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Begin New Search Topic Economics Political Geography Latin America Content Type Policy Brief Publication Year within 25 Years

1. Digital Divide in Latin America and Opportunities for South Korea-Spain Cooperation

Author:
Angela Sagnella
Publication Date:
09-2022
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
The purpose of this brief report is to sketch the current characteristics of the digital divide in Latin America, especially following the effects generated by the spread of the Covid-19 pandemic, in an attempt to understand its crucial aspects and possible outlooks. In this regard, South Korea-Spain future cooperation on digitalization in Latin America will be discussed, as the two countries – by virtue of the long diplomatic tradition that unites them – are developing new horizons of cooperation to fill digital gaps in Latin America.
Topic:
Economics, Science and Technology, COVID-19, and Digital Cooperation
Political Geography:
South Korea, Latin America, and Spain

2. : From Rapid Recovery to Slowdown: Why Recent Economic Growth in Latin America Has Been Slow

Author:
Jose De Gregorio
Publication Date:
04-2015
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Latin America's recent economic performance has been disappointing. After a very strong recovery from the Great Recession, growth has slowed considerably, and prospects for 2015 are dim. Among the seven largest economies in the region, output is expected to contract in Argentina, Brazil, and Venezuela, and Chile, Colombia, Mexico, and Peru are projected to grow by only about 3 percent. The decline was not caused by external factors but was mostly cyclical in nature and a result of low productivity. Although monetary and fiscal policies may still have a role in supporting demand in some instances, the main problem in the region is not a lack of demand but low productivity growth. Efforts must be made to foster productivity. Institutional weakness must be addressed and inequality reduced if sustainable high growth is to resume.
Topic:
Economics, International Trade and Finance, Monetary Policy, and Financial Crisis
Political Geography:
Latin America

3. Do Public Development Banks Hurt Growth? Evidence from Brazil

Author:
Monica de Bolle
Publication Date:
09-2015
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
Public lending by the Brazilian Development Bank (BNDES) may have done more harm than good in Brazil, adversely affecting real interest rates and productivity growth. Specifically, BNDES's large amounts of subsidized lending are responsible for substantial credit market segmentation, choking off monetary policy transmission. As a result, to maintain price stability the Central Bank of Brazil is forced to raise interest rates more than it might do otherwise in the absence of BNDES lending. Restoring Brazil's capacity to grow in the medium term requires a thorough rethinking of the role of BNDES. In particular, the bank's lending rates should be aligned with market prices, term and risk premia, while taking into account that, with an adequate transparency framework, public development banks can increase private sector participation instead of crowding it out.
Topic:
Development, Economics, International Trade and Finance, and Markets
Political Geography:
Brazil and Latin America

4. Smallholders at Risk: Monoculture expansion, land, food and livelihoods in Latin America

Publication Date:
04-2014
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Greater investment in agriculture is needed to reduce rural poverty and improve food security. This means not simply increasing supply but ensuring that adequate, nutritious food is accessible to every person at all times. How investment is made, its context and conditions, is at least as important as how much is invested.
Topic:
Agriculture, Economics, Markets, and Food
Political Geography:
South America and Latin America

5. Fiscal Justice to Reduce Inequality in Latin America and the Caribbean

Author:
Itriago Déborah
Publication Date:
09-2014
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
Despite economic growth and the reduction of both poverty and inequality that Latin America and the Caribbean (LAC) has experienced during the last decade, it still remains the most unequal region in the world.
Topic:
Economics, Political Economy, and Sociology
Political Geography:
Latin America and Caribbean

6. The rise of FDI income, and what it means for the balance of payments of developing countries

Author:
Miguel Pérez Ludeña
Publication Date:
05-2014
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Multinational enterprises (MNEs) multiplied their profits made in developing countries by four between 2002 and 2011 (at current prices). In Latin America and the Caribbean, they rose from US$20 billion in 2002 to US$113 billion in 2011. The growth rate has been even higher in Africa and China, but much lower in developed countries. This rise is explained by an increase in FDI stock in developing economies and the higher average profitability of MNEs.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Africa, China, and Latin America

7. Brazil in the South Atlantic: growing protagonism and unintended consequences

Author:
Adriana Erthal Abdenur and Danilo Marcondes de Souza Neto
Publication Date:
05-2013
Content Type:
Policy Brief
Institution:
Norwegian Centre for Conflict Resolution
Abstract:
For most of the twentieth century, the strategic importance of the North Atlantic outstripped that of the southern part of the ocean. However, the past decade has brought significant shifts in Atlantic dynamics, with regional and external actors developing new interests in the region. Brazil, in particular, has been working to reinforce its control and influence in the South Atlantic. To this end, over the last five years the Brazilian government has launched or intensified efforts meant to securitise the South Atlantic. This strategy combines unilateral initiatives – naval build-up, domestic military publicity efforts, and international legal moves – with a vastly expanded international defence cooperation programme that covers nearly the entire South Atlantic perimeter. This policy brief analyses key components of Brazil's strategy, situating them within the South Atlantic's changing ecology of actors and suggesting some of the potential tensions that may arise from Brazil's growing protagonism in the South Atlantic.
Topic:
Development, Economics, Emerging Markets, Regional Cooperation, and Governance
Political Geography:
Latin America

8. Poland and Spain: How to Cooperate in a Europe in Flux

Publication Date:
07-2013
Content Type:
Policy Brief
Institution:
The Polish Institute of International Affairs
Abstract:
The lingering effects of the eurozone crisis have weakened the European project as a whole. As a result, stronger and more effective cooperation between enthusiastic EU countries such as Poland and Spain is very much needed. Besides cooperation within the EU in such fields as completing the single market and promoting a more holistic approach to the European Neighbourhood Policy, both countries should focus on improving their economic ties in bilateral relations and beyond. Through "smart" trade triangulation, Poland could open new markets in Eastern Europe for Spain, and Spain could reciprocate by doing the same for Poland in Latin America. This could help Poland make the economy more competitive and give Spain a lever for economic recovery.
Topic:
Economics, Bilateral Relations, Monetary Policy, and Financial Crisis
Political Geography:
Europe and Latin America

9. Implementation of the Santiago Principles for Sovereign Wealth Funds: A Progress Report

Author:
Edwin M. Truman
Publication Date:
12-2013
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
At the annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) held in Oslo, Norway on October 2-3, 2013, the forum reviewed and subsequently released its second report on members' experiences in the application of the Santiago Principles for sovereign wealth funds (SWFs). The Santiago Principles were adopted by a group of countries with such funds in September 2008 in response to concerns about threats to political, economic, and financial security in countries receiving SWF investments. The objective was to promote the transparency and accountability of SWFs for the countries of origin as well as the countries in which the funds were investing.
Topic:
Economics, International Trade and Finance, and Sovereign Wealth Funds
Political Geography:
Norway, Latin America, and Santiago

10. Is Chinese FDI pushing Latin America into natural resources?

Author:
Miguel Pérez Ludeña
Publication Date:
03-2012
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Chinese foreign direct investment (FDI) in Latin America is a recent phenomenon. Although the China National Petroleum Corporation and other companies have been present in Peru, Ecuador and Venezuela since the early 1990s, large projects have been pursued only since 2006, following an extended period of high commodity prices. The Economic Commission for Latin America and the Caribbean (ECLAC) estimated that there were US$ 15 billion of Chinese FDI inflows into Latin America in 2010, 90% of which were in extractive industries. This further contributed to the already high percentage of Chinese FDI flows to the region that are in natural resources. At a time of high economic growth fueled by commodity exports and strong currency appreciation (particularly in Brazil), FDI into extractive industries strengthens the region's specialization in primary products at the expense of manufacturing and other activities.
Topic:
Economics, International Trade and Finance, Markets, Natural Resources, and Foreign Direct Investment
Political Geography:
China, Brazil, Latin America, and Peru

11. Sustainable Development Goals – a useful outcome from Rio+20?

Author:
Alex Evans and David Steven
Publication Date:
01-2012
Content Type:
Policy Brief
Institution:
Center on International Cooperation
Abstract:
Recent months have seen increasing interest in the idea that Rio+20 could be the launch pad for a new set of 'Sustainable Development Goals' (SDGs). But what would SDGs cover, what would a process to define and then implement them look like, and what would some of the key political challenges be? This short briefing sets out a short summary of current thinking the issue, followed by thoughts about the way forward.
Topic:
Development, Economics, Foreign Aid, and Foreign Direct Investment
Political Geography:
Latin America

12. Korea, Colombia, Panama: Pending Trade Accords Offer Economic and Strategic Gains for the United States

Author:
Mauricio Cá¡rdenas and Joshua Meltzer
Publication Date:
07-2011
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
A trio of trade agreements now pending before Congress would benefit the United States both economically and strategically. Carefully developed accords with South Korea, Colombia and Panama will boost U.S. exports significantly, especially in the key automotive, agricultural and commercial services sectors. Among the other benefits are: increased U.S. competitiveness enhancement of U.S. diplomatic and economic postures in East Asia and Latin America new investment opportunities better enforcement of labor regulation and improved transparency in these trading partners' regulatory systems.
Topic:
Diplomacy, Economics, International Trade and Finance, Treaties and Agreements, and Labor Issues
Political Geography:
Kenya, United States, Israel, Colombia, and Latin America

13. Mining for facts: PacRim Cayman LLC v. El Salvador

Author:
Alexandre de Gramont
Publication Date:
09-2010
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
In his recent article, “Thinking twice about a gold rush: Pacific Rim v. El Salvador” (Columbia FDI Perspectives, No. 23, May 24, 2010), Professor Gus Van Harten uses the PacRim v. El Salvador arbitration, pending at the International Centre for Settlement of Investment Disputes (ICSID), as the basis for asserting a number of criticisms against the overall system of arbitration under investment treaties.
Topic:
Economics, International Trade and Finance, and Treaties and Agreements
Political Geography:
Latin America

14. Thinking twice about a gold rush: Pacific Rim v El Salvador

Author:
Gus Van Harten
Publication Date:
05-2010
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Whether it concerns oil drilling or gold mining, sometimes a government, facing new circumstances, must change its mind.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Latin America

15. Five Surprises of the Great Recession

Author:
Uri Dadush and Vera Eidelman
Publication Date:
11-2010
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
The Great Recession included five major surprises: (1) the severity of the global trade and output collapse, (2) the United States suffered a milder than expected recession, (3) Europe saw the onset of a severe sovereign debt crisis, (4) China grew at an extraordinary rate even though it's greatly dependent on exports, and (5) Latin America showed remarkable resilience.
Topic:
Economics, Globalization, Global Recession, and Financial Crisis
Political Geography:
United States, China, Europe, and Latin America

16. Why Didn't the Global Economic and Financial Crisis Have More of an Impact on International Migration?

Author:
Khalid Koser
Publication Date:
09-2010
Content Type:
Policy Brief
Institution:
The Geneva Centre for Security Policy
Abstract:
Economic and financial crises have always impacted on international migration patterns, processes, and policies. The Great Depression (1929- 33) resulted in massive repatriations of Latin Americans from the United States and the introduction of highly restrictive immigration policies in a number of industrialized countries, including France and Canada. The Oil Crisis (1973) resulted in severe restrictions on labour migration, a concomitant growth in asylum applications and irregular migration in Europe, and the emergence of new flows of labour migration to emerging industrial centres in Asia and Latin America. As a result of the Asian financial crisis (1997-99) several South-East Asian countries introduced policies of national preference and sought to expel migrant workers. The Russian financial crisis (1998) accelerated rates of emigration from Russia, in particular of Russian Jews and the highly-skilled. The gravity of the Latin American financial crisis (1998- 2002) also resulted in a significant exodus, in particular from Argentina.
Topic:
Economics, Migration, Global Recession, and Financial Crisis
Political Geography:
Russia, Asia, and Latin America

17. The growth of Brazil's direct investment abroad and the challenges it faces

Author:
Luís Afonso Lima and Octavio de Barros
Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
The internationalization of Brazilian companies is a relatively recent phenomenon. From 2000 to 2003, outward foreign direct investment (OFDI) averaged USD 0.7 billion a year. Over the four-year period 2004−2008, this average jumped to nearly USD 14 billion. In 2008, when global FDI inflows were estimated to have fallen by 15%, OFDI from Brazil almost tripled, increasing from just over USD 7 billion in 2007 to nearly USD 21 billion in 2008 (annex figure 1 below). Central Bank data put the current stock of Brazilian OFDI at USD 104 billion, an increase of 89% over 2003. Caution is in order about these figures, however, as in Brazilian outflows it is difficult to separate authentic FDI from purely financial investment under the guise of FDI. According to the most recent data, 887 Brazilian companies have invested abroad.
Topic:
Economics, International Trade and Finance, Markets, and Foreign Direct Investment
Political Geography:
Brazil and Latin America

18. Outward investment by Trans-Latin enterprises: reasons for optimism

Author:
Michael Mortimore and Carlos Razo
Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Columbia Center on Sustainable Investment
Abstract:
Despite the global crisis, outward FDI by Latin American firms grew by more than 40% in 2008. The picture for 2009 is less clear, due to the expected regional GDP contraction, falling commodity prices, and tightening credit markets. Nonetheless, the authors argue that many countervailing factors make Latin American investment more resilient in the crisis than other regions may be.
Topic:
Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Latin America

19. Growing Pains in Latin America: An Economic Growth Framework as Applied to Brazil, Costa Rica, Colombia, Mexico, and Peru

Author:
Liliana Rojas-Suarez
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
Center for Global Development
Abstract:
Before the global economic crisis began in 2008, all countries in Latin America, long known as the world's most economically and financially volatile region, had experienced five consecutive years of economic growth, a feat that had not been achieved since the 1970s. Yet despite this growth, Latin America's incomeper-capita gap relative to high-income countries and other emerging-market economies widened, and poverty remained stubbornly high. Latin America, in short, suffered from growing pains even when things were going reasonably well.
Topic:
Economics and Emerging Markets
Political Geography:
Brazil, Colombia, Latin America, Mexico, Costa Rica, and Peru

20. Country Economic Forecasts: Brazil

Publication Date:
12-2008
Content Type:
Policy Brief
Institution:
Oxford Economics
Abstract:
In sharp contrast to many emergers, Brazil was still growing very robustly in Q3. But the intensification of the global crisis, and its numerous repercussions – many of which were unforeseen – since September has been so great that it has stopped the economy in its tracks. The clearest sign of this is that annual import growth, which had been growing at close to 60% mid-year, dropped to only 9.2% in November. This is an indication of the extent to which previously soaring domestic demand growth, particularly investment, has slowed. Export volumes were already weakening in Q3 and the major deterioration in the global background since then is expected to lead to exports falling by nearly 3% in 2009 as a whole. This, together with the much lower commodity prices than firms will have budgeted for and the global fall in business confidence, will cause investment to shrink in 2009 after 15% growth in 2008. Consumer spending growth is also forecast to slow significantly but should at least stay positive, helped by an expected moderation in inflation. Meanwhile, given its healthy fiscal position, the government is likely to step up its spending. Overall, GDP growth is now forecast to slow to 1.3% in 2009. Although scope for the central bank to cut interest rates remains constrained by the weak BRL and 6%+ inflation, the rapid pace of the slowdown in both Brazil and the rest of the world may lead to a substantial reduction in underlying inflation pressures. This could pave the way for interest rate cuts to start in early-2009.
Topic:
Economics, Markets, and Financial Crisis
Political Geography:
Latin America

21. Timely Demise for Free Trade Area of the Americas

Author:
Laura Carlsen
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Foreign Policy In Focus
Abstract:
The stage was set for a showdown. When the Bush cabinet announced intentions to revive the moribund Free Trade Area of the Americas at the Fourth Summit of the Americas in Mar del Plata, the countries of the Southern Common Market closed ranks to prevent it. What followed was a diplomatic melee that reflects not so much divisions within Latin America, as a growing resistance to the current free trade model throughout the developing world.
Topic:
Economics and International Trade and Finance
Political Geography:
South America, Latin America, and North America

22. Dark Armies, Secret Bases, and Rummy, Oh My!

Author:
Conn Hallinan
Publication Date:
11-2005
Content Type:
Policy Brief
Institution:
Foreign Policy In Focus
Abstract:
It would be easy to make fun of President Bush's recent fiasco at the 4th Summit of the Americas in Mar del Plata, Argentina. His grand plan for a free trade zone reaching from the Artic Circle to Tierra del Fuego was soundly rejected by nations fed up with the economic and social chaos wrought by neoliberalism. At a press conference, South American journalists asked him rude questions about Karl Rove. And the President ended the whole debacle by uttering what may be the most trenchant observation the man has ever made on Latin America: "Wow! Brazil is big!"
Topic:
Economics and Government
Political Geography:
United States, Argentina, South America, and Latin America

23. Development and Foreign Investments: Lessons Learned from Mexican Banking

Author:
Jacob Steinfeld
Publication Date:
07-2004
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
FOREIGN DIRECT INVESTMENT (FDI) HAS TRANSFORMED MEXICO'S BANKING SYSTEM during the past decade, making it the second largest in Latin America with $165 billion in commercial assets in 2003. In the past four years, Mexico received $25.3 billion of FDI into its financial sector. This composes nearly 40 percent of total FDI inflows into the country. As a result of FDI flowing into the country's financial sector, the Mexican banking system has the highest ratio of foreign ownership in Latin America.
Topic:
Economics, International Trade and Finance, and Political Economy
Political Geography:
Latin America and Mexico

24. Small Enterprises and Economic Policy

Author:
Simon Johnson and Anders Åslund
Publication Date:
03-2004
Content Type:
Policy Brief
Institution:
Carnegie Endowment for International Peace
Abstract:
Institutions such as strong property rights and the rule of law are important for both long-run economic performance and short-run volatility. Developing good institutions is generally viewed as a desirable goal, but there is no agreed road map for such changes.
Topic:
Economics
Political Geography:
Israel, Eastern Europe, East Asia, and Latin America

25. The Dominican Republic: Resolving the Banking Crisis and Restoring Growth

Author:
Steve H. Hanke
Publication Date:
07-2004
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
After a decade of rapid economic growth, the Dominican Republic entered a downward spiral in 2003. The economy shrank for the first time since 1990, the inflation rate quadrupled, the Dominican peso collapsed, government debt more than doubled, interest rates soared, and the central bank incurred large losses.
Topic:
Economics, International Trade and Finance, and Political Economy
Political Geography:
Latin America and Caribbean

26. Mexico Alert: Mexico's Southern Flank: A Crime-ridden "Third U.S. Border"

Author:
George W. Grayson
Publication Date:
12-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Mexico's southern flank constitutes a porous, crime-ridden third border of the United States. The problem is that both President Vicente Fox and Homeland Security Secretary Tom Ridge concentrate on the U.S.-Mexican frontier, while neglecting the Mexican-Guatemalan interface that provides an open sesame for narcotraffickers, illegal aliens, prostitutes, smugglers, and terrorists.
Topic:
Security, Economics, and Politics
Political Geography:
United States, Latin America, and North America

27. Canada Alert: The Smart Border Process at Two: Losing Momentum?

Author:
Andre Belelieu
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On December 12, 2001, Canada and the United States signed the Smart Border Declaration, which gave birth to the 30-point Smart Border Action Plan. This bilateral agreement instantly became the de facto framework for ensuring the world's longest undefended border remained secure, while facilitating the flow of people, goods, and services, and was a key component in the larger homeland security goal of creating a zone of confidence against terrorist activity, while causing minimal damage to the world's largest trading relationship. Two years later, the Canadian and U.S. governments can point to progress on all 30 points contained in the Action Plan. Through cooperation and an understanding that a smart border works in the interest of both countries, Canada and the United States can claim to be closer than ever to ensuring that the Canada-U.S. border remains “open to trade and closed to terrorists.”
Topic:
Security, Economics, and Politics
Political Geography:
United States, Latin America, and North America

28. Mexico: Pessimism is Rational

Author:
Sidney Weintraub
Publication Date:
11-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Some significant outcomes in Mexico during the past quarter century are worth reviewing. There has been practically no growth in real per capita income since 1980. Until the presidential transition from Ernesto Zedillo to Vicente Fox, there were financial collapses either ending, starting, or during every other sexenio (six-year term) over this period. Perhaps these monotonic curses are a thing of the past, but no Mexican would “bet the farm” on this. These financial collapses were generally accompanied by economic downturns, spectacularly so in 1982 and 1994. Mexicans who came of age over the past 25 years—those now about 40 to 50—have known nothing other than repetitive currency depreciations and lack of sustained growth, and these expectations surely have been programmed indelibly into their psyches. A Mexican would have to be unthinking not to be pessimistic about the future based on recent economic management of the country, its currency, and its financial solidity.
Topic:
Security, Economics, and Politics
Political Geography:
Latin America and North America

29. Argentina Alert: Welcome to Washington President Kirchner

Author:
Miguel Diaz
Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
At the invitation of the White House, Argentina's newly elected president, Nestor Kirchner, will be paying a visit to President George W. Bush this Wednesday, July 23. This is the latest and most notable signal from Washington of an interest in engaging and working with the new government in Buenos Aires. The hope in Foggy Bottom is that this outreach can translate into the kind of constructive and comprehensive relationship that President Bush has established with Brazil's new president, Luis Inácio Lula da Silva, Kirchner's regional partner. Whether Kirchner has the savvy to exploit the gesture to set a tone for the bilateral relationship and establish the general parameters of a mutually rewarding policy agenda will be evident soon enough.
Topic:
Security, Economics, and Politics
Political Geography:
South America and Latin America

30. Mexico Alert: July 6, 2003, Midterm Elections Preelection Analysis

Author:
Armand Peschard-Sverdrup
Publication Date:
07-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On July 6, 2003, as many as 64.7 million registered voters will be heading to the polls to cast their votes for all 500 seats in the lower house of the Mexican Congress—the Chamber of Deputies. Of all 500 seats in the Chamber of Deputies, 300 are elected via direct representation (mayoria relativa) and 200 via proportional representation (representacion proporcional).
Topic:
Security, Economics, and Politics
Political Geography:
Latin America and North America

31. Canada Alert: Canada and Missile Defense

Author:
Dwight N. Mason
Publication Date:
06-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
That the government was about to decide to seek negotiations on participation in the U.S. missile defense system was signaled by Bill Graham, Canadian foreign minister, in his May 15, 2003, statement in Parliament on missile defense policy.
Topic:
Security, Economics, and Politics
Political Geography:
Canada, Latin America, and North America

32. Cuba, Itamaraty, and Brazil: Same Old Song?

Author:
William Barr
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
The New York Times was by no means the lone voice in criticizing Brazil's abstentions on the Cuba-related motions before the UN Human Rights Commission. Much tougher criticism has come from a wide range of Brazilians, including a substantial segment of academics, journalists, and even politicians who have long praised Cuba's independence from the U.S. orbit and criticized the United States' economic blockade.
Topic:
Security, Economics, and Politics
Political Geography:
United States, New York, Brazil, Cuba, United Nations, and Latin America

33. Argentina Alert (Double Issue)

Author:
Miguel Diaz and Carlos M. Regúnaga
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Argentina's national mania to experiment with new rules, procedures, and institutions never ceases to produce surprising, and sometimes stunning results. This time, the electoral process has been managed in such a bizarre way that as a result, the primary election of the Peronist Party will take place after the general election rather than before, as one would expect in a normal, more boring country.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

34. Argentina Alert: Summary of the Elections

Author:
Carlos M. Regúnaga
Publication Date:
05-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Voter turnout for the April 27 elections was among the highest in record: about 80 percent of the total population eighteen years old and older. The number of empty ballot envelopes was less than 1 percent, and votes annulled were within the normal margins in any election. All of this indicates that the protest vote (“voto bronca”), which was so high in the 2001 congressional elections, was not a factor in this election. The large number of candidates—and the exceptionally high number of candidates with the possibility of reaching the second round presidency on May 18 in particular—may have convinced electors to cast positive votes.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

35. Cuba Alert: Cuban Dissidents Under Siege

Author:
Brian Latell
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
The campaign against internal opposition launched last month by Fidel Castro's regime is among the most inhumane of the numerous crackdowns conducted during the more than 44 years he has ruled Cuba. Beginning in mid March, Cuban security personnel, often acting violently, rounded up more than 100 men and women associated with groups committed to peaceful democratic change on the island.
Topic:
Security, Economics, and Politics
Political Geography:
Cuba, Latin America, and Caribbean

36. Chile Uses Institutional Strength-To Counter Corruption Scandals

Author:
Luis Pinto
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Since Augusto Pinochet stepped down as president in 1989, Chile has been one of the most politically, socially, and economically successful countries in the region. The country has been able to move forward because of its aggressive promotion of exports, strength of its institutions, and the trust it has built with the international community. Recently however, Chile has found itself opposing the United States, a long time champion and supporter; it was also embroiled in several domestic corruption scandals. Chile has turned to the strength of its institutions and its international credibility to get back on track.
Topic:
Security, Economics, and Politics
Political Geography:
United States, South America, Latin America, and Chile

37. Canada Alert: The 2003 Quebec Provincial Election: A Vote for Change in La Belle Province

Author:
Andre Belelieu
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On April 14, Quebeckers voted for change while keeping with half a century of tradition. With 70 percent of Quebec's 5.5 million registered voters casting their ballots, the Liberal Party (PLQ) under Jean Charest ended nine years of Parti Quebecois (PQ) rule, winning 45.9 percent of the popular vote and 76 out of 125 seats in Quebec's National Assembly. The governing PQ, which won 33.2 percent of the vote and picked up 45 seats in the National Assembly, was therefore swept from power despite a fairly positive record in government, proving that no matter how competently a government rules in Quebec, it is not immune to the political reality that no party has been able to win a third consecutive term in office since the Union Nationale in 1952.
Topic:
Security, Economics, and Politics
Political Geography:
Canada, Latin America, and North America

38. Argentina Alert-Argentine Election: Fateful Choice

Author:
Carlos M. Regúnaga
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Observers unfamiliar with Argentine history may see in the present campaign a lack of real confrontation and choice of ideas. And they may be misled in that direction by the fact that candidates have devoted great time and effort to expose flaws in their opponents' character and background and very little to explain platforms and proposals. One should not be deceived, however, by appearances. The ideological spectrum represented by the five candidates is much wider than has been seen in any U.S. election in recent history. That statement needs, however, some historical perspective.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

39. Brazil Alert: President Lula

Author:
William Perry
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
100 days have now passed since Luiz Inácio “Lula” da Silva donned Brazil's presidential sash on January 1, 2003. Perhaps use of this traditional U.S. benchmark, even for preliminary judgments, is a bit unfair, as the Brazilian political calendar with Carnival holidays off, precludes Congress from really beginning to function until early March. Nevertheless, the past three months have been instructive in terms of gauging the problems and prospects of the new Workers' Party (PT) government.
Topic:
Security, Economics, and Politics
Political Geography:
Brazil, South America, and Latin America

40. Mexico Alert: Economic Competitiveness in Mexico: Recent Evolution, Prospects, and Repercussions for the United States

Author:
Mariano Ruiz-Funes
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
A country's economic competitiveness can be analyzed on two closely interrelated levels: microeconomic com-petitiveness and competitiveness in attracting investment. The first level (microeconomic competitiveness) relates to goods and services offered in the country and refers to competition arising from goods and services that are produced in another country. That competition takes place in international markets (export competitiveness) as well as in the domestic market (with imports).
Topic:
Security, Economics, and Politics
Political Geography:
United States, Latin America, North America, and Mexico

41. Mexico Alert: The Impact of the War in Iraq on Canada, the Caribbean, and Latin America

Author:
Phillip McLean
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Once again events elsewhere have driven news of Canada, the Caribbean and Latin America off the front pages— even from newspapers in the region. Lack of attention may be the least of those countries' concerns about the war. The more serious consequence is likely to be that the war will accentuate the hemisphere's already evident problems. To the degree that the war slows the growth of world trade, the region's near-term economic prospects will suffer, and global uncertainties will dim the promise of more open and dynamic markets.
Topic:
Security, Economics, and Politics
Political Geography:
Iraq, Canada, South America, Latin America, Central America, Caribbean, and North America

42. Mexico Alert: The Impact of the War in Iraq on Mexico

Author:
Armand Peschard-Sverdrup
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
When looking at the ramifications of the war in Iraq on the Western Hemisphere, it is clear that the conflict will have the greatest impact on the two nations with which the United States shares borders—Mexico and Canada. From a national security standpoint, these nations' immediate proximity to the United States automatically heightens the threat to their own national security, particularly because we seem to have entered an era in which the use of weapons of mass destruction—be they nuclear, chemical, or biological—poses a viable threat. From a U.S. homeland security standpoint, the shared border transforms both of our friendly neighbors into possible platforms from which rogue elements could stage attacks or enter the United States to threaten our homeland.
Topic:
Security, Economics, and Politics
Political Geography:
United States, Iraq, Canada, Latin America, North America, and Mexico

43. Argentina Alert: Polls Apart

Author:
Carlos M. Regúnaga
Publication Date:
04-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
The race for the Argentine presidency is now in the next to last lap. The first ballot will be cast April 27, but for the first time in history it looks as if a second ballot will be required. If it is, it will take place on May 18. At this juncture, public opinion and pundits' predictions are poles apart. But before analyzing them, it might be useful to remember the electoral system now in effect.
Topic:
Security, Economics, and Politics
Political Geography:
Argentina, South America, and Latin America

44. Mexico Alert: The Vote That Wasn't

Author:
Luis Rubio
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
Mexico's President Vicente Fox chose a rather awkward time to take a stand supporting a multilateralist approach in foreign policy. Even though a multilateral approach matches neatly—almost naturally—with the country's history, taking such a visible stand after the events of September 11 entailed huge risks that nobody in Fox's cabinet could ignore, even if, in retrospect, few truly understood what the actual risks were. Yet, oblivious to that fact, the government pushed ahead. Even after President George W. Bush had decided not to pursue a vote in the UN Security Council on a follow-up resolution that would have de facto authorized the use of force in Iraq, the Mexican government found it necessary to state that it would have voted “no.” The critical question is less whether this constitutes an approach to foreign policy that is new for Mexico than whether the administration truly understands the implications of its newfound ways.
Topic:
Security, Economics, and Politics
Political Geography:
Latin America, North America, and Mexico

45. Mexico Alert: NAFTA And Mexico's Agriculture

Author:
Sergio Sarmiento
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
For a long time, it seemed impossible for any issue to forge an alliance between the Institutional Revolutionary Party (PRI)—the party that ruled Mexico from 1929 to 2000—and the leftist Party of the Democratic Revolution (PRD). This issue, however, has clearly emerged now with the attempt to force President Vicente Fox, a member of the conservative National Action Party (PAN), to renegotiate the North American Free Trade Agreement (NAFTA) in order to offer special protection to Mexico's agriculture.
Topic:
Security, Economics, and Politics
Political Geography:
Latin America and North America

46. Mexico Alert: Mexico State Election

Author:
Armand Peschard-Sverdrup and George W. Grayson
Publication Date:
03-2003
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies
Abstract:
On March 9, 2003, the citizens of Mexico state (Edomex) will elect 124 municipal government officials and 75 members of the state legislature. Although local contests, these elections have attracted national attention for several reasons. First, with 13 million inhabitants Edomex is the most populous of Mexico 31 states–with approximately 4.5 million more citizens than Mexico City. Second, Mexico state also boasts more than 8 million voters, the most of any state and 12.55 percent of the nationwide total. Third, Mexico state is a microcosm of the country–with (1) a vibrant manufacturing sector, (2) one-third of its income arising from agriculture, (3) a small indigenous population, (4) a plethora of middle-class residents who work for the government, own small businesses, or practice professions such as medicine, dentistry, accounting, and teaching, and (5) poor people who eke out a living in Chalco, Texcoco, and other sprawling slums contiguous to Mexico City. Fourth, Edomex is an arena of intense political activism, involving the country's three major parties: the once-hegemonic Institutional Revolutionary Party (PRI), the center-right National Action Party (PAN), and the nationalist-left Democratic Revolutionary Party (PRD). In addition, the Mexican Green Ecological Party (PVEM) boasts its largest support base in the state, while several new or small parties will also compete in the upcoming election. These include the centrist Convergencia, the leftist Workers' Party (PT), the right-wing Social Alliance (PAS), the conservative Party of the Nationalist Society (PSN), the reform-oriented México Posible (MP), the Mexican Liberal Party (PLM), Citizens' Force (FC), and the Citizens' Parliament (PC). Fifth, the importance of the state means that any major Edomex politician who distinguishes himself will wind up on the short list of contenders for the presidency in 2006. Finally, the outcome of the Mexico state balloting will provide an insight into the relative strength of contending parties as they prepare for the July 6 election of 500 members of the Chamber of Deputies and six governors (Campeche, Colima, Nuevo León, Querétaro, San Luis Potosí, and Sonora).
Topic:
Security, Economics, and Politics
Political Geography:
Latin America, North America, and Mexico

47. Global Economic Prospects

Author:
Michael Mussa
Publication Date:
09-2002
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics
Abstract:
The global economic recovery is continuing but at a somewhat slower pace than was anticipated six months ago. Specifically, using the country weights from the IMF's World Economic Outlook, the forecast for real GDP growth in the world economy during 2002 (i.e., on a fourth-quarter-to-fourth-quarter basis) is cut by about half a percentage point to 3 percent—a pace that is slightly below my estimate of the potential growth rate for world GDP. This downward revision reflects primarily slower growth than earlier expected during the first half of 2002 in most industrial countries and the expectation that growth will remain somewhat more sluggish than earlier expected at least through year-end. For 2003, the forecast for global economic growth is also cut by about half a percentage point—to 4 percent—reflecting both general factors suggesting slightly weaker performance in many industrial and developing countries and the particular economic risks arising from possible military action against Iraq and from potential credit events affecting key developing countries. Despite these downward revisions, however, there is little doubt that the world economy will see significant improvement this year from the 1 percent growth recorded in 2001, and it is still reasonable to expect further improvement to a growth rate modestly above global potential during 2003.
Topic:
Economics
Political Geography:
United States, Iraq, Europe, Israel, Asia, South America, Latin America, and North America

48. An Emerging Populist Threat?

Author:
Mark Falcoff
Publication Date:
06-2001
Content Type:
Policy Brief
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
On May 14, Jackson Diehl, the deputy foreign editor of the Washington Post, raised an intriguing question in an op-ed for that newspaper: Is Latin America about to “drift back toward its one-time status as semi-hostile territory for the United States”? Some of the evidence he cited was certainly enough to give pause. In Nicaragua, Daniel Ortega, that country’s former Marxist president—voted out of office in 1990—seemed poised to finally regain power later this year. In Peru, Alan García, the leftist-populist windbag—the consummate Latin demagogue, almost a caricature of the type—who drove his country to the verge of collapse in the 1980s, has reemerged as a presidential possibility in a runoff scheduled for June 3. In Brazil, Luiz Inácio Lula da Silva, the perennial standard-bearer of the Left, is leading in the polls for next year’s presidential race. “Even in El Salvador,” Diehl writes, President Bush “may see the election of former FMLN guerrillas.” As to Venezuela, the machinations of its president, Hugo Chávez, hardly require comment; he makes no secret of the fact that his principal foreign policy objective is to forge a new, worldwide, anti-U.S. alliance.
Topic:
Foreign Policy, Economics, Populism, and Hugo Chavez
Political Geography:
South America, Latin America, and Venezuela

49. A Dollarization Blueprint for Argentina

Author:
Steve H. Hanke and Kurt Schuler
Publication Date:
03-1999
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
President Carlos Menem of Argentina has advocated replacing the Argentine peso with the dollar. Dollarization would benefit Argentina because it would eliminate the peso-dollar exchange-rate risk, lower interest rates, and stimulate economic growth.
Topic:
Economics and International Political Economy
Political Geography:
Argentina, South America, and Latin America

50. Currency Boards or Dollarization — Solutions or Traps

Author:
John Chown
Publication Date:
08-1999
Content Type:
Policy Brief
Institution:
Chatham House
Abstract:
Currency boards have been suggested for Russia, and adopted elsewhere in eastern Europe. Brazil's fixed rate has had to be abandoned, but Argentina is considering replacing its currency board with dollarization, and suggesting this solution for the rest of Latin America. Fixed exchange-rate regimes (and the crawling peg in Russia) have collapsed in Southeast Asia but Hong Kong, which had a formal currency board, has (so far) survived.
Topic:
Economics and International Trade and Finance
Political Geography:
Russia, Eastern Europe, Latin America, Central America, Caribbean, and North America