As the sun sets on Latin America’s commodities boom, news from the region is rarely good. Brazil is impeaching its president. Venezuela is steeped in the worst economic and political crisis in its history. And drug wars still roil Mexico and much of Central America. Populism is alive and kicking in many countries, and the source of the next potential source of economic prosperity is uncertain. Even Chile, long the region’s model of democratic transition and economic and social progress, is experiencing its deepest political crisis since the return of democracy in 1990. President Michelle Bachelet’s approval ratings, along with […]
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In this week’s Trend Lines podcast, WPR’s editor-in-chief, Judah Grunstein, and host Peter Dörrie discuss the challenges facing President Maurico Macri’s reforms in Argentina, Mozambique’s hidden debt crisis, and land protests in Kazakhstan. For the Report, Denise Natali joins us to talk about how the Syrian war has impacted the country’s Kurds and their prospects for autonomy. Listen:Download: MP3Subscribe: iTunes | RSS Relevant articles on WPR: Macri’s Moment: Can Argentina’s New President Live Up to the Hype? Massive Debt Revelation Another Blow to Mozambique’s Economy Kazakhstan’s Unprecedented Land Protests Only the First Wave of Discontent? Can Syria’s Kurds Leverage War […]
Argentina’s new president, Mauricio Macri, is creating a buzz on the international circuit, but he won’t have an easy time installing a new paradigm in a deeply divided society. On March 24, Argentina marked the 40th anniversary of the military coup that ushered in a brutal seven-year dictatorship in 1976. As has become customary, tens of thousands marched on Plaza de Mayo, in central Buenos Aires, to remember the atrocities of that era and chant the universal slogan, Nunca Mas—Never Again. But this year, the march was different. Just 24 hours earlier, the same historic square had been adorned with […]
Editor’s note: This article is part of an ongoing WPR series on the impact of corruption and various countries’ efforts to combat it. Last week, a prosecutor in Argentina asked for an investigation into illegal enrichment allegations against former President Cristina Fernandez de Kirchner and her son. In an email interview, Manuel Balán, an assistant professor at McGill University, discussed Argentina’s fight against corruption. WPR: How big a problem is corruption, both low- and government-level, in Argentina, and to the degree it is one, how does it manifest itself in daily life? Manuel Balán: There is generally a great deal […]
Venezuela’s unraveling is gathering speed. The country is now on course for an extended period of uncertainty, with a probably momentous and possibly dangerous outcome lying in wait. This does not come as a surprise. A few months ago, I described Venezuela’s shambolic start to what promised to be a dramatic year. That was not a risky prediction. Anyone watching the country’s trajectory could see disaster coming. The question now is, How will this end? A number of possible scenarios come to mind, some of them very troubling. The events of the past few days mark a sharp escalation in […]
The past year has been a tumultuous one for South America. The collapse in commodities prices, a series of corruption scandals and changing ideological tides have all combined to upend a lengthy period of prosperity and stability. In particular, the leftist ideologies that had been ascendant over the past decade and a half seem to be losing steam. The following articles are free for nonsubscribers until May 19. Brazil’s Crisis of Confidence Amid Impeachment Saga, Will 2016 Be Another Lost Year for Brazil? Writing in January, João Augusto de Castro Neves argued that while impeachment was unlikely in the short […]
Editor’s note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries. Last week at a mining industry event, Chilean President Michelle Bachelet gave a speech about the need for Chile to create a “post-copper economy.” In an email interview, Leonardo Letelier, the director of the Institute of Public Affairs at the University of Chile, discussed the impact of the commodities bust on Chile’s economy. WPR: How important are commodities for Chile’s economy, and what impact have falling commodities prices had on the economy and in turn domestic politics? […]