In an environment of slower growth and reduced fiscal space, implementing effective social policies will be a major challenge for countries in Latin America. How can governments redesign social protection systems?
The pendulum of Latin American politics is swinging rightward once again. Yet as the “pink tide” recedes, the forces of change have more to do with socioeconomics than ideology. Dramatic economic and political crises have coincided in countries like Brazil and Venezuela. Still, the final result for Latin America may be the emergence of centrist, pragmatic modes of governance, and with them, opportunities for the U.S. to improve relations. The new administration must look beyond the neoliberal model of the 1990s, and develop an approach to relations fit for the 21st century.
