With Latin America headed for an unprecedented economic contraction, here are three expert predictions on the effects of COVID-19 on regional economies.
The COVID-19 pandemic hit Latin America at an extremely difficult time for its economies. Facing the virus will be an unprecedented economic and political challenge for the region.
The U.S. has introduced several measures aimed at facilitating investment in energy and infrastructure in Latin America. The new approach is a sensible way to make use of the U.S.’s limited toolkit to match China’s expanded reach in the region.
While the coronavirus clearly triggered an economic meltdown, it would be an egregious error to solely attribute the economic decline to the virus itself.
¿Podrá lograr Fernández renegociar exitosamente la deuda con acreedores privados? El objetivo de hacerlo antes del fin del primer trimestre parece algo difícil, pero es posible pensar en cuatro escenarios alternativos, con distintas consecuencias políticas y económicas.
With the discovery of new oil reserves, Suriname must work on developing better governance in its institutions, particularly its central bank, or risk mismanaging that newfound wealth.
Although the China-Guyana relationship has deep roots, Guyana’s government must safeguard its own interests against a potentially overwhelming Chinese presence.
Paraguay’s concentrated focus on the Chaco is a reversal of long-standing regional geopolitics, but the viability of transforming the dry and desolate western half of the country into a hub of regional integration is uncertain.
Although the “phase-one” trade deal has reduced global uncertainty to a certain extent, it’s hard to say whether the alleviation of the trade war will benefit Latin America over the long term.
Looking ahead, the year might not be an easy one for Brazilian President Jair Bolsonaro; the economy, institutional chaos, corruption and an opposition that could be reorganizing itself, among other issues, will give him more than just a headache.
