Journal: Americas Quarterly / Topic: Economics

1. Beyond Equal Rights

Author:: Michelle Bachelet
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Women's political and economic participation strengthens democracy, equality and the economy. And while women's empowerment and full participation in society are important goals in themselves, they are also vital for reducing poverty, achieving universal education, improving maternal and child health, and fulfilling other development goals. Increasing the presence of women in politics not only responds to their rights as citizens; it enriches political discourse, decision-making and inclusiveness, and improves social conditions through the passage of equitable laws and policies.
Topic:: Economics and Politics
Political Geography:: Latin America

2. Women's Rights U.S. Foreign Policy

Author:: Melanne Verveer
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: When I attended the first Summit of the Americas in Miami in 1994, only two female heads of state represented their countries: Dominica and Nicaragua. This past April at the Sixth Summit of the Americas in Cartagena, Colombia, five of the presidents and prime ministers representing the 33 participating countries were women: from Argentina, Brazil, Costa Rica, Jamaica, and Trinidad and Tobago. Their presence was an important example of the progress the hemisphere—and its women—have made. In fact, the region continues to make progress in a variety of areas. Latin America and the Caribbean are tackling ongoing challenges head-on, including promoting girls' education, improving women's and girls' health, facilitating women's political participation, and expanding women's economic opportunities. Governments throughout the hemisphere are increasingly recognizing that no country can get ahead if it leaves half of its people behind.
Topic:: Foreign Policy, Economics, and Government
Political Geography:: America, Brazil, and Caribbean

3. The Future of PEMEX

Author:: Lourdes Melgar
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: The time is ripe for a historic transformation of Mexico's energy sector. The 2008 Reforma Energética (Energy Reform)—a congressionally-approved presidential initiative that established or modified seven laws—highlighted the significant challenges facing the Mexican oil industry and the economic implications of a decline in oil production. The problem: it didn't resolve them. With the exception of Andrés Manuel López Obrador of the Partido de la Revolución Democrática (Party of the Democratic Revolution—PRD), for the first time in Mexican politics the presidential candidates this year set out a series of bold institutional reforms. These included what was unthinkable years ago: turning the state-owned enterprise, Petróleos Mexicanos (PEMEX), into an autonomous firm that could issue stock shares—a model similar to the one adopted by Brazil's Petrobras in the 1990s.
Topic:: Economics and Government
Political Geography:: Brazil and Mexico

4. Ask the Experts: Women and Corporations

Author:: Stephanie George, Susan Silbermann, and Elisa Garcia C.
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: When I started my career over 30 years ago, there was strong resistance among companies to take a chance on a young woman whose nurturing and collaborative style seemed foreign to the traditional corporate culture. But I was lucky enough to work at two trendsetting companies, Disney/ABC and Time Warner, both of which recognized the importance of having women in the C-suite and championed sponsorship strategies and programs for women's advancement. The programs I participated in gave me access to top executives, prepared me to move forward in my career, and provided the necessary skills and acumen to better serve on corporate boards. While I learned a lot about business from these initiatives, I've also always stayed true to my own corporate style and I encourage other women to do the same. I'm more likely to start a business meeting with a hug than with a handshake. I manage my direct reports through motivation, not intimidation. I see colleagues as teammates, not adversaries.
Topic:: Economics

5. Lisa Schineller and Peter Kingstone debate: Is Brazil's economy too commodity dependent?

Author:: Peter Klingstone and Lisa Schineller
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Is Brazil's economy too commodity-dependent? Yes: Peter Kingstone; No: Lisa Schineller In this issue: Brazil's reliance on commodity exports threatens its medium- and long-term growth prospects. Brazil's economic success is based on more than the demand for natural resources.
Topic:: Economics
Political Geography:: China and Brazil

6. Open government in Argentina — Educating new parents — Giving voice to LGBT issues — Digital mapping

Author:: Matthew Aho
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: It took courage and a splash of audacity for Argentine Congresswoman Laura Alonso to oppose the nationalization of Spanish oil giant Repsol's stake in Yacimientos Petrolíferos Fiscales (YPF), her country's largest energy company. Her remarks in the Cámara de Diputados (Chamber of Deputies) earlier this year earned her taunts even from fellow deputies from the ruling Peronist coalition of being “traitorous” and an “española” (Spaniard). Alonso gave as good as she got, calling officials in President Cristina Fernández de Kirchner's government who orchestrated the takeover mistaken, corrupt and contaminated. “You can't just wave a national flag and evoke patriotism, while at the same time you're signing corrupt deals contrary to the rights of the people behind their backs,” she said in interviews after the speech.
Topic:: Economics and Government
Political Geography:: Argentina

7. Latin America's tourism boom — Evangelicalism in Brazil.

Author:: Olivia Ruggles-Brise
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Latin America's travel and tourism industry took a hit during the 2008–2009 recession. International arrivals slowed and tourists had less money to spend. But over the longer term, tourism has been a success story—and forecasts suggest continued growth. That should surprise no one. Latin America's sheer diversity in scenic beauty, cuisine and cultures has combined with an increasingly sophisticated domestic industry to cater to every kind of traveler. Since 2006, tourism's direct contribution to GDP in Latin America has grown by 7 percent in real terms—more than double the world average—to reach an estimated $134 billion in 2011. This figure, which is projected to rise to $224 billion in 2022, includes revenue generated by tourism-oriented services such as hotels and airlines, as well as restaurant and leisure industries that cater to tourists. Forecasts for this year suggest tourism's direct contributions will grow by 6.5 percent, behind only Northeast and South Asia (6.7 percent).
Topic:: Economics
Political Geography:: United States, Brazil, and Latin America

8. Not Poor, But Not Middle Class Yet

Author:: Luis Felipe Lopez-Calva
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: During the first decade of the twenty-first century, Latin America's increasing prosperity and social progress have led analysts to conclude that historic change is taking place. Indeed, poverty in Latin America fell from 41.4 percent in 2000 to 28 percent in 2010, even at a time of global distress1—a result, in part, of both sustained economic growth and reductions in inequality. As a result, the focus in policy circles has switched to the role an emerging middle class can play in the region, both as an engine of growth and as the foundation for social cohesion and better governance. The key to understanding this shift is accurately defining the middle class in economic terms.
Topic:: Economics and Governance
Political Geography:: Latin America

9. Ask the Experts: Mining

Author:: Francisco Panizza, Jon Samuel, Anthony Hodge, Lisa Sachs, and Edwin Julio Palomino Cadenas
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: To secure a positive development outcome from mining, governments first need to create the conditions that will attract investment in new mines. This starts with open and honest means of allocating mineral exploration and development rights, the rule of law, a stable regulatory and fiscal regime, and openness to foreign investment.
Topic:: Economics and Government
Political Geography:: America

10. Dispatches from the Field: Ciudad Juárez

Author:: Joseph J. Kolb
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Documenting the return of civic and economic normalcy to a city under siege. Civic and economic life is coming back to a city once synonymous with gangland murders and violence against women. The lunch shift is in full swing at Viva Juárez restaurant. After a morning of shopping, pedestrians trickle into the popular eatery on Avenida Benito Juárez, where cooks chop onions and peppers at a formica counter and the aroma of carnitas wafts onto the sidewalk. The mood inside Viva Juárez and on the nearby streets is relaxed. But the bullet holes in the peeled and faded burnt-orange façade of the nearby Del Pueblo restaurant, closed down after a shooting, are stark reminders of the city's recent history as the “Murder Capital of the World.”
Topic:: Economics
Political Geography:: North America

11. The latest shift in Spain-Latin America migration — Chile's start-up ecosystem — Mexico's aviation parts industry

Author:: Aurora Garcia Ballesteros and Beatriz Cristina Jiminez Blasco
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Latin America has historically played an important role in Spain's migratory cycles—both as a sender and as a recipient. Spanish political immigration to the hemisphere surged following the Spanish Civil War (1936–1939) and again after World War II, when Spaniards flocked to Latin America for economic reasons. The flow reversed with the late-1980s economic crises in Latin America. Between 1996 and 2010, Latin Americans in Spain—measured by those who obtained Spanish citizenship—grew nearly tenfold, from 263,190 to 2,459,089. Now Europe's economic crisis, which has acutely affected Spain, is causing the flows to shift again. According to data from Spain's National Institute of Statistics (INE), for the first time in this century, more people are now leaving Spain than moving to it. Net migration in 2011 was reported at negative 50,090 people, with 507,740 leaving Spain and 457,650 arriving.
Topic:: Economics, Migration, and War
Political Geography:: Latin America and Spain

12. Latin America's Changing Global Connections

Author:: Leani García
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: There's no denying it; whether it's share of trade or percent of foreign direct investment (FDI) in the hemi sphere, the U.S.' economic presence has decreased. Even when the U.S. didn't slip a place in terms of a trade partner, its overall share of countries' imports or exports declined across the board, while other countries' increased—especially China's. In the same period, in Argentina and Brazil, the share of U.S. FDI declined by 22% and 27%, respectively.
Topic:: Economics and Foreign Direct Investment
Political Geography:: Brazil, Argentina, and Latin America

13. The Next Step: Latin America's Growing Economies

Author:: Alejandro M. Werner and Oya Celasun
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Latin America has bounced back economically in the past decade. Between 2002 and 2012, the region has seen strong and stable growth, low inflation and improved economic fundamentals. As a result, the weight of the region in global economic output increased from about 6 percent in the 1990s to 8 percent in 2012. With that has come a greater voice in the global economy.
Topic:: Economics
Political Geography:: Brazil, Latin America, and Mexico

14. Brazil's Second-Best Financial Strategy

Author:: Seth Colby
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: In November 2009, the cover of The Economist showed the iconic Christ statue overlooking Rio de Janeiro blasting off into outer space. This image, along with the cover headline, "Brazil Takes Off," represented the Carnaval-like euphoria about Brazil that infected journalists and financial markets at the time, buoyed by the country's impressive economic performance in the wake of the 2008 global financial crisis.
Topic:: Economics and Financial Crisis
Political Geography:: Brazil and Latin America

15. Andrew Selee on the road ahead for Mexico and the U.S. and Saskia Sassen reviews Moisés Naím's redefinition of power relations.

Author:: Saskia Sassen, Andrew Selee, and Moses Naim
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Two Nations Indivisible: Mexico, the United States, and the Road Ahead by Shannon O'Neil BY ANDREW SELEE Click here to view a video interview with Shannon O'Neil. No relationship in the Western Hemisphere is more critical for the United States than its relationship with Mexico. U.S. security is closely tied to Mexico's ability (and willingness) to strengthen its legal and judicial system, and to Mexico's economic potential. And conversely, an improving American economy will have an outsized impact on Mexico's future development. In Two Nations Indivisible: Mexico, the United States, and the Road Ahead, Shannon K. O'Neil, a senior fellow at the Council on Foreign Relations, provides both a readable recent history of Mexico and a cogent argument for why U.S. policymakers, business leaders and citizens should care about the future of their southern neighbor. In one of her more compelling passages, she imagines what it would be like if Mexico's economy were to take off as Spain's did in the 1980s and 1990s.
Topic:: Corruption and Economics
Political Geography:: United States and Mexico

16. Dispatches from the field: cúcuta, Colombia

Author:: Ramon Campos Iriarte
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Pimpineros BY RAMÓN CAMPOS IRIARTE Colombia's pimpineros struggle to survive in the shadowy, violent world of border gas smuggling. José, a tough-looking, dark-skinned man in his 40s, met me at a small restaurant in a crowded neighborhood in Cúcuta, capital of Colombia's Norte de Santander department, and a traditionally “hot” place for contraband and mafia violence. A leader of Sintragasolina, the gas workers' union, José agreed to see me only if we met in a public place in broad daylight to talk about the illegal fuel sellers—known as pimpineros—that he risks his life to defend. Pimpineros' livelihoods depend on the disparity between subsidized Venezuelan gas prices and the highly taxed Colombian ones. In towns like Cúcuta, poverty and violence have pushed entire neighborhoods to become “pueblos bomba”—“pump towns”—whose economies are based entirely on the smuggling, home storage and selling of pimpinas (five-gallon—19-liter—containers) of hydrocarbon-based products. Thousands of low-income Colombian families spend days and nights in their improvised street shacks, pouring gas through handmade funnels into their clients' tanks.
Topic:: Economics and Government
Political Geography:: Colombia

17. Eco-friendly mining in Colombia — Latinos in Nevada — A network for Puerto Rico's diaspora — Engaging artists in New York City

Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Business Innovator: Felipe Arango, Colombia The Chocó region in western Colombia is one of the most mineral-rich places in the hemisphere. It is also ecologically rich, boasting species of flora thought to be unique to Chocó. But due to years of commercial gold and platinum mining that have leached mercury and cyanide into local rivers, the Chocó region has also become one of the most threatened natural areas in the world. Felipe Arango has been working to change that. Arango, 34, is CEO of Oro Verde—an NGO based in Medellín, Colombia, that empowers local miners to use more ecologically friendly artisanal mining techniques. Founded in 2003, the organization purchases gold produced by certified artisanal miners, many of them Afro-Colombian, and sells it to socially conscious jewelers around the world. Oro Verde takes a 2 percent cut to fund its operations and administration, and contributes its profits and reinvested premiums to the protection of 11,120 acres (4,500 hectares) of tropical rainforest. Oro Verde's gold certification process, meanwhile, has influenced the development of a global “fair-trade, fair-mined” gold certification process.
Topic:: Economics, Government, and Human Rights
Political Geography:: New York and Colombia

18. U.S. seaport expansion — Dual-language instruction in the U.S. — Capital controls in the region

Author:: Kurt J. Nagle
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Infrastructure: U.S. Seaport Expansion BY KURT J. NAGLE U.S. seaports are in an enhancement and expansion mode. While the widening of the Panama Canal may serve as the catalyst for some of the anticipated $9.2 billion in annual facilities investment in the foreseeable future, this is only part of the story. Several other factors are propelling this huge investment of private capital into U.S. ports. One is the rebounding domestic economy: the value of U.S. exports has risen 70 percent and imports have increased by 53 percent since the first half of 2009. Another driver is the increasing overseas demand for U.S. exports, particularly among the growing middle class in Latin America and parts of Asia. In fact, in the next decade, total U.S. exports are projected to surpass imports for the first time in a generation. Yet another consideration is that manufacturing operations are returning to North America, a development known as “nearsourcing.” With rising labor costs overseas, a narrowing labor differential at home and long transit times to market, a Michigan-based AlixPartners survey conducted in 2012 found that 9 percent of manufacturing executives have already taken steps to “near-source” their operations, and 33 percent plan to do so within the next three years.
Topic:: Development, Economics, and Government
Political Geography:: United States, California, and North America

19. Celebrating Germany in Brazil — Dominica hosts the World Creole Festival — Tackling Mexico City's traffic jams —10 Things to Do in Antigua

Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Prost, Brazil! Grab a stein-full of caipirinha and stroll down to Ipanema beach in your lederhosen—it's Germany-Brazil Year in Brazil. The yearlong festival, aimed at deepening German-Brazilian relations, kicked off in May with the opening of the German-Brazilian Economic Forum in São Paulo. “Brazil is one of the most successful new centers of power in the world,” says Guido Westerwelle, Germany's foreign minister. “We want to intensify cooperation with Brazil, not only economically but also culturally.” It's no surprise that Brazil, the sixth-largest economy in the world, has caught the attention of Europe's financial powerhouse. Brazil is Germany's most important trading partner in Latin America, accounting for $14.2 billion in imports in 2012. With some 1,600 German companies in Brazil providing 250,000 jobs and 17 percent of industrial GDP, it's an economic relationship that clearly has mutual benefits.
Topic:: Security, Economics, and Environment
Political Geography:: United States, New York, Europe, Brazil, Germany, and Mexico

20. John Carey on Latin American populism — Adriana La Rotta on the narco years in Colombia — Nancy Pérez on Central American migrants

Author:: John Carey, Adriana La Rotta, and Nancy Perez
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Latin American Populism in the Twenty-First Century edited by Carlos de la Torre and Cynthia J. Arnson BY JOHN M. CAREY Legend has it that on his deathbed, Juan Domingo Perón, the former President of Argentina, uttered a curse condemning any would-be biographer to dedicate his or her career to defining populism. Or perhaps the curse was issued on the lost page of the late Brazilian President Getúlio Vargas' suicide note, or slipped in among the bills in an envelope passed surreptitiously by Alberto Fujimori to some Peruvian legislator, or whispered by the recently deceased Venezuelan President Hugo Chávez into the ear of his successor, Nicolás Maduro. No matter. Whoever first uttered the curse, it worked: political scientists studying the region have wrestled and been obsessed with the concept for decades. We want to write about populism. Indeed, we need to write about it, because populism is among the most important and persistent phenomena in modern Latin American politics. But because the populist label has been applied to such a broad array of phenomena, we are condemned to define it before we can embark on any serious analysis. Academic exactitude being what it is, this leads first to extended consideration of what others have held populism to be, followed by a self-perpetuating and seemingly inescapable cycle of judgment, distinction and justification.
Topic:: Economics and Migration
Political Geography:: United States, Argentina, Colombia, Latin America, and Central America

21. Dispatches from the field: Xaltianguis, Mexico

Author:: Nathaniel Parish Flannery
Publication Date:: 05-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Dispatches: Xaltianguis, Mexico BY NATHANIEL PARISH FLANNERY How armed housewives in the hills of Mexico are fighting back against narcotraffickers—without the state. View a slideshow from Xaltianguis, Mexico below. Angelica Romero, a middle-aged mother of two, views her reflection in the bedroom mirror. She tucks her blue T-shirt into her jeans, pulls her hair back in a ponytail, and slips a tan baseball cap onto her head. In black letters across the brim, it reads: “Citizen Police.” Only a few months earlier, residents of Romero's town, Xaltianguis, located in the verdant hills outside Acapulco, had been paralyzed by fear of kidnapping gangs, armed robbers and extortionists. But since the townspeople banded together to form a militia this summer, the crime wave has come to an end.
Topic:: Economics and Government
Political Geography:: Mexico

22. Celebrating Afro-Peruvian culture through dance — Bringing essential services to Detroit — Creating a global market for Guatemalan weavers — Bringing education to Chile's Indigenous people

Publication Date:: 05-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Arts Innovator: Luis Antonio Vilchez, Peru Watch a video of Luis Antonio Vilchez dancing in Times Square below. Passing through New York's Times Square one winter day in 2010, Lima native Luis Antonio Vilchez noticed a group of street percussionists playing a familiar Afro-Peruvian rhythm—and immediately decided to join them. Soon, a large crowd gathered as Vilchez, wearing a button-down shirt and a winter coat, burst into a dance performance that was so impressive even the drummers watched in awe. The same kind of impromptu creativity dominates Adú Proyecto Universal (Adú Universal Project), a nonprofit arts organization Vilchez founded four years ago to re-imagine Peruvian identity through dance, theater and percussion. Financed by money the group earns from its performances, Adú (which means “friend” in limeña slang) encourages its 20 members—all dancers—to combine different dance and music genres, crossing back and forth between tradition and modernity.
Topic:: Economics, Education, Government, and Politics
Political Geography:: United States and New York

23. Country Study: Colombia

Author:: Sebastian Agudelo and Diana María Ocampo
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: In Colombia's 2010–2014 National Development Plan, President Juan Manuel Santos listed the mining sector as one of the five engines of the country's economic growth, alongside infrastructure, housing, agriculture, and innovation. At the same time, the government recognized the need for regulatory, legal and policy instruments to make Colombia a regional powerhouse for mining and infrastructure.
Topic:: Agriculture, Economics, and Government
Political Geography:: Colombia

24. Reducing the Financial Risk of Social Conflict

Author:: Daniel M. Schydlowsky and Robert C. Thompson
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: The Peruvian economy has experienced exceptional growth in the past 10 years, with its GDP expanding at an average yearly rate of 6.5 percent. Much of this growth is due to the mining sector, which in 2012 accounted for 9.6 percent of Peru's GDP, 1.3 percent of its employment and 56.9 percent of its exports.
Topic:: Economics and Communications
Political Geography:: Peru

25. Speaking a Common Language with Latin America: Economics

Author:: Jose W. Fernandez
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: United States-Latin American relations have often suffered from a disconnect. While we stress security issues, the region's leaders speak of poverty reduction and trade. They resent being seen as afterthoughts to U.S. policies focused elsewhere. As a result, the region is sporadically open to new suitors, such as Spanish investors 15 years ago, or the Chinese today.
Topic:: Economics and Poverty
Political Geography:: United States, China, Latin America, and Spain

26. Ask the Experts: Consulta Previa

Author:: Sonia Meza-Cuadra, Katya Salazar, César Rodríguez-Garavito, and Roberto Junguito Pombo
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Governments aim to make decisions that will improve the economic and social development and welfare of their citizens. But historically, decisions affecting Indigenous and tribal people's culture, ancestral lands and habitats have too often been made without their participation. ilo 169 and the UN Declaration on the Rights of Indigenous Peoples seek to redress this situation.
Topic:: Economics, Government, Human Welfare, and Culture
Political Geography:: United Nations

27. Guatemalans returning home from the U.S. face unemployment, a maze of red tape—and social stigma. (slideshow available)

Author:: Michael McDonald
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Dispatches: Guatemalan Migrants BY Michael Mcdonald Guatemalans returning home from the U.S. face unemployment, a maze of red tape—and social stigma. (slideshow available) Read a sidebar about voluntary return migration. Read a sidebar about the stigma that return migrants face. View a slideshow of return migrants in Guatemala below. Fidelino Gómez remembers fondly the years he spent in Iowa, where his middle child was born. Standing outside his one-room wood home in his native Guatemala, Gómez, 34, thumbs through pictures he took of the Mississippi River, snowy Midwest winters and gatherings with family and friends. He recalls easier times. “We lived well,” Gómez says under the searing sun. “We could feed our children, pay our bills, and we still had money left over.” From 2004 to 2008, Gómez and his wife María earned roughly $7 an hour working at Agriprocessors Inc., a slaughterhouse and meatpacking plant in Postville, Iowa. The money was more than they ever imagined as subsistence farmers back home. But the family's dream was cut short when United States immigration officials raided the plant in May 2008, arresting hundreds of undocumented Guatemalan workers and deporting them. Now, like more than 100 other families deported after the Postville raid, they struggle to eke out a living back in the economically depressed farming village San José Calderas, some 40 miles (64 km) west of Guatemala City. They grow corn and beans to feed their loved ones and do odd jobs, scraping by on the equivalent of between $15 and $30 per month.
Topic:: Economics and Government
Political Geography:: United States and Guatemala

28. Robert A. Boland and Victor A. Matheson debate: Do megasports events contribute to economic development?

Author:: Robert A. Boland and Victor A. Matheson
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: The urgency and scale of hosting can provide a needed boost to public investment and transform a country's image, infrastructure and business conditions beyond the games. BY ROBERT A. BOLAND Do megasports events contribute to economic development? Yes Following the 2014 World Cup? Read more coverage here. In the next two years, Brazil will host the three largest mega sports events in the world: the 2014 FIFA World Cup this summer, and then the Summer Olympics and Paralympics in Rio in 2016. Other nations in the Americas and across the globe will be watching to see if Brazil's hosting duties lead to broad-based, lasting growth, or are merely an expensive distraction. While history provides examples of both scenarios, hosting such megaevents can provide lasting and transformative value, including to developing nations. Megaevents can accelerate the process of planning for and executing much-needed public investment, while the host countries or cities can rebrand themselves as safe for investment and trade, and as a destination for tourism. For democratic governments, the construction blitz around megaevents can cut through political deadlock, representing the best available chance to quickly bring about focused and necessary change. The ability to develop infrastructure that can improve the quality of life, health and economic strength of the host nation is key. Hosts with plans focusing on self-improvement, investment and the enlargement of existing assets tend to fare better than countries that simply build competition venues.
Topic:: Development and Economics
Political Geography:: America and Brazil

29. Ted Piccone on Cuba behind the scenes — Jim Swigert on narco money in election campaigns — Ariel Fiszbein reviews an analysis of community-managed schools in Honduras and Guatemala.

Author:: Ted Piccone, Jim Swigert, and Ariel Fiszbein
Publication Date:: 04-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Cuban Revelations: Behind the Scenes in Havana by Marc Frank BY TED PICCONE Popular interest in Cuba will continue to grow as Americans open their eyes and ears to one key fact: after 55 years, Cuba is changing. It is shifting from a highly centralized, paternalistic, socialist regime, both lauded and vilified for achieving social progress at the cost of democracy and civil liberties, to a hybrid system in which individual initiative, decentralization and some forms of limited debate are encouraged. As the Castro brothers prepare to leave the scene, they are handing power to a more institutionalized Communist party that maintains tight political control even as it liberalizes the economy. Marc Frank's new book, Cuban Revelations: Behind the Scenes in Havana, expertly captures this evolving terrain. He provides a clear and compelling guide to the transition from Fidel to Raúl Castro after the demise of the Soviet Union. Frank, currently a freelance journalist for Thomson Reuters and the Financial Times, deploys his two decades in Cuba and his extensive network of colleagues, friends and family (he is married to a Cuban) to explain to both seasoned and amateur observers why Cuba's leaders are embarking on a new path. This is no easy assignment. Nearly everything about life in Cuba today is complicated by Cuba's outsized role during the Cold War, the trauma of exile and the opaque nature of its regime. Despite Cuba's controlled media environment, Frank managed to open doors to information not readily available to others, a testament to his intrepid reporting.
Topic:: Economics and Governance
Political Geography:: America, Soviet Union, and Cuba

30. Anthony Spanakos looks at Venezuela befoAnthony Spanakos looks at Venezuela before Chávez — Roger-Mark De Souza examines Indigenous rights and Amazon oil conflicts — Johanna Mendelson Forman on new approaches to regional security.

Author:: Johanna Mendelson, Anthony Spanakos, and Roger-Mark De Souza
Publication Date:: 03-2014
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Venezuela Before Chávez: Anatomy of an Economic Collapse by Ricardo Hausmann and Francisco R. Rodríguez BY ANTHONY SPANAKOS During the 1970s, Venezuela was the richest country in Latin America. With the region's highest growth rates and the lowest levels of inequality, it was also one of the most stable democracies in the Americas. But starting in the early 1980s, things fell apart. The nation endured three coup attempts and one presidential impeachment. Per capita growth plunged, and mass protests became the norm. What happened? Venezuela Before Chávez: Anatomy of an Economic Collapse, edited by Ricardo Hausmann and Francisco R. Rodríguez, offers some intriguing answers. Pointedly departing from much of the current research (and political discussion) on Venezuela, which focuses on the 14-year presidency (1999–2013) of late President Hugo Chávez, the editors have assembled a distinguished group of experts with the aim not only of exploring, as they put it, the “enigma” of Venezuela's pre-Chávez collapse, but to explain why some countries go through such turbulence. The unexpected outcomes in Venezuela are used by the authors to challenge hypotheses that rely on big data analysis to explain economic collapse. While the explanation behind Chávez' rise to power may draw attention, as Venezuela continues to be rocked by internal conflict following his death, it is the book's second aim that makes it stand out as an important work of scholarship.
Topic:: Economics and Government
Political Geography:: United States

31. Global Poverty Amid Global Plenty: Getting Globalization Right

Author:: Dani Rodrik
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: To lift their people out of poverty, nations need to enter the global economy.
Topic:: Economics, Education, and Government
Political Geography:: Japan, China, and Asia

32. Social Exclusion and Political Change

Author:: Hauke Hartmann and Daniel Schraad-Tischler
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: When do inequality and economic frustration erupt into political turmoil?
Topic:: Economics and Politics
Political Geography:: Russia, Bahrain, and Slovakia

33. A Matter of Transparency: The Top One Percent in the Americas

Author:: Nora Lustig
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: It's time to measure the income share of Latin America's super-rich.
Topic:: Development, Economics, and Government
Political Geography:: United States, Canada, Argentina, and Latin America

34. The Dream Deferred

Author:: Marcelo M. SuÃ¡rez-Orozco
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Children are the unwitting victims of exclusionary policies toward immigrants. (video interview available)
Topic:: Security, Economics, and Financial Crisis
Political Geography:: America and Georgia

35. Political Representation, Policy Inclusion

Author:: Richard André, Ryan Berger, Nina Agrawal, and Wilda Escarfuller
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Do more Indigenous and Afro-descendant representatives in national congresses make a difference?
Topic:: Economics and Politics
Political Geography:: United States, Latin America, and Peru

36. The Hemisphere's Spaghetti Bowl of Free-Trade Agreements

Author:: José Raúl Perales
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: The hemisphere's free-trade agreements-and how to untangle them.
Topic:: Development, Economics, and Government
Political Geography:: Canada, Latin America, Caribbean, and Mexico

37. Generation Ni/Ni: Latin America's Lost Youth

Author:: JosÃ© Manuel Salazar-Xirinachs
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: How does the region economically and politically reengage a generation?
Topic:: Economics
Political Geography:: Latin America and Caribbean

38. Race and Ethnicity by the Numbers

Author:: Judith A. Morrison
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Why smart policies require better data. (video interview available)
Topic:: Development and Economics
Political Geography:: America

39. The Digital Divide and Social Inclusion

Author:: Mark Warschauer
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Wider access to computers in schools is no magic bullet.
Topic:: Economics and Communications
Political Geography:: America and Venezuela

40. The Next Step in Improving Equity: Tax Reform

Author:: Juan Pablo Jiménez and Isabel López Azcúnaga
Publication Date:: 05-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: To continue improving economic equality, governments have to address their progressive and ineffective tax systems.
Topic:: Economics and Reform
Political Geography:: Latin America and Caribbean

41. Time for a Strategic Reset

Author:: Elizabeth Economy
Publication Date:: 10-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Unless the leadership in Beijing changes course, it faces increasing isolation. (video interview available)
Topic:: Economics
Political Geography:: China and Beijing

42. Memo to Washington: China's Growing Presence in Latin America

Author:: Eric Farnsworth
Publication Date:: 10-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: U.S. complacency toward China's economic activities in the hemisphere is shortsighted.
Topic:: Development and Economics
Political Geography:: China, Washington, Latin America, and Caribbean

43. Going Places?

Author:: Barbara Kotschwar
Publication Date:: 10-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Asia leads Latin America in infrastructure.
Topic:: Development and Economics
Political Geography:: China, Asia, and Latin America

44. Guatemala's Military Man, Nicaragua's Revolutionary

Author:: Mike McDonald
Publication Date:: 10-2012
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: The newly elected leaders of Guatemala and Nicaragua are familiar. So are the problems they face.
Topic:: Economics and War
Political Geography:: Cuba, Central America, and Guatemala

45. The Opportunities and Challenges for President Dilma Rousseff

Author:: Roberto Setubal
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Gradually and firmly over the past 15 years, Brazil has consolidated a stable democracy, broken free from macroeconomic instability, and taken remarkable steps toward alleviating poverty and reducing a historically high level of income inequality. The country that welcomed Dilma Rousseff as its new president on January 1 is also the country that will host the 2014 World Cup and the 2016 Summer Olympics. Ms. Rousseff has a chance to push Brazil further along the road to development. To get there, she must maintain the achievements of the past and persevere in making the changes that Brazil needs. The opportunities are big—so are the challenges. Brazil's political, economic and social advances have paved the way for the development of a large consumer market. This puts the country in a position to benefit from today's global marketplace. Consumer spending in advanced economies is flattening out. At the same time, with their large potential consumer markets, emerging markets are becoming “consumers of last resort,” attracting an increasing share of global resources. Brazil is one of them. A new, larger middle class is now emerging. From 2003 to 2009, about 35.7 million people joined Brazil's middle-class income bracket. By 2014, Brazilian economists and business leaders estimate that another 30 million will have made that move. This development will have far-reaching implications for businesses, but also for society as a whole. Investment is very likely to rise in the years ahead. New projects now follow the expected consumer patterns of this new middle class. Investment is spurred by macroeconomic stability and other developments that have increased confidence and enabled a slow but steady decline in real interest rates. This has lowered the cost of capital and stimulated credit and capital markets. Investments will also increase for more specific reasons. First, the new deepwater oil fields will require vast financial resources and new technology, allowing Brazil's oil production to double by 2020. Second, pent-up demand for housing will be a catalyst for investment, since a significant number of Brazilians still live in sub-standard homes. Third, the World Cup and Olympics will require investments on a considerable scale. Preparing for these large sports events will benefit diverse sectors of the economy, through spending on ports and airports, urban transportation, sports facilities, hotels, telecommunications, energy, and security. Tourism is likely to benefit during the games, and also afterward. Nevertheless, with public and private domestic savings at their current low levels, Brazil will need to continue tapping external savings to finance growth. That means a larger current-account deficit and an exchange rate appreciated by capital inflows. Brazil will have to make the most of its available resources. It will be essential to create an environment that is conducive to private sector saving and investment. Ensuring stable macroeconomic conditions is critical. Remaining market-friendly in a well-regulated environment is also crucial for healthy and abundant financing. A well-established institutional design for regulatory agencies, which instills the necessary confidence that the private sector can undertake major, long-term projects, is indispensable. A great deal can be achieved through small but focused changes, instead of ambitious but often unrealistic regulatory agendas. The advance in credit regulation in Brazil is one such example. Developing a deeper market for private, fixed-income securities is important, but there needs to be a liquid secondary market, so that families have more confidence in extending the maturities on their investments. Just as we have such a market for equities, we can have one for fixed-income securities...
Topic:: Security and Economics
Political Geography:: Brazil

46. Puncturing the 4 Myths about Latin America

Author:: Raul Rivera
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Most people have grown used to thinking about Latin America as a region of marginal global importance: painfully poor, violent, politically and economically unstable and, to top it all, fragmented into some 20-odd countries, each one different from the other. So when Jerry Wind, founding editor of Wharton School Publishing, invited me to speak on Latin America at a Wharton conference aimed at senior U.S. executives, I wondered what a group of U.S. businesspeople would be interested to hear about the region. Who, after all, would want to do business in a place like that? But how accurate are those perceptions? As I prepared for my talk, my conclusion was: not much. Let's address the four principal myths about the region one by one. Myth 1: Latin America Really Does not Matter Economically To start, the territory of continental Latin America is larger than the U.S. and China combined, four times larger than the European Union, and seven times larger than India—a country roughly the size of Argentina. With almost every ecosystem represented, it is in fact the world's most biodiverse region, containing five of the world's ten most biodiverse countries. The region's bio-capacity (the biological productivity of the land measured in hectares per capita) is also larger than any other's. Witness the region's role in the global food chain: it is the largest producer of soybeans, coffee, sugar, bananas, orange juice, a leading fishmeal producer, and a major grain and meat exporter. Its mineral riches keep world industry running: silver, gold, copper, zinc, lead, tin, bismuth, molybdenum, rhenium, telurium, borium, strontium—you name it. And it produces one out of every six barrels of oil. In fact, much of the global community depends on Latin America's vast riches for its prosperity—indeed, for its survival. To that point: the Amazon basin plays a crucial role in the recycling of atmospheric carbon, absorbing one fourth of all global emissions. Latin America's population, now approaching 600 million, is twice that of the U.S. and significantly larger than the combined population of the European Union. Those numbers do not include some 50 million U.S. permanent residents and citizens who trace their origins back to the region (and keep close ties with it). By 2050, the region's population will have risen to an estimated 800 million. Latin America is not poor either. It boasts a per-capita GDP similar to the global average: $10,000. It is no richer or poorer than the rest of the world. In fact, 400 million people, or two-thirds of all Latin Americans, already belong to the global middle class, with their purchasing power fueling much of Latin America's growth. With some 200 million people still living in poverty, Latin America's poor are still numerous. But their ranks are declining fast, at a rate of 5 million a year over the past decade. As a result, its Gini coefficient improved by 10 percent between 2002 and 2008. In brief: the world's poor are now elsewhere—mainly in Asia and Africa. A population this large combined with average income levels have turned Latin America into the fourth largest economy in the world, with a regional GDP of some $6 trillion (purchasing power parity). That is larger than that of Russia and India's combined—larger, in fact, than that of any country or region other than the U.S., the EU and China. Not bad for a “region of marginal importance.” You could argue that Latin America's fragmentation into small, separate markets makes all the difference. But you would be wrong. As a result of the free-market reforms of the past decades, Latin America's economy is now the most open to trade in the developing world, with average tariffs down to 10 percent or less. Intraregional trade is booming. Most significantly, Chile, Colombia, Mexico, and Peru have signed bilateral free-trade agreements (with both the EU and the U.S., though Colombia's is waiting for the U.S. Congress' approval). These agreements are giving rise to a free-trade zone of some 200 million consumers, larger than Brazil and fully open to global trade. Surprisingly, it does not yet have a name—or a space among the BRICs. It will, though. Let's name these four countries the L-4 for now...
Topic:: Economics and Poverty
Political Geography:: United States, Europe, India, Brazil, Colombia, Latin America, Mexico, Chile, and Peru

47. What Happened to the North American Idea?

Author:: Robert A. Pastor
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Two decades ago, the leaders of Canada, Mexico and the United States forged an agreement that transformed North America from just a geographical expression to the world's most formidable economic entity. The North American Free Trade Agreement (NAFTA) eliminated most of the trade and investment barriers that had segmented the continent. Within a decade, trade among the three countries tripled and foreign direct investment (FDI) quintupled. By 2001, the three nations of North America accounted for 36 percent of the world product—up from 30 percent in 1994. And while many economists have waxed enthusiastic about the growing power of Brazil, U.S. trade with Mexico today is more than six times larger than its trade with Brazil. Unfortunately, since 2001 regional cooperation has stagnated. NAFTA, designed to expand trade and investment, has proven too limited in addressing the current issues facing the three countries. The time has come for the leaders of North America to recommit to regional integration if they want to effectively address the policy issues facing the region. For example, in the wake of the 2008 financial crisis, NAFTA can play a major role in job creation. A revamped agreement can potentially double exports and allow North America to once again compete with integrated markets in Asia and Europe. Beyond jobs, enhanced coordination and information sharing among NAFTA partners will allow for better control of immigration and the flow of illicit drugs across our borders. Finally, strengthening ties will begin to close the development gap between Mexico and its two neighbors, fortifying the economic and political bloc. The Rise and Fall of North America Though NAFTA has long faded from the headlines, the agreement's first years showed much promise. When the North American market was created in 1992, the impact was almost immediate. Contrary to the claim by U.S. presidential candidate Ross Perot that American jobs would be “sucked” into Mexico, the dramatic increase in North American trade coincided with the largest wave of job creation in U.S. history. Between 1992 and 2000, roughly 22 million jobs were added in the U.S., while trade with and FDI in Canada and Mexico grew more than 17 percent each year. The combination of expanded trade and investment meant that the three countries were actually making products together rather than just trading them. By combining U.S. capital and technology with Mexico's cheaper labor and Canada's abundant resources, the enlarged North American market experienced rapid growth, while Europe stagnated. From the onset of the U.S.-Canadian Free Trade Agreement in 1988 to 2001, trade among Mexico, Canada and the U.S., as a percentage of their trade with the world, leapt from 36 percent to 46 percent. The decline of the integration idea could be dated to the spring of 2001, when Presidents Vicente Fox of Mexico and George W. Bush of the U.S. met Canadian Prime Minister Jean Chrétien in Québec. Fox and his Foreign Minister Jorge Castañeda arrived with a suitcase filled with proposals, such as a North American Commission, a “cohesion” fund to reduce the development gap, a customs union and an immigration agreement. But Chrétien was not interested in including Mexico in Canada's talks with the U.S., and Bush rejected any new multilateral institution or fund. The opportunity for progress was lost. The share of trade among the three countries as a percentage of their trade with the rest of the world dropped from 46 percent in 2001 to 40 percent in 2009—almost to pre-NAFTA levels. The average annual growth of trade among the three countries declined by two-thirds, while growth of foreign direct investment decreased by one-half…
Topic:: Development and Economics
Political Geography:: United States, Canada, Brazil, North America, and Mexico

48. The Americas Go Glocal

Author:: Saskia Sassen
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: There is little doubt that the North-South axis remains dominant for Latin America's geopolitical positioning. But new relations are emerging and deepening at subnational levels, in turn creating new intercity geographies and challenging that geopolitical notion. These relations are a direct product of economic and cultural globalization. Some examples are the shift of migration from Ecuador and Colombia toward Spain rather than the U.S., the growing economic relations between Chinese businesses and organizations and São Paulo and Rio de Janeiro, and the emergent relations between these cities and Johannesburg, South Africa. The Internet has allowed a rapidly growing number of people to become a part of diverse networks that crisscross the world. And nongovernmental organizations (NGOs) from various parts of the world are establishing active connections over social struggles in Latin America. In other words, beneath the still-dominant North-South geopolitics, transversal geographies are growing in bits and pieces. One trend is the formation of intercity geographies as the number of global cities has expanded since the 1990s. These subnational circuits cut across the world in many directions. A second trend is the growth of civil society organizations and individuals who are connecting around the world in ways that, again, often do not follow the patterns of traditional geopolitics. The New, Multiple Circuits There is no such entity as the global economy. It is more correct to say there are global formations, such as electronic financial markets and firms that operate globally. But what defines the current era is the creation of numerous, highly particular, global circuits—some specialized and some not—interlacing across the world and connecting specific areas, most of which are cities. While many of these global circuits have long existed, they began to proliferate and establish increasingly complex organizational and financial foundations in the 1980s. These emergent intercity geographies function as an infrastructure for globalization, and have led to the increased urbanization of global networks. Different circuits contain different groups of countries and cities. For instance, Mumbai today is part of a global circuit for real estate development that includes investors from cities as diverse as London and Bogotá. Coffee is mostly produced in Brazil, Kenya and Indonesia, but the main place for trading its future is on Wall Street. The specialized circuits in gold, coffee, oil and other commodities each involve particular countries and cities, which will vary depending on whether they are production, trading or financial circuits. If, for example, we track the global circuits of gold as a financial instrument, it is London, New York, Chicago, and Zurich that dominate. But the wholesale trade in the metal brings São Paulo, Johannesburg and Sydney into the circuit, while trade in the commodity, much of it aimed at the retail level, adds Mumbai and Dubai. And then there are the types of circuits a firm such as Wal-Mart needs to outsource the production of vast amounts of goods—circuits that include manufacturing, trading, and financial and insurance services. The 250,000 multinationals in the world, together with their over 1 million affiliates and partnership arrangements worldwide, have created a new pattern of relations that combine global dispersal with the spatial concentration of certain functions often while retaining headquarters in their home countries. The same is true of the 100 top global advanced-services firms that together have operations in 350 cities outside their home base. While financial services can be bought everywhere electronically, the headquarters of leading global financial services firms tend to be concentrated in a limited number of cities. Each of these financial centers specializes in specific segments of global finance, even as they engage in routine types of transactions executed by all financial centers. It's not just global economic forces that feed this proliferation of circuits. Forces such as migration and cultural exchange, along with civil society struggles to protect human rights, preserve the environment and promote social justice, which also contribute to circuit formation and development. NGOs fighting for the protection of the rainforest function in circuits that include Brazil and Indonesia as homes of the major rainforests, the global media centers of New York and London, and the places where the key forestry companies selling and buying wood are headquartered—notably Oslo, London and Tokyo. There are even music circuits that connect specific areas of India with London, New York, Chicago, and Johannesburg. Adopting the perspective of one of these cities reveals the diversity and specificity of its location on some or many of these circuits, which is determined by its unique capabilities. Ultimately, being a global firm or market means entering the specificities and particularities of national economies. This explains why global firms and markets need more and more global cities as they expand their operations across the world. While there is competition among cities, there is far less of it than is usually assumed. A global firm does not want one global city, but many. Moreover, given the variable level of specialization of globalized firms, their preferred cities will vary. Firms thrive on the specialized differences of cities, and it is those differences that give a city its particular advantage in the global economy. Thus, the economic history of a place matters for the type of knowledge economy that a city or city-region ends up developing. This goes against the common view that globalization homogenizes economies. Globalization homogenizes standards—for managing, accounting, building state-of-the-art office districts, and so on. But it needs diverse specialized economic capabilities. Latin America on the Circuit This allows many of Latin America's cities to become part of global circuits. Some, such as São Paulo and Buenos Aires, are located on hundreds of such circuits, others just on a few. Regardless of the case, these cities are not necessarily competing with one other. The growing number of global cities, each specialized, signals a shift to a multipolar world. Clearly, the major Latin American cities have circuits that connect them directly to destinations across the world. What is perhaps most surprising is the intensity of connections with Asia and Europe. Traditional geopolitics would lead one to think that Latin America connects, above all, with North America. There is a strong tendency for global money flows to generate partial geographies. This becomes clear, for example, when we consider foreign direct investment (FDI) in Latin America, a disproportionate share of which goes to a handful of countries. In 2008, for example (a relative peak of FDI), FDI flows into Latin America were topped by Brazil at $45.1 billion, followed at a distance by Mexico at $23.7 billion, Chile at $15.2 billion, and Argentina with $9.7 billion. On average, between 1991–1996 and 2003–2008, FDI in Brazil increased more than five-fold while tripling in Chile and Mexico. Among the countries in the Latin American and Caribbean region receiving the lowest levels of foreign investment in 2008 were Haiti, at $30 million; Guyana, at $178 million; and Paraguay, at $109 million. Globalization and the new information and communication technologies have enabled a variety of local activists and organizations to enter international arenas that were once the exclusive domain of national states. Going global has also been partly facilitated and conditioned by the infrastructure of the global economy…
Topic:: Economics, Government, and Non-Governmental Organization
Political Geography:: United States, New York, America, South Africa, London, Colombia, Latin America, Mumbai, Sydney, Ecuador, Dubai, and Chicago

49. Ask the Experts: The New Brazil and The Changing Hemisphere

Author:: Kevin P. Gallagher, Arturo Sarukhan, Anne-Marie Slaughter, and Kurt G. Weyland
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Do traditional models of international relations apply in Latin America?
Topic:: International Relations, Economics, Environment, and Government
Political Geography:: Brazil, Latin America, and Mexico

50. Sports Populism

Author:: Simon Kuper
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Fans like their teams—but not necessarily the politicians who support them.
Topic:: Economics
Political Geography:: Latin America

51. Brazil's Long To-Do List

Author:: Andrew Zimbalist
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Can Brazil build the massive infrastructure it needs to host the Olympics and the World Cup?
Topic:: Corruption, Development, Economics, and Government
Political Geography:: Brazil

52. It's Not Your Grandfather's Hemisphere

Author:: Arturo Valenzuela
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: The U.S. moves beyond traditional diplomacy.
Topic:: Diplomacy and Economics
Political Geography:: United States

53. Covering Sports in Latin America

Author:: Lisa Delpy Neirotti and Jeffrey Bliss
Publication Date:: 06-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: No abstract is available.
Topic:: Economics and Government
Political Geography:: United States, Europe, and Latin America

54. Latin America's Middle Income Trap

Author:: Eva Paus
Publication Date:: 01-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: Economic success has left many countries unable to compete with either low-wage exporters or high-tech producers.
Topic:: Economics
Political Geography:: Middle East and Latin America

55. A construção da sociedade do trabalho no Brasil: uma investigação sobre a persistência secular das desigualdades

Author:: Paulo Sotero
Publication Date:: 01-2011
Content Type:: Journal Article
Journal:: Americas Quarterly
Institution:: Council of the Americas
Abstract:: No abstract is available.
Topic:: Economics
Political Geography:: United States and Brazil

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