Setting aside the debate surrounding the legitimacy and popularity of President Nayib Bukele, he has a number of challenges ahead of him in the social, political, and economic sphere. In large part, these challenges are his legacy as they result from the decisions implemented in his first presidential term. Paradoxically, when it comes to overcoming the country's main problems, President Bukele is his own worst enemy.Read more +
The following note by Manuel Orozco, director of the Migration, Remittances, and Development program at the Inter-American Dialogue, offers some observations pertaining to a migration and remittance outlook in 2024.Read more +
Miguel Otero-Iglesias and Agustin Gonzalez-Agote discuss China's currency internationalization ambitions in this guest blog post for the Inter-American Dialogue's Asia and Latin America Program.Read more +
In June 2019, after two decades of on and off negotiations, the European Union and Mercosur, the South American customs union consisting of Brazil, Argentina, Uruguay, and Paraguay, reached an agreement to dramatically expand economic cooperation between the two blocs. This unprecedented free trade agreement would not only eliminate over…Read more +
Will Latin America's critical minerals spur a "green resource curse" this century? What kinds of policy tools are available to mitigate the risks?Read more +
El Salvador’s sluggish economy and outdated economic model present serious challenges for the future. Weak economic performance means that life is hard and opportunities are scarce for large portions of the population. It also has far-ranging implications for a variety of issues, including migration, social inclusion, and insecurity. With the…Read more +
To learn about the implications of the recent Eletrobras sale, the prospects of Petrobras privatization, and how both are affected by the likely return of Lula, the Dialogue's Energy & Climate Program spoke to Dr. Mark Langevin, adjunct professor and senior fellow at George Mason University and senior advisor to Horizon Client Access.Read more +
The Inter-American Development Bank recently released a study, which Netflix supported, that found that approximately $5.7 billion was invested in audiovisual production in Latin America and the Caribbean in 2019. But in order to fully take off in Latin America, the industry requires more investment, new skills and smart regulation. This article focuses on so-called regulatory “sandboxes,” which could be a step toward improving regulation of the audiovisual digital sector.Read more +
The context surrounding the Covid-19 crisis has aggravated the circumstances limiting remittance flows to Cuba. This article explores how digital technologies and cryptocurrencies are emerging as new, formal channels for sending remittances and paying for goods and services from abroad.Read more +
Latin America and the Caribbean is confronting a severe recession with uncertain prospects. Although the recovery will primarily depend on external factors, three key components will determine whether the region is capable of sustaining its path of economic prosperity and social cohesion: sound economic management, access to external finance and delivery of quality public goods and services to all its citizens. Covid-19 introduces the sense of urgency as well as an opportunity to continue making real progress.Read more +
The Latin America Advisor sat down with Anabel González, senior fellow at the Peterson Institute of International Economics and former trade minister of Costa Rica, to talk about medical supply chains amid the coronavirus pandemic in relation to Latin American and the Caribbean.Read more +
The perfect storm of the plummeting oil price and the Covid-19 pandemic could have dire consequences for oil-dependent Latin American economies, lead to a reduction in upstream investment, and damage the prospects for renewable energy projects.Read more +