The Economist Intelligence Unit Latin America Outlook 2024

Political risk persists, but investment opportunities Surge Executive Summary of Content: Democracy is on the ballot in key elections in 2024 Still-tight global financing conditions will weigh on the growth outlook El Niño will bring even more disruption Critical mineral development will gather steam Nearshoring will present more opportunities amid global fragmentation Major infrastructure programmes …

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Latin America is on an unknown course.

Ricardo Pascoe Pierce Simplifying what is happening in Latin America in political, economic, and social terms leads to a failure to perceive long-term trends. Instead, analyses tend to start from immediate circumstances to extrapolate long-term trends. A first warning is that simplifying trends into “left” …

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Foreign Policy: Only for Anti-Democracy Friends.

Ricardo Pascoe Pierce AMLO’s foreign policy has failed because it promotes an authoritarian ideology that most countries in Latin America do not accept. Examples abound, including his new “Latin American anti-inflation plan”, based on rhetorical, simplistic, and ideological ideas about the origin of inflation, as …

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AMLO, Petro: War on Drugs?

Ricardo Pascoe Pierce After a reported “five-hour” conversation, the Presidents of Mexico, Andrés Manuel López Obrador, and Colombia, Gustavo Petro, announced an agreement to reconsider the strategy to fight drugs. They apparently decided that the fight against drugs, driven mainly by successive US governments, has …

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Mexico as a Declining Power

Ricardo Pascoe Pierce The Brazilian candidate to head the Inter-American Development Bank, Ilan Goldfajn, won the leadership in an election that pitted two Latin American giants, Mexico and Brazil, against each other. Goldfajn won the election with 80.08% of the votes cast. Argentina, which had …

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A Testimonial from Chile

Ricardo Pascoe Pierce The result of the Constitutional referendum in Chile, with 88% of the ballot boxes counted: 38% Approve, 62% Reject. Early in the morning and, therefore, when the voting continued, I received this testimonial from Patricia Morales, founder and former President of Chile’s …

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