In addressing the root causes of migration, building allies, developing markets, and advancing U.S. interests, the Inter-American Foundation provides the best return on U.S. investment in Latin America. Yet the Trump administration wants to end it.
The problem isn’t that domestic investors are treated any differently in Venezuela than foreign investors. All investors are subjected to the same arbitrary set of rules and regulations. Restoring the country’s productivity requires re-establishing predictability and respect for private property.
Cuba is experiencing a wave of U.S. “unofficial” tourism. Even as the hidebound communist regimes claims it isn’t looking for U.S. investment, the contact with tourists and U.S. communications are changing Cuba from the bottom up.
Given Latin America’s woefully inadequate infrastructure, China’s plans to invest in roads and rails is a welcome opportunity. The question becomes, though, under what conditions for bidding and procurement and the protections for community land rights.
