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  • Author: Joshua Meltzer
  • Publication Date: 02-2015
  • Content Type: Working Paper
  • Institution: The Brookings Institution
  • Abstract: SMEs are the main drivers of U.S. employment, and the majority of the employment is in SME services firms. Services are also a growing portion of U.S. exports. U.S. services exports are 34 percent of total exports. Including services used in the production of goods for export increases services exports to 50 percent of total U.S. exports. The U.S. runs a services trade surplus and has a competitive advantage in high-skill, high-paying services. The U.S. trade surplus in 2013 was $213 billion. Services exports supported 4.2 million jobs in the U.S. in 2013. Services SMEs are under-represented in U.S. exports. Only 5 percent of high-skilled services companies export, compared to 25 percent in the manufacturing sector. The global growth in Internet access is providing new opportunities for SMEs to export services to customers globally. The Internet also gives SMEs access to services as inputs, which increases the productivity of all SMEs and their ability to compete in overseas markets. Export Promotion Agencies (EPAs) assist SMEs to export. However, EPAs have not developed a comprehensive approach that takes full advantage of the opportunities the Internet provides for growing SME services exports. Some countries have developed new ways to use the Internet to assist SME exports. For example, in the U.S., businessusa.gov collects on a single website relevant trade data and provides information on the export assistance provided by various government agencies. In the U.K., opentoexport.com provides trade data, information on exporting and opportunities to blog and interact with experts. Matchsme.com in Denmark goes further and connects local businesses with local service suppliers. Connectamericas.com is also focused on Latin America and uses the Internet to match customers and suppliers. These different approaches and their successes provide insights into how to scale up an online program that could have a significant impact on SME services exports. The following are the main elements of such a program: Develop an Internet platform. Such a platform would connect services SMEs with overseas buyers and facilitate the transaction through to the export and payment. Build public-private partnerships. The Internet platform should involve the government and the private sector, drawing on their respective expertise. Develop trust in the Internet platform. This is needed if the platform is to succeed. There are various ways to build trust. This could include developing a rating system that is accepted across borders and incorporates into the platform existing trust-building mechanisms. Give services SMEs access to better information. The Internet platform should include all relevant information for services SMEs, including trade data, timely and relevant information on markets, barriers and regulations. Develop online networking opportunities. The Internet platform should allow services SMEs to meet customers and suppliers online. This would also increase the flow of timely information amongst participants on the platform. Such networks can also be used to vet potential business partners, thereby building trust in the Internet platform. Improve access to finance. A lack of finance is a barrier for services SMEs going global. An Internet platform should include information on financing opportunities and innovative financing approaches such as crowd funding. Create opportunities for soft landing in export markets. The ability for services SMEs to have face time with potential customers remains important for achieving export success. An Internet platform could build on the approach of CDMN in Canada and give SMEs opportunities to spend time overseas in start-up incubators or building contacts.
  • Topic: Development
  • Political Geography: Latin America
  • Author: Fabrice Lehoucq
  • Publication Date: 02-2015
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: This paper analyzes the impact of civil war on regime change. It focuses on Central America, a region where several countries underwent transitions to democracy in the wake of civil war during the second half of the twentieth century. It argues that armed conflict, not increasing levels of economic development, led to political change. Violence liquidated stubbornly resilient autocracies in El Salvador and Nicaragua, catalyzed the democratization of Costa Rican politics, and was the backdrop to regime liberalization in Guatemala. Postwar negotiations, at a time when Cold War bipolarity was ending, led to the establishment of more open, civilian regimes on the isthmus. This paper also notes that the transition from autocracy was enormously costly in both lives and economic well-being, which helps to explain why political change has given birth to low-quality democracies or mixed regimes on the isthmus, ones that also have witnessed the explosion of criminal and drug-related violence.
  • Topic: Civil War, Crime, Democratization, Development, Regime Change, Narcotics Trafficking
  • Political Geography: Latin America
  • Publication Date: 07-2015
  • Content Type: Working Paper
  • Institution: International Crisis Group
  • Abstract: The accelerating deterioration of Venezuela’s political crisis is cause for growing concern. The collapse in 2014 of an incipient dialogue between government and opposition ushered in growing political instability. With legislative elections due in December, there are fears of renewed violence. But there is a less widely appreciated side of the drama. A sharp fall in real incomes, major shortages of essential foods, medicines and other basic goods and breakdown of the health service are elements of a looming social crisis. If not tackled decisively and soon, it will become a humanitarian disaster with a seismic impact on domestic politics and society, and on Venezuela’s neighbours. This situation results from poor policy choices, incompetence and corruption; however, its gravest consequences can still be avoided. This will not happen unless the political deadlock is overcome and a fresh consensus forged, which in turn requires strong engagement of foreign governments and multilateral bodies.
  • Topic: Democratization, Development, Health, Food, Financial Crisis
  • Political Geography: Latin America
  • Publication Date: 09-2015
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: The growth rates witnessed in markets across Latin America in the decade to 2010 pulled millions out of poverty, led to rapid growth of the middle class and helped to demonstrate the promise of emerging markets. Since then, however, growth has slowed dramatically across the region. 2015 will mark the fifth successive year of deceleration in Latin America, which has slowed more than any other emerging market region. With concerns over the ability of emerging markets to withstand a slowdown in China and monetary policy normalisation in the US growing, risks to the growth and financing outlook for Latin America persist. However, as economic recovery starts to gather pace in the region, opportunities for investment and growth will also re-emerge. This report provides a snapshot of the current political and economic landscape in the region, and in some of Latin America’s largest economies: Brazil, Mexico and Argentina. Each article analyses key concerns and presents our view of the outlook going forward, helping you to influence decision-making and economic outcomes for your business.
  • Topic: Development, Economics, Emerging Markets, Globalization, International Trade and Finance
  • Political Geography: Latin America
  • Author: Timmons Roberts, Guy Edwards
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: The Brookings Institution
  • Abstract: China's rapidly increasing investment, trade and loans in Latin America may be entrenching high-carbon development pathways in the region, a trend scarcely mentioned in policy circles. High-carbon activities include the extraction of fossil fuels and other natural resources, expansion of large-scale agriculture and the energy-intensive stages of processing natural resources into intermediate goods. This paper addresses three examples, including Chinese investments in Venezuela's oil sector and a Costa Rican oil refinery, and Chinese investment in and purchases of Brazilian soybeans. We pose the question of whether there is a tie between China's role in opening up vast resources in Latin America and the way those nations make national climate policy and how they behave at the United Nations Framework Convention on Climate Change (UNFCCC) negotiations. We focus on the period between the 2009 Copenhagen round of negotiations and the run-up to the Paris negotiations scheduled for 2015, when the UNFCCC will attempt to finalize a successor agreement to the Kyoto Protocol.
  • Topic: Agriculture, Development, International Trade and Finance, Oil, Natural Resources, Foreign Direct Investment
  • Political Geography: China, Latin America
  • Author: Patrice Franko
  • Publication Date: 01-2014
  • Content Type: Working Paper
  • Institution: Institute for National Strategic Studies
  • Abstract: Brazil is a puzzling new player in the global system. Emerging as a complex international actor, it has come to be seen as a significant economic competitor and dynamic force in world politics. But transformational changes in the economic and political realms have not been accompanied by advances in military power. While Brazil has entered the world stage as an agile soft power exercising influence in setting global agendas and earning a seat at the economic table of policymakers, its military capacity lags. The national security strategy announced under President Luiz Inácio Lula da Silva in 2008 intended to redress this power gap. President Dilma Rousseff 's 2011 White Paper—so detailed that it is called a "White Book"—provides the conceptual roadmap to achieve a new military balance. But military modernization is still a work in progress.
  • Topic: Security, Defense Policy, Development, Economics, Emerging Markets
  • Political Geography: Brazil, Latin America
  • Author: Tiffany Barnes
  • Publication Date: 03-2014
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: Over the last two decades a large number of countries worldwide have adopted a gender quota to increase women's political representation in the legislature. While quotas are designed to achieve equality in legislative power and decision-making, it is unclear if electing more women to legislative office is sufficient to accomplish institutional incorporation. Once women are elected to office, are they being incorporated into the legislative body and gaining their own political power, or are they being marginalized? Using an original data set that tracks committee appointments in the twenty-two Argentine legislative chambers over an eighteen-year period, I evaluate the extent to which women have access to powerful committee appointments—beyond traditional women's domains committees—and how women's access to committee appointments changes over time. I hypothesize that while women may initially be sidelined, as they gain more experience in the legislature they may overcome institutional barriers and develop institutional knowledge that will better equip them to work within the system to gain access to valuable committee appointments.
  • Topic: Democratization, Development, Gender Issues, Politics
  • Political Geography: Argentina, Latin America
  • Author: Mariana Llanos, Alexander Stroh, Cordula Tibi Weber, Charlotte Heyl
  • Publication Date: 04-2014
  • Content Type: Working Paper
  • Institution: German Institute of Global and Area Studies
  • Abstract: This paper assesses the extent to which elected power holders informally intervene in the judiciaries of new democracies, an acknowledged but under-researched topic in studies of judicial politics. The paper first develops an empirical strategy for the study of informal interference based on perceptions recorded in interviews, then applies the strategy to six third-wave democracies, three in Africa (Benin, Madagascar and Senegal) and three in Latin America (Argentina, Chile and Paraguay). It also examines how three conditioning factors affect the level of informal judicial interference: formal rules, previous democratic experience, and socioeconomic development. Our results show that countries with better performance in all these conditioning factors exhibit less informal interference than countries with poorer or mixed performance. The results stress the importance of systematically including informal politics in the study of judicial politics.
  • Topic: Democratization, Development, Power Politics, Law
  • Political Geography: Africa, Argentina, Latin America, Tamil Nadu
  • Author: Rohinton Medhora, David Malone
  • Publication Date: 05-2014
  • Content Type: Working Paper
  • Institution: Centre for International Governance Innovation
  • Abstract: The familiar world of international organizations principally devoted to development has been upended by two phenomena. First is the emergence of sustained economic success in the developing world (mostly in Asia, but increasingly also in Africa and, in a less spectacular way, Latin America) amid compelling, continuing need among the world's poor. Second, the slow-moving, serious financial and economic crisis of the industrialized world since 2008 has reordered priorities in many of their capitals toward domestic spending and away from costly international projects.
  • Topic: Development, Economics, International Cooperation, International Organization, Financial Crisis
  • Political Geography: Africa, Asia, United Nations, Latin America
  • Author: David Steven, Alejandra Kubitschek Bujones
  • Publication Date: 05-2014
  • Content Type: Working Paper
  • Institution: Center on International Cooperation
  • Abstract: In October 2013, Ambassadors from the Group of Latin American and Caribbean Countries in the United Nations (GRULAC), their key negotiators from respective capitals, civil society representatives, and UN System agencies from the region held a retreat on the Post-2015 Agenda.
  • Topic: Development, Human Welfare
  • Political Geography: United Nations, Latin America, Caribbean, North America
  • Author: Sam Handlin
  • Publication Date: 11-2014
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: What are the causes and implications of polarization in new democracies? During Latin America’s “Left Turn” period, highly polarized party systems emerged in some countries–Venezuela, Bolivia, Ecuador, Nicaragua, and El Salvador–but not the rest of the region. This paper proposes a theory to explain variation, centered on the presence of electorally relevant parties of the left in the pre-Left Turn period and, most critically, the quality of governance in that period. Poor governance created opportunities for partisan actors on the left to politicize a second dimension of political contestation, anti-systemic versus systemic positions on the design and operation of the state, and thus chart alternative paths to electoral viability that required little left-right programmatic moderation. This dynamic empowered radical party factions and drove polarizing dynamics in party systems. High quality governance, in contrast, gave left parties little choice but to moderate their programs in search of electoral viability. This dynamic empowered moderate party factions and drove centripetal dynamics in party systems. Empirically, the paper tests these arguments through a broad overview of the case universe and in-depth case studies of Venezuela and Brazil.
  • Topic: Democratization, Development, Political Economy
  • Political Geography: Latin America
  • Author: Giovanni Grevi
  • Publication Date: 05-2013
  • Content Type: Working Paper
  • Institution: Centre for European Policy Studies
  • Abstract: The international system is changing fast and both the European Union and Brazil will need to adapt. This paper argues that such a process of adjustment may bring the two closer together, even if their starting points differ considerably. Europe looks at the ongoing redistribution of power as a challenge, Brazil as an opportunity. Europe is coping with the detrimental impact of the economic crisis on its international profile; Brazil is enhancing its influence in its region and beyond. Their normative outlook is broadly compatible; their political priorities and behaviour in multilateral frameworks often differ, from trade to development and security issues. Despite the crisis, however, there are signals of renewed engagement by the EU on the international stage, with a focus on its troubled neighbourhood and partnerships with the US and large emerging actors such as Brazil. The latter is charting an original course in international affairs as a rising democratic power from the traditional South with no geopolitical opponents and a commitment to multilateralism. In testing the limits of its international influence, Brazil will need dependable partners and variable coalitions that go well beyond the BRICS format, which is not necessarily sustainable. This contribution suggests that the strategic partnership between the EU and Brazil may grow stronger not only as a platform to deepen economic ties and sustain growth, but also as a tool to foster cooperation in political and security affairs including crisis management, preventive diplomacy and human rights.
  • Topic: Development, Emerging Markets, Globalization, International Trade and Finance
  • Political Geography: Europe, Latin America
  • Author: Jorge Balán
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Institute of International Education
  • Abstract: Higher education has undergone impressive growth and change over the last few decades in Latin America.This book selectively reviews some dimensions of this transformation, discussing policies, institutions, and programs, as well as their outcomes in terms of access, workforce training, and research. Individual chapters, commissioned from specialists from Latin America and the United States, stand as original, independent contributions focusing on key issues in higher education: changes in institutional autonomy and system governance, the contributions of higher education to advanced workforce development, policy responses to the continuing challenges of access and equity, government-sponsored study-abroad scholarships programs in several countries, trends in academic mobility and its outcomes for brain drain and gain, the changing landscape of U.S. universities' and corporations' investment in the region, and recent development of U.S. government exchange programs with Latin America.
  • Topic: Development, Economics, Education, Emerging Markets, Globalization
  • Political Geography: United States, Latin America
  • Author: Benjamin Leo
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: The United States government has made repeated declarations over the last decade to align its assistance programs behind developing countries' priorities. By utilizing public attitude surveys for 42 African and Latin American countries, this paper examines how well the US has implemented this guiding principle. Building upon the Quality of Official Development Assistance Assessment (QuODA) approach, I identify what people cite most frequently as the 'most pressing problems' facing their nations and then measure the percentage of US assistance commitments that are directed towards addressing them. By focusing on public surveys over time, this analysis attempts to provide a more nuanced and targeted examination of whether US portfolios are addressing what people care the most about. As reference points, I compare US alignment trends with the two regional multilateral development banks (MDBs) – the African Development Bank and the Inter-American Development Bank. Overall, this analysis suggests that US assistance may be only modestly aligned with what people in Sub-Saharan Africa and Latin America cite as their nation's most pressing problems. By comparison, the African Development Bank – which is majority-led by regional member nations – performs significantly better than the United States. Like the United States, however, the Inter-American Development Bank demonstrates a low relative level of support for people's top concerns.
  • Topic: Security, Crime, Development, Economics, Foreign Aid
  • Political Geography: Africa, United States, America, Latin America
  • Author: Richard Snyder, Kelly Bay, Cecilia Perla
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: This article explores the political economy of social science research in the Global South by analyzing new bibliometric and survey data on Peru, a lower-middle income country with weak domestic funding and institutional support for scholarship. The results of the analysis show that although research in Peru is heavily dependent on foreign funding, the multiplicity of funding institutions gives scholars a surprising degree of autonomy. Still, dependence on foreign funding produces conditions with potentially harmful consequences for the quality and impact of research. Five conditions are considered: multiple institutional affiliations, hyperproductivity, forced interdisciplinarity, parochialism, and a weak national community of scholars.
  • Topic: Development, Economics, Education, Foreign Aid
  • Political Geography: Latin America, Peru
  • Author: Peter Andreas, Angelica Duran-Martinez
  • Publication Date: 09-2013
  • Content Type: Working Paper
  • Institution: Watson Institute for International Studies, Brown University
  • Abstract: Illicit trade has long been a central feature of Latin America's engagement in the world. In this chapter we first briefly sketch the scope and dimensions of illicit trade in the region, and stress the importance of various types of power asymmetries. Drawing on illustrations primarily from drug trafficking (by far the most studied and documented case), we then outline in a preliminary fashion some of the key issues in understanding transnational illicit flows and their impact on Latin America foreign and domestic policy and governance. We concentrate on four themes: 1) the relationship between illicit trade and diplomatic relations with the United States; 2) the relationship between illicit trade and democratic governance; 3) the relationship between illicit trade and organized violence; and 4) the relationship between illicit trade and neoliberalism.
  • Topic: Foreign Policy, Democratization, Development, War on Drugs, Narcotics Trafficking, Governance
  • Political Geography: United States, America, Latin America
  • Author: Fulvio Castellacci, Hamza Kanar
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Norwegian Institute of International Affairs
  • Abstract: The economic reforms recently implemented in Cuba do not adequately deal with the structural issues that hamper the country's economic development. The paper presents a system dynamics model to investigate Cuba's development process, and a simulation analysis to compare different policy scenarios that may be realized in the future as economic reforms will continue. The results indicate that the most effective development policy would be to combine active public policies to enhance the R sector, on the one hand, and foster the emergence of an efficient private sector that will develop the capital infrastructure of the economy, on the other.
  • Topic: Development, Economics, Foreign Aid
  • Political Geography: Latin America, Caribbean
  • Author: Carl Meacham, Robert Funk
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: In the first round of Chile's presidential elections on November 17, Michelle Bachelet, of the progressive New Majority (Nueva Mayoría) coalition, commanded a resounding lead. Garnering 46.7 percent of the popular vote—and putting her 20 points ahead of Alliance for Chile (Alianza por Chile) candidate Evelyn Matthei, her nearest rival—the former president is the likely victor in the runoff elections scheduled for December 15.
  • Topic: Democratization, Development, Economics, Politics
  • Political Geography: Latin America
  • Author: Douglas Farah, Robert D. Lamb, Carl Meacham
  • Publication Date: 12-2013
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: The project that culminated in this report was conceived just over a year ago as an initiative to assess the major accomplishments in strengthening the Colombian government's efforts to bring peace and stability to its countryside.
  • Topic: Conflict Resolution, Security, Development, Economics
  • Political Geography: Latin America
  • Author: Peter Engelke
  • Publication Date: 11-2013
  • Content Type: Working Paper
  • Institution: Atlantic Council
  • Abstract: Humankind recently crossed a historic threshold: over half of all human beings now live in cities. In contrast to most of human history, cities have become the default condition for human habitation almost everywhere on earth. Urbanization is proceeding rapidly and at unprecedented scales in Asia, Africa and the Middle East. These regions are poised to join Latin America, Europe, North America, and Australia as having more people living in cities than in rural areas. Between 2010 and 2050, the world's urban population is expected to grow by 3 billion people—a figure roughly equal to the world's total population in 1950—with the great majority living in developing-world cities.3 Our species, in other words, is already an urban one and will become even more so throughout this century.
  • Topic: Demographics, Development, Environment, Natural Resources, Urbanization, Developing World
  • Political Geography: Africa, Europe, Middle East, Asia, Latin America, Australia, North America
  • Author: Barbara Kotschwar
  • Publication Date: 04-2012
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: In Latin America, inadequate transportation infrastructure has been identified as an increasingly important impediment to the region's further integration in global trade and a significant factor preventing countries from properly taking advantage of the multitude of regional, plurilateral, and bilateral trade agreements signed in the past decade and a half. This paper examines transport and communications infrastructure initiatives in Latin American and Asian regional trade arrangements and finds several lessons Asia can teach Latin America.
  • Topic: Development, Economics, International Trade and Finance, Communications, Infrastructure
  • Political Geography: Asia, Latin America
  • Author: Liliana Rojas-Suarez, José Luis Guasch, Veronica Gonzales
  • Publication Date: 06-2012
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: Over the last decade, Central American countries—Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua—have made significant progress in social and economic areas. In particular, they have stabilized their economies after decades of civil war and the economic volatility that plagued the region through the 1990s. Most countries in Central America have taken important steps to improve their business climates, particularly by enhancing macroeconomic stability, improving the soundness of their financial systems, making improvements in infrastructure services and trade facilitation, reducing red tape, and simplifying their regulatory and tax frameworks. As a result, before the 2008 financial crisis, GDP per capita in Central America grew at an average rate of 3 percent per year from 2003 to 2008, which, albeit modest, was the most robust and stable period of growth the region had witnessed since the early 1990s. However, despite this achievement, Central American economies are still lagging behind the rest of Latin America and other middle-income countries by per-capita growth rates of 0.5 to 2 percentage points. Even more worrying are the levels of poverty and inequality, which show the lack of inclusiveness in their growth models. Moreover, recent developments in the region show a number of red flags that are weakening macroeconomic and democratic stability. Significant structural changes are urgently needed to secure sustained and inclusive growth.
  • Topic: Development, Economics, Emerging Markets, International Trade and Finance
  • Political Geography: Latin America, Central America
  • Author: Timothy A. Wise
  • Publication Date: 05-2012
  • Content Type: Working Paper
  • Institution: Global Development and Environment Institute at Tufts University
  • Abstract: More than 40% of U.S. corn is now consumed in the production of ethanol. With the United States by far the world's largest producer and exporter of corn, this represents an estimated 15% of global corn production. A recent survey by the National Academy of Sciences estimated that globally biofuels expansion accounted for 20 - 40% of the price increases seen in 2007 - 8, when prices of many food crops doubled. This had a dramatic impact on poor consumers and on net - food - importing developing countries. Expanding U.S. production and consumption of corn - based ethanol, which has been encouraged by a range of U.S. government subsidies and incentives, is considered one of the most important biofuel programs in putting upward pressure on food prices. Mexico now imports about one - third of its corn from the United States. Using conservative estimates from a study on U.S. ethanol expansion and corn prices, we estimate the direct impacts of U.S. ethanol expansion on Mexican corn import costs. We find that from 2006 - 2011, U.S. ethanol expansion cost Mexico about $1.5 billion due to ethanol - related corn price increases. Other methodologies suggest the costs could be more than twice as high, surpassing $3 billion over the period.
  • Topic: Security, Agriculture, Development, International Cooperation, International Trade and Finance, Food
  • Political Geography: United States, Latin America, Mexico
  • Author: Graciana del Castillo, Daniel García
  • Publication Date: 08-2012
  • Content Type: Working Paper
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: An analysis of trends in foreign direct investment (FDI) in Uruguay is difficult due to data problems. Nevertheless, balance-of-payments data reveal that inward FDI (IFDI) increased sharply in the second half of the decade 2002-2011 under analysis. IFDI flows relative to GDP rose annually on average to close to 6% in 2005-2011. This compares favorably with annual average flows of only 1% in the decade before the banking crisis and the sharp devaluation of the Uruguayan peso in 2002. At the time, investment in natural resources, including in farmland and real estate in Punta del Este, became very attractive. IFDI flows peaked at 7.5% of GDP in 2006, with the investment in the construction of the first cellulose plant in the country by a multinational enterprise (MNE) from Finland. The rapid increase in IFDI in the second half of the past decade took place amid high rates of economic growth (averaging about 6% a year on average), in combination with an adequate policy and regulatory framework and fiscal incentives to foreign investors. So far, Uruguay remains primarily a host country for FDI, with outward FDI (OFDI) that has been and continues to be insignificant.
  • Topic: Development, Economics, International Trade and Finance, Foreign Direct Investment
  • Political Geography: Latin America
  • Author: Katherine E. Bliss, Paulo Buss, Felix Rosenberg
  • Publication Date: 09-2012
  • Content Type: Working Paper
  • Institution: Center for Strategic and International Studies
  • Abstract: On November 7, 2011, the Global Health Policy Center of the Center for Strategic and International Studies (CSIS) in Washington, D.C., in partnership with the Fiocruz Center for Global Health (CRIS) in Rio de Janeiro, Brazil, hosted a seminar entitled “New Approaches to Global Health Cooperation.” The event, which took place in Rio de Janeiro, assembled health policy researchers and practitioners from Brazil, Europe, the United States, and sub - Saharan Africa to examine emerging practices in global health co operation. Issues considered included the factors driving greater international engagement on public health challenges, the growing trend of trilateral cooperation, and the role of the BRICS (Brazil, Russia, India, China, and South Africa) and South - South activities in expanding international cooperation on global health. Over the course of the day - long meeting, speakers and audience members examined the reasons for the overall expansion of funding and programming for overseas global health activities durin g the past decade; considered the factors that underpin Brazil's increasing focus on global health as an area of bilateral and multilateral outreach; reviewed the characteristics of successful trilateral cooperation efforts; and debated the future of multi country engagement on health.
  • Topic: Development, Emerging Markets, Health, Health Care Policy
  • Political Geography: Africa, Russia, United States, China, Europe, Washington, India, South Africa, Brazil, Latin America
  • Author: Eduardo Posada-Carbó
  • Publication Date: 09-2012
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: By focusing on its electoral role, this paper revises some of the prevailing views regarding the Catholic Church's impact on the politics of Colombia between 1830 and 1930. To this aim, the paper offers a brief general overview of the Church during the period, in an attempt to locate its sources of power. Then, I look at the place the religious cleavage had in the formation of the party system that emerged in the republic by the mid-nineteenth century. Next, I examine the various ways in which the Church was involved in the electoral process both before and after the emergence of the party system. Finally, the concluding section considers the wider implications that such involvement might have represented for the history of democracy in Colombia. Overall, the paper addresses the following questions: What had the historical role of the Catholic Church been in the politics of Colombia since independence? How did the Church—the hierarchy, the clergy and the laity—relate to the electoral history and partisan divisions of the country? And to what extent did the involvement of the Church in electioneering enhance or hinder the process of democratization over this century?
  • Topic: Democratization, Development, Politics, Religion
  • Political Geography: Colombia, Latin America
  • Author: Manuel Alcántara
  • Publication Date: 06-2012
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: This paper addresses from a comparative perspective the national elections (legislative and presidential) held between 2009 and 2011 in seventeen Latin American countries. There are five key issues that guide this analysis: the institutional conditions of electoral competition, the electoral offer, election results, party systems, and post-electoral executive-legislative relations. The political consequences of these electoral processes—except perhaps in the cases of Honduras and Nicaragua, where some minor negative trends have arisen—reveal a pattern of apparent normality and political alternation, with a change in the presidential elite and winning proposals that were articulated via institutions. The paper concludes by outlining how countries in the region have successfully overcome challenges of a varying nature and importance, that until recently generated a degree of uncertainty in their respective political systems.
  • Topic: Civil Society, Democratization, Development, Political Economy, Politics
  • Political Geography: Latin America, Nicaragua, Honduras
  • Author: Matthew C. Ingram
  • Publication Date: 06-2012
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: Existing research shows that the ideas of judges matter for judicial behavior both on the bench (decision making) and off the bench (lobbying and mobilization for institutional change). Yet there is little empirical evidence regarding the content and distribution of these ideas and even less evidence and fewer theoretical propositions regarding the manner in which ideas transfer or diffuse among judges. Addressing these empirical and theoretical gaps, I survey judges in the Mexican state of Michoacán and apply techniques of network analysis. The project makes four main contributions: (1) original data on the attitudes of judges regarding prominent institutional and jurisprudential changes shaping the legal landscape in Mexico; (2) egocentric data on network structure for the sampled judges; (3) sociocentric data on network structure at the level of judicial district, state supreme court, and entire state generated by aggregating the egocentric data; and (4) a mixed-methods analysis of the causal relationship between network features and judicial attitudes, drawing on egocentric methods, sociocentric methods, and personal interviews with focal individuals. Complementing literatures on political socialization, policy diffusion, and complex systems, the analysis clarifies our understanding of the role of judicial networks in strengthening democracy and the rule of law.
  • Topic: Civil Society, Democratization, Development, Political Economy, Governance, Law Enforcement, Law
  • Political Geography: Latin America, Mexico
  • Author: Nora Lustig, Luis F. Lopez-Calva, Eduardo Ortiz-Juarez
  • Publication Date: 10-2012
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: Between 2000 and 2010, the Gini coefficient declined in 13 of 17 Latin American countries. The decline was statistically significant and robust to changes in the time interval, inequality measures, and data sources. In-depth country studies for Argentina, Brazil, and Mexico suggest two main phenomena underlie this trend: a fall in the premium to skilled labor and more progressive government transfers. The fall in the premium to skills resulted from a combination of supply, demand, and institutional factors. Their relative importance depends on the country.
  • Topic: Development, Economics, Emerging Markets, Globalization, International Trade and Finance, Poverty, Social Stratification
  • Political Geography: Brazil, Argentina, Latin America, Mexico
  • Author: Nora Lustig
  • Publication Date: 11-2012
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: We apply a standard tax-and-benefit-incidence analysis to estimate the impact on inequality and poverty of direct taxes, indirect taxes and subsidies, and social spending (cash and food transfers and in-kind transfers in education and health). The extent of inequality reduction induced by direct taxes and transfers is rather small (2 percentage points on average), especially when compared with that found in Western Europe (15 percentage points on average). What prevents Argentina, Bolivia, and Brazil from achieving similar reductions in inequality is not the lack of revenues but the fact that they spend less on cash transfers—especially transfers that are progressive in absolute terms—as a share of GDP. Indirect taxes result in that net contributors to the fiscal system start at the fourth, third, and even second decile on average, depending on the country. When in-kind transfers in education and health are added, however, the bottom six deciles are net recipients. The impact of transfers on inequality and poverty reduction could be higher if spending on direct cash transfers that are progressive in absolute terms were increased, leakages to the nonpoor reduced, and coverage of the extreme poor by direct transfer programs expanded.
  • Topic: Development, Economics, Education, Health, Poverty
  • Political Geography: Brazil, Argentina, Latin America, Mexico, Peru, Bolivia
  • Author: Samuel Reynard
  • Publication Date: 11-2012
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: Financial crises have been followed by different inflation paths which are related to monetary policy and money creation by the banking sector during those crises. Accounting for equilibrium changes and non-linearity issues, the empirical relationship between money and subsequent inflation developments has remained stable and similar in crisis and normal times. This analysis can explain why the financial crisis in Argentina in the early 2000s was followed by increasing inflation, whereas Japan experienced deflation in the 1990s and 2000s despite quantitative easing. Current quantitative easing policies should lead to increasing and persistent inflation over the next years.
  • Topic: Development, Economics, Emerging Markets, Monetary Policy, Financial Crisis
  • Political Geography: Latin America
  • Author: Miriam Shabafrouz, Annegret Mähler, Georg Strüver
  • Publication Date: 01-2011
  • Content Type: Working Paper
  • Institution: German Institute of Global and Area Studies
  • Abstract: Natural resources are often held responsible for intrastate conflicts. As a consequence, both national and international measures to avoid the detrimental impact of resource endowments have increasingly been discussed and implemented in resource-rich countries. These measures include stabilization funds, subregional development programs, revenue-sharing regimes, and transparency initiatives. However, comparative empirical studies of the actual impact of these measures, particularly regarding their contribution to conflict prevention, are scarce. This paper contributes to the filling of this gap: combining a medium-N sample of oildependent countries and three in-depth case studies (Algeria, Nigeria, and Venezuela), we evaluate different instruments of resource management and their effects on conflict risk factors. On the one hand, the findings do not show any systematic connection between the countermeasures and a reduction in resource-related risks; on the other, the paper highlights common causal factors for the lack of implementation of resource-related countermeasures.
  • Topic: Conflict Prevention, Development, Natural Resources
  • Political Geography: Africa, Algeria, Latin America, Venezuela, Nigeria
  • Author: J. Samuel Valenzuela
  • Publication Date: 01-2011
  • Content Type: Working Paper
  • Institution: Kellogg Institute for International Studies
  • Abstract: Since the 1960s, the sociology of development has drawn its explanations for the inadequate development of Latin American countries from culturalist paradigms, such as modernization theory, or macro-structural ones, like the dependency perspective. Setting such perspectives aside, this paper seeks to reinvigorate a sociological focus on development by arguing that it requires “social fundamentals”—and not only the economic and political ones that have taken center stage in recent discussions of this topic. Such social fundamentals have to do primarily with the synergies that are generated between properly designed welfare institutions and the characteristics of a nation's families.
  • Topic: Development, Sociology
  • Political Geography: Europe, Latin America, Sweden, Chile
  • Author: Ravi Kanbur, Dennis Rodgers, Jo Beall
  • Publication Date: 01-2011
  • Content Type: Working Paper
  • Institution: United Nations University
  • Abstract: This paper argues for a more systemic engagement with Latin American cities, contending it is necessary to reconsider their unity in order to nuance the 'fractured cities' perspective that has widely come to epitomise the contemporary urban moment in the region. It begins by offering an overview of regional urban development trends, before exploring how the underlying imaginary of the city has critically shifted over the past half century. Focusing in particular on the way that slums and shantytowns have been conceived, it traces how the predominant conception of the Latin American city moved from a notion of unity to a perception of fragmentation, highlighting how this had critically negative ramifications for urban development agendas, and concludes with a call for a renewed vision of Latin American urban life.
  • Topic: Development, Poverty, Urbanization
  • Political Geography: Latin America
  • Author: Elizabeth Stuart
  • Publication Date: 04-2011
  • Content Type: Working Paper
  • Institution: Oxfam Publishing
  • Abstract: Economic growth in developing countries is desirable and necessary, but it is the distribution of that growth that matters for poverty reduction, rather than the pursuit of growth for its own sake.
  • Topic: Development, Economics, Poverty
  • Political Geography: Latin America, Southeast Asia
  • Author: Carmen M. Reinhart, Nicolas E. Magud, Kenneth S. Rogoff
  • Publication Date: 03-2011
  • Content Type: Working Paper
  • Institution: Peterson Institute for International Economics
  • Abstract: The literature on capital controls has (at least) four very serious apples-to-oranges problems: (i) There is no unified theoretical framework to analyze the macroeconomic consequences of controls; (ii) there is significant heterogeneity across countries and time in the control measures implemented; (iii) there are multiple definitions of what constitutes a "success" and (iv) the empirical studies lack a common methodology-furthermore these are significantly "overweighted" by a couple of country cases (Chile and Malaysia). In this paper, we attempt to address some of these shortcomings by: being very explicit about what measures are construed as capital controls. Also, given that success is measured so differently across studies, we sought to "standardize" the results of over 30 empirical studies we summarize in this paper. The standardization was done by constructing two indices of capital controls: Capital Controls Effectiveness Index (CCE Index), and Weighted Capital Control Effectiveness Index (WCCE Index). The difference between them lies in that the WCCE controls for the differentiated degree of methodological rigor applied to draw conclusions in each of the considered papers. Inasmuch as possible, we bring to bear the experiences of less well known episodes than those of Chile and Malaysia. Then, using a portfolio balance approach we model the effects of imposing capital controls on short-term flows. We find that there should exist country-specific characteristics for capital controls to be effective. From this simple perspective, this rationalizes why some capital controls were effective and some were not. We also show that the equivalence in effects of price- vs. quantity-capital control are conditional on the level of short-term capital flows.
  • Topic: Development, Economics, International Trade and Finance, Markets
  • Political Geography: Latin America, Southeast Asia
  • Author: Samuel W. Bodman, James D. Wolfensohn, Julia E. Sweig
  • Publication Date: 07-2011
  • Content Type: Working Paper
  • Institution: Council on Foreign Relations
  • Abstract: Brazil has transcended its status as the largest and most resource-rich country in Latin America to now be counted among the world's pivotal powers. Brazil is not a conventional military power, it does not rival China or India in population or economic size, and it cannot match the geopolitical history of Russia. Still, how Brazil defines and projects its interests, a still-evolving process, is critical to understanding the character of the new multipolar and unpredictable global order.
  • Topic: Development, Economics, Globalization, International Trade and Finance
  • Political Geography: Russia, China, India, Brazil, Latin America
  • Author: Gregory Elacqua, Humberto Santos, Dante Contreras, Felipe Salazar
  • Publication Date: 08-2011
  • Content Type: Working Paper
  • Institution: The Cato Institute
  • Abstract: There is a persistent debate over the role of scale of operations in education. Some argue that school franchises offer educational services more effectively than do small independent schools. Skeptics counter that large, centralized operations create hard-to-manage bureaucracies and foster diseconomies of scale and that small schools are more effective at promoting higher-quality education. The answer to this question has profound implications for U.S. education policy, because reliably scaling up the best schools has proven to be a particularly difficult problem. If there are policies that would make it easier to replicate the most effective schools, systemwide educational quality could be improved substantially.
  • Topic: Development, Education, Governance
  • Political Geography: United States, Latin America, Chile
  • Author: Ana-María Poveda Garcés
  • Publication Date: 09-2011
  • Content Type: Working Paper
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Outward foreign direct investment (OFDI) from Colombia has increased considerably in the past decade, with its stock growing from US$ 3 billion in 2000 to US$ 23 billion in 2010. This growth reflects the internationalization of the Colombian economy following policy reforms and economic liberalization in the 1990s. The 2000s were characterized by enhanced national security and reforms to the investment framework that have attracted unprecedented levels of inward FDI and facilitated the growth of small and medium-sized enterprises (SMEs). A considerable rise in domestic mergers and acquisitions (M) in the past decade has contributed to the development of Colombian multinational enterprises (MNEs) and to increased OFDI from Colombia. In 2010, outflows showed a twenty-fold increase from their value in 2000, including an increase in OFDI to export markets, helped by greater government support for OFDI, for example by the conclusion of more international investment agreements. The rise of Colombian MNEs, or "translatinas" (i.e. Latin American MNEs whose OFDI is primarily within Latin America), reflects Colombia's nascent structural transformation into a knowledge-based economy. Together with Chile and Peru, Colombia has recently created the first regionallyintegrated stock exchange in the region, the Mercado Integrado Latinoamericano (MILA), which is likely to facilitate FDI flows.
  • Topic: Development, Economics, Markets, Foreign Direct Investment
  • Political Geography: Colombia, Latin America
  • Author: Regina K. Pritchett
  • Publication Date: 10-2011
  • Content Type: Working Paper
  • Institution: The Woodrow Wilson International Center for Scholars
  • Abstract: Development literature overwhelmingly argues in favor of formal property ownership (titling) as a practical intervention for poor women's empowerment and to address urban poverty. In this body of literature empowerment is equated with financial, social and politic al gains but it lacks a rigorous definition. Luke's three-dimensional power framework provides a methodology for critical assessment of empowerment. The chapter structures Luke's analysis around a case study from a center city slum in Recife, Brazil. Ultimately the chapter demonstrates how a critical definition of empowerment can move thinking and practice towards re-engineering titling process for gender equity in urban land markets.
  • Topic: Agriculture, Development, Gender Issues, Political Economy
  • Political Geography: Brazil, Latin America
  • Author: Tessa Bold, Mwangi Kimenyi, Germano Mwabu, Justin Sandefur
  • Publication Date: 12-2011
  • Content Type: Working Paper
  • Institution: Center for Global Development
  • Abstract: Existing studies from the United States, Latin America, and Asia provide scant evidence that private schools dramatically improve academic performance relative to public schools. Using data from Kenya—a poor country with weak public institutions—we find a large effect of private schooling on test scores, equivalent to one full standard deviation. This finding is robust to endogenous sorting of more able pupils into private schools. The magnitude of the effect dwarfs the impact of any rigorously tested intervention to raise performance within public schools. Furthermore, nearly two thirds of private schools operate at lower cost than the median government school.
  • Topic: Development, Education, Government, Poverty
  • Political Geography: Kenya, United States, Asia, Latin America
  • Author: Alex Evans, David Steven
  • Publication Date: 06-2011
  • Content Type: Working Paper
  • Institution: Center on International Cooperation
  • Abstract: The Rio 2012 summit on sustainable development is now one year away. Over two decades since the 1992 'Earth Summit', sustainable development has not materialized: as global GDP has risen, so have greenhouse gas emissions, species loss and environmental degradation.
  • Topic: Climate Change, Development, Economics, Environment, Foreign Aid, Foreign Direct Investment
  • Political Geography: Latin America
  • Author: Alberto Minujin, Louise Moreira Daniels, Javier Curcio
  • Publication Date: 01-2010
  • Content Type: Working Paper
  • Institution: The New School Graduate Program in International Affairs
  • Abstract: Children in Latin American (LA) countries were among the most vulnerable groups that suffered from the adjustment policies promoted by the “Washington Consensus” in the 1980s and 1990s. In that context, several organizations started initiatives to ensure and promote resources allocated by public budgets to children and women. This paper describes and analyzes the characteristics and main activities of such initiatives in a dozen LA countries, with in-depth analysis provided for three countries: Argentina, Brazil and Ecuador. A number of lessons are enumerated, which can serve as orientation for other regions, in particular for Africa.
  • Topic: Development, Labor Issues
  • Political Geography: Africa, Washington, Brazil, Argentina, Latin America, Ecuador
  • Author: Otto Argueta
  • Publication Date: 09-2010
  • Content Type: Working Paper
  • Institution: German Institute of Global and Area Studies
  • Abstract: It has become commonplace to explain the proliferation of private security services as causally determined by crime rates and institutional weakness. By contrast, this paper argues that another explanatory factor needs to be emphasized, especially for post-war societies: continuity and change of social control mechanisms. The paper first presents the current situation with commercial and noncommercial private security services in Guatemala (private security companies, as well as neighborhood security committees). Against this background, it reconstructs mechanisms and critical junctures by which the Guatemalan state sourced out policing functions to the private sector during the war, and traces the reinforcement of these mechanisms in the post-war society. It argues that the proliferation of private security services is an outcome of the overlapping of different political processes and sequences. The continuity of social control mechanisms thereby emerges as a stronger explanatory factor for this proliferation, rather than the common justification of high crime rates.
  • Topic: Security, Political Violence, Crime, Development
  • Political Geography: Latin America, Guatemala
  • Author: Miguel Posada Betancourt
  • Publication Date: 09-2010
  • Content Type: Working Paper
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Colombia used to be a synonym for violence and drugs, but not anymore. Today, the country has one of the best performing economies in Latin America, and violence levels have been dramatically reduced. The outgoing administration made improving investor confidence and the business environment one of the pillars of its policy. As a result of important reforms and aggressive campaigns to promote the country as an attractive location, inward foreign direct investment (IFDI) has risen to unprecedented levels. Due to these positive changes, Colombia has been designated a “top reformer” for the past four years in the World Bank's Doing Business reports, and the new Government has promised to maintain and reinforce efforts to attract foreign investment. Even though IFDI flows decreased in the past two years as a consequence of the economic and financial crisis, many foreign affiliates in Colombia achieved positive profits. A country that a decade ago was avoided is now in many investors' plans.
  • Topic: Development, Economics, War on Drugs, Foreign Direct Investment
  • Political Geography: Colombia, Latin America
  • Author: Maria del Carmen Vera-Diaz, Robert K. Kaufmann, Daniel C. Nepstad
  • Publication Date: 05-2009
  • Content Type: Working Paper
  • Institution: Global Development and Environment Institute at Tufts University
  • Abstract: For decades, the development of transportation infrastructure in the Brazilian Amazon has been the government's main social and economic development policy in the region. Reductions in transportation costs have not only opened the agricultural frontier to cattle ranching and logging but have also caused more than two-thirds of Amazonian deforestation. Currently, soybean cultivation is a new economic force demanding improvements to roads in the region. Profitable soybean crops have spread over the Mato Grosso's cerrados and now head toward the core of the Amazon rain forest. One of the main constraints for soy expansion into the Amazon has been the poor condition of roads. In this study, we analyze the effect Amazon transportation infrastructure programs have on soybean expansion by lowering transport costs. The analysis is based on spatial estimates of transportation costs for the soybean sector, first using current road networks and then projecting changes based on the paving of the Cuiabá-Santarém road. Our results indicate that paving the Cuiabá-Santarém road would reduce transportation costs by an average of $10 per ton for farmers located in the northern part of Mato Grosso, by allowing producers to reroute soybean shipments to the Santarém port. Paving the road also would expand the area where growing soybeans is economically feasible by about 70 percent, from 120,000 to 205,000 km2 . Most of this new area would be located in the state of Pará and is covered largely by forests. A Cost-Benefit analysis of the road project indicates that the investments in infrastructure would generate more than $180 million for soybean farmers over a period of twenty years. These benefits, however, ignore the project's environmental impacts. If the destruction of ecological services and products provided by the existing forests is accounted for, then the Cuiabá-Santarém investment would generate a net loss of between $762 million and $1.9 billion. This result shows the importance of including the value of the natural capital in feasibility studies of infrastructure projects to reflect their real benefits to society as a whole.
  • Topic: Agriculture, Development, Economics, Environment, Infrastructure
  • Political Geography: Brazil, Latin America, Amazon Basin
  • Author: Michael Mortimore, Carlos Razo
  • Publication Date: 08-2009
  • Content Type: Working Paper
  • Institution: Columbia Center on Sustainable Investment
  • Abstract: Despite the current economic crisis, outward foreign direct investment (OFDI) by Latin American and Caribbean enterprises continued its upward trend in 2008 (annex figure 1). OFDI by firms in the region reached nearly USD 35 billion in 2008, an increase of 42% with respect to 2007 (ECLAC, 2009a). However, several of the factors that fostered such growth have recently changed, possibly affecting OF DI prospects for 2009. This Perspective briefly explores these changes and their potential effects on firms' investing behavior, as well as some important countervailing factors that may cushion the effects of the economic crisis on Latin American firms' investment plan.
  • Topic: Development, Economics, International Trade and Finance, Markets, Foreign Direct Investment
  • Political Geography: Latin America, Mexico
  • Author: Luís Afonso Lima, Octavio de Barros
  • Publication Date: 08-2009
  • Content Type: Working Paper
  • 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: Development, Economics, International Political Economy, International Trade and Finance, Markets, Foreign Direct Investment
  • Political Geography: Brazil, Latin America
  • Author: Alberto Minujin, Guillermina Comas
  • Publication Date: 02-2009
  • Content Type: Working Paper
  • Institution: The New School Graduate Program in International Affairs
  • Abstract: This paper analyzes the vulnerability of the middle class in Latin America in face of the neo-liberal policies implemented in the region during recent decades and discusses possible policies and programs that promote the building and strengthening of democratic processes throughout the region. Changes in the Latin American middle class are examined. An important part of the middle class can be active participants in the process of building democracy and developing inclusive and equitable societies. This will require the implementation of policies and programs that promote the participation of the middle class in the public sphere.
  • Topic: Democratization, Development, Social Stratification
  • Political Geography: Latin America
  • Author: Thomas J Trebat
  • Publication Date: 06-2009
  • Content Type: Working Paper
  • Institution: Institute for Latin American and Iberian Studies at Columbia University
  • Abstract: As the great global crisis eases its grasp, it is a time to reconsider relations between Brazil and the North, especially the United States and the European Union. While the world economy is still reeling, it is very possible that a new and more productive period in Brazil's relations with the US and Europe is possible. This positive outcome derives from numerous factors, most especially Brazil's “peaceful rise” to a more prominent global role and the arrival of the Obama administration whose promise of a new beginning in U.S. foreign policy has been greeted with such evident enthusiasm in Latin America.
  • Topic: International Relations, Foreign Policy, Development, Economics, International Political Economy, Financial Crisis
  • Political Geography: United States, Europe, Brazil, Latin America