The success of China’s regional outreach in Latin America will depend, as it has for a number of years, on Beijing’s relative influence in regional institutions and on the capacity and effectiveness of the institutions themselves.
Margaret Myers
Articles & Op-Eds ˙
˙ Carnegie-Tsinghua Center for Global Policy
On April 9, the Inter-American Dialogue hosted What Role for China in LAC’s Covid-19 Recovery?, a conference call with Joyce Chang, Dialogue member and managing director and chair of Global Research at JP Morgan, and Oliver Stuenkel, associate professor of international relations at the Getulio Vargas Foundation (FGV) in São Paulo.
This analysis offers a glimpse of the potential impact of the Coronavirus Disease 2019 (COVID-19) pandemic on US immigrants and family remittances. Past events involving worldwide crises can offer insight as to how this pandemic will likely affect remittance transfers. Considering migrants’ financial and health vulnerabilities as well as the forecast recession, a conservative estimate shows that remittances will register a -3 percent decline in 2020 relative to 2019, from $77 billion to $75 billion.
The year 2019 was among the lowest on record for Chinese state-to-state finance in Latin America, with only approximately $1.1 billion in loans from China Development Bank and China Eximbank to Latin American governments and state-owned enterprises.
Much could be gained from a coordinated, multi-dimensional strategy aimed at upgrading the trade-based and other aspects of the China-Southern Cone agro-industrial dynamic.
Dual education can be a powerful tool for bridging the skills gap by making education more relevant to market needs, fostering closer public-private collaboration, and providing youth with concrete skills and work experience.
On December 13, 2019 the Inter-American Dialogue, in partnership with International Institute for Democracy and Election Assistance (IDEA) and the International Foundation for Electoral Systems (IFES), hosted “Is Democracy in Trouble? Latin America in Global Perspective”, an event to launch IDEA’s The Global State of Democracy 2019 Report: Addressing the Ills, Reviving the Promise.