in 2008 amid serious structural economic problems on … Read more
While tweets and speeches may continue to cause consternation in Mexico and Canada, the existential threat to NAFTA seems to have passed. President Donald Trump is now talking about giving “renegotiation a good, strong shot” rather than rescinding the free trade agreement entirely. On the docket will be intellectual property, labor rights, e-commerce, rules of … Read more
It’s fair that Mexican officials would fret over U.S. President Donald Trump’s threats to walk away from the North American Free Trade Agreement (NAFTA) – 80 percent of Mexican goods are currently exported to the U.S., and any change to the 23-year-old deal will surely be economically and politically disruptive. But other potential changes in … Read more
Nearly four years after Argentina became the first country to be censured by the International Monetary Fund (IMF) for providing inaccurate data on inflation and economic growth, the international body on Nov. 9 restored the country to good standing. The move provided a win for the government’s reform agenda and offered a positive sign for hesitant … Read more
Corrections appended below Updated 8/17/2016 New leadership atop Brazil’s massive national development bank is unwinding a decade of rampant lending that fed large conglomerates and strained the country’s finances. Over the past half-century, Brazil’s Banco Nacional de Desenvolvimento Economico e Social (BNDES) built huge power plants and highways through the industrial southeast, aided social programs in the … Read more
This article was updated on May 4. Latin America and the Caribbean are on course for back-to-back years of recession for the first time in 35 years, but the pain isn’t being spread equally. With some of the highest jobless rates of any age group in the region, young Latin Americans have proven particularly vulnerable to … Read more
Last year was a good one for global airlines. Thanks to falling fuel prices and an increased demand for air travel, the industry earned an estimated $33 billion in 2015. Carriers around the globe earned near-record profits. Not so in Argentina, where according to official figures state-run Aerolíneas Argentinas operated at a loss of nearly … Read more