A region reacts as Secretary Blinken departs San José

Global Americans convened a panel of regional experts and analysts to weigh in on the implications of Blinken’s visit to Central America, seeking to answer the following questions: What can Costa Rica teach its Central American neighbors with respect to economic stability and transparent governance? How should the U.S. balance its hemispheric national security priorities with the thorny quandary of calling out democratic vulnerabilities and shortcomings? And, generally, which way forward for U.S.-Central American relations once Secretary Blinken has departed San José?

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The dramatic Latin American crisis

The projections of all international organizations and private analysts indicate that Latin America’s economy will only partially recover in 2021. As economic growth during the quinquennium prior to the current crisis was close to zero, the region is immersed in a new lost decade.

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Private sector involvement is key for Colombia to meet its environmental goals

The Colombian government has hinted at its interest in attracting the private sector to collaborate on its plans for energy transition, green growth, and environmental protection, but has not yet spent the time and political capital that will be necessary to get industrial interests on board. Will President Duque seize the moment? And will the private sector take the lead or take a backseat, waiting until Colombia’s political environment changes?

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Capitalizing on COVID-19’s digital potential in Latin America

The COVID-19 pandemic has demonstrated that the future is digital. As a result, it has highlighted the transformative power of technology for Latin America and the Caribbean, and accelerated its digital transformation, not only in leading start-up markets like Argentina, Brazil, Colombia, and Mexico, but throughout the entire region.

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Mission impossible? A look at Colombia’s proposed tax reform

After several months of waiting, the Colombian government unveiled a tax bill intended to address the fiscal and social crisis triggered by the COVID-19 pandemic. However, the proposed bill has not been well-received, and the following verdict has been almost unanimous: the proposal punishes the Colombian middle-class and jeopardizes economic recovery. Unless an agreement is reached in Congress in the coming months, Colombia could risk its post-pandemic socioeconomic recovery.

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Brazil’s rising oil production

Brazil produced an average of 2.94 million barrels of oil per day in 2020. The South American country is now the seventh-largest crude oil producer in the world, and the largest in Latin America, with current trends indicating further growth for Brazil’s oil industry.

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China’s advance in Panama: An update

This piece examines the evolution of China’s position in Panama under the Cortizo government. It finds that China’s advance has suffered significant, if not necessarily enduring, setbacks under Cortizo, reflecting a combination of enhanced legal scrutiny, problems inherent to the Chinese projects themselves, and the adverse effects of the pandemic and corruption on the commercial and administrative environment in the country.

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