Latin America Delivers A Swift Kick

April 30, 2012 by

On one level, April’s hemispheric summit meeting was an old fashioned butt kicking for Washington’s policies in the region. The White House found itself virtually alone—Dudley Do Right Canada its sole ally—on everything from Cuba to the war on drugs. But the differences go deeper than the exclusion of Havana and the growing body count in Washington’s failed anti-narcotics strategy. They reflect profound disagreements on how to build economies, confront inequity, and reflect a new balance of power in world affairs.

Risk with Great Reward in South America

April 12, 2012 by

For hundreds of years, South America has provided much of the world with essential natural resources. The global nature of the world economy, coupled with the development of South American countries and turbulence in the Middle East presents South America as an alternative to dependency on oil from far flung, sometimes adversarial areas of the world.

Argentina’s Economic Policy: Failing to Learn from History

March 28, 2012 by

Argentina is heading toward its second economic crisis in just over a decade and national leaders are unwilling to publicly acknowledge that the country’s growth is unsustainable. Since the country’s economic collapse a decade ago, President Nestor Kirchner (2003-2007) and President Christina Fernandez de Kirchner (2007 – present) have allowed the national economy to function without interference or direction.

Life after Zoellick: will there be a new world order at the World Bank?

February 27, 2012 by

When World Bank President Robert Zoellick announced his resignation last week, a surprising number of names emerged as contenders for the Bank’s top job. Zoellick’s resignation doesn’t come into effect until July, so there’s plenty of time for political maneuvering. Traditionally, the president of the International Bank for Reconstruction and Development – better known as the World Bank – has been an American appointee.

Protecting Progress: South America’s Battle with Chevron

February 19, 2012 by

The oil spill 230 miles off Brazil’s coast last November was, when compared to other international environmental disasters, relatively small and easily contained. What captured the world’s attention was not the spill itself, but the Brazilian government’s reaction. Domestic and international criticism concerning the penalties levied against Chevron focused primarily on the disparity between the leak’s size and the nearly $20 billion in fines currently being fought over in civil court.

War of Words over the Falklands

February 19, 2012 by

Recently, Argentina and the United Kingdom found themselves in a diplomatic row over the Falkland Islands regarding their respective claims of sovereignty over this small piece of real estate. The diplomatic curfufle began last Tuesday when Cristina Fernández de Kirchner, the president of Argentina, accused the U.K. of militarizing the Falklands with the planned deployment of the HMS Dauntless off its coast.

Latin American Success: A Case for Comparative Advantage

February 7, 2012 by

The innovation and integration set in motion throughout Central and South America over the past decade is replacing the notion that effective market strategies must be devised within the zero-sum framework. Unifying socio-political schemes and initiating region-centric policies has made regional comparative advantage Latin America’s primary focus over the past decade.

New Regional Organization is a Big Step Forward for the Hemisphere

December 27, 2011 by

Although most Americans have not heard about it, a historic step toward changing this hemisphere was taken three weeks ago. A new organization for the region was formed, and everyone was invited except the U.S. and Canada. The new organization is called the Community of Latin American and Caribbean States (CELAC).

Greece in 2011: Argentina in 2002 Redux?

December 14, 2011 by

The Greek tragedy of sovereign debt, the overlay of a potential for regional recession, social turmoil, perceptions of structural corruption, and political theatrics and brinkmanship is all too familiar. This is reminiscent of Argentina in 2002, which remains the largest sovereign debt default in economic history.

Street Recyclers Resist Green Initiatives

September 22, 2011 by

Recycling in Buenos Aires happens by night. As the sun goes down, the city’s sidewalks and street curbs are taken over by “urban recyclers,” more commonly known as cartoneros, for the carton, or cardboard, they dig out of the trash. They rip open bags, take whatever material they can sell, and leave the rest. They are a nightly reminder that not everyone has a place in Argentina’s formal economy, yet they provide a valuable service as the only functional recyclers in South America’s second largest city.

Oil and the Falklands - the Saga Continues

September 22, 2011 by

Like some dimly remembered Gilbert and Sullivan operetta, pitting Hardy British tars against perfidious foreigners, the Falklands periodically recycles into the gaze of bemused international observers every decade or so. Since the brief 1982 war between Argentina and Britain, the issue of sovereignty of the Falklands has lurked beneath the internationals diplomatic surface, an irritant but hardly threatening to reignite a new round of hostilities.