Cesar Jose Honostroza Pariachi / Wikimedia Commons / CC BY-NC-SA 2.0
Peru’s inclination to growth over institutionalization could be seen as a sort of libertarian experiment—getting the state out of the way in a country where economic mismanagement has more than once led to disaster. But, while in the short term Peru has defied research that shows that institutional factors—such as corruption, bureaucratic inefficiency, and lack of trust and satisfaction in government—are consistent structural obstacles to prosperity, cracks are beginning to show. Read more +
Official White House / Amanda Lucidon
When leaders from nearly all the countries of the Americas gather in Lima, Peru next week, the unique circumstances may lead to a historic event: the first Summit of the Americas defined by honesty about the fundamental disagreements that shape the relationships among the United States, Canada, Latin America, and the Caribbean. Read more +
