The emergence of China as a new economic partner presents trade offs for Amazon basin countries. Without special care to avoid and minimize ecological and social impacts, the costs of development run the risk of outweighing its gains.
Margaret Myers, Kevin P. Gallagher, Rebecca Ray, Paulina Garzón, Dietmar Grimm, John Reid, Amy Rosenthal, Li Zhu
A protracted trade war is expected to have lasting effects on the region’s economies. The IMF estimates slowing global growth in 2019, including in third markets, based on large part US-China trade tensions. Ongoing economic uncertainty could also weaken Latin American currencies if populations there invest in US dollars to avoid the effects of local currency devaluation.
Over the past two weeks, Spain has become an accidental protagonist in the diplomatic efforts to end Venezuela’s crises. The good news is that Spain is well-positioned to lead the effort to restore democracy in Venezuela. The bad news is that the Spanish government is deeply conflicted about what to do. But there are five clear ways that Spain can demonstrate that the democratic cause in Venezuela is not just a guise for U.S. adventurism.
The largest tropical rainforest on the planet, the Amazon plays a critical role as a storehouse of carbon and mediator of the global water cycle and holds a greater share of the world’s known biodiversity than any other ecosystem. However, unchecked development is placing the Amazon under threat, pushing deforestation rates to near-record levels throughout the region.
The development of energy resources is an integral component of many of Latin America’s economies, from established producers like Colombia and Brazil to newcomers to the global energy market like freshly oil-rich Guyana. However, policymakers and energy companies throughout the region must devise solutions to a variety of fiscal, political, social, and environmental hurdles to ensure successful and sustainable projects, explained speakers at an Inter-American Dialogue event on May 10.