The Americas Archive

On July 14, Xi Jinping began his second official visit to Latin America as president of China. The trip touches off with Xi’s participation in the sixth BRICS summit in Fortaleza, Brazil, which begins today. After this meeting of emerging market leaders, Xi will attend a Community of Latin American and Caribbean States (CELAC) meeting in Brasilia, followed by visits to Argentina and Venezuela, where China maintains substantial energy-related interests. Xi’s Latin America tour will conclude on July 23 after a stop in Cuba. Xi’s trip is largely consistent with China’s previous state visits to Latin America. Brazil, Argentina, Venezuela […]

The high cost of major military programs, like the F-35 Joint Strike Fighter and the next-generation ballistic missile submarine, is a continuous source of headaches as the Obama administration struggles to balance the books. Successive administrations and Congresses have tackled the ways in which the U.S. military buys things, often with little effect. Yesterday the Pentagon made the case to Congress for a different approach for keeping costs down: empowering the people who actually purchase weapons and equipment for the military. Testifying before the House Armed Services Committee, Frank Kendall, the undersecretary of defense for acquisition, technology and logistics, acknowledged […]

The collapse of the Iraqi army as it faced an extremist onslaught shocked many Americans, particularly those who had worked hard to help create it. The $25 billion of American money and seven years of intense effort seemed wasted as four of Iraq’s 14 divisions simply crumbled. In Washington, flustered policymakers and military leaders scrambled, searching for an effective response and trying to understand how the disaster happened. In the flurry of finger-pointing, pundits and politicians missed the bigger issue: The slow reaction to Iraq’s failure is one more manifestation of a deep flaw in the way Americans think about […]

Australia’s new senate is working to repeal the country’s unpopular carbon tax. In an email interview, Shi-Ling Hsu, the Larson Professor of Law at the Florida State University College of Law and author of “The Case for a Carbon Tax: Getting Past our Hang-ups to Effective Climate Policy,” discussed the role of carbon taxes in national climate change policies. WPR: What successful steps have governments taken around the world to limit carbon emissions, either through a carbon tax or other regulations? Shi-Ling Hsu: Governments have taken a wide variety of steps to limit greenhouse gas emissions, but most have been […]

With political unrest ongoing in Venezuela, calls for making President Nicolas Maduro’s government pay a price for its harsh handling of the crisis are gaining ground in Washington. Congress is considering legislation to impose targeted or smart sanctions against officials in the Maduro government responsible for human rights violations against demonstrators during the protests that shook the country in February and March. But the Obama administration is reluctant, hoping to avoid being drawn into the hornet’s nest between the government and the opposition. Two things shape the administration’s logic. First, the Venezuelan opposition, despite its divisions and limited options for […]

Late last month, the White House unveiled a request for $65 billion in additional spending for the war in Afghanistan and other defense programs, on top of the approximately $500 billion in the Pentagon’s base budget. Over $58 billion of that request would fund the Pentagon’s Overseas Contingency Operations (OCO), which cover military activities that would have previously fallen under the Bush-era rubric of the war on terror. The rest would go to the State Department. The OCO request, which is more than $20 billion less than the placeholder amount in the fiscal year 2015 budget request announced last March, […]

The Syrian war, currently overshadowed by its offshoot in Iraq, remains a ruinous blight on international diplomacy. Nearly half a year after the furiously hyped but fundamentally hopeless peace talks between the government and moderate rebels in Geneva, no end to the fighting is in sight. President Barack Obama has requested $500 million from Congress to train and equip rebel forces, suggesting that he is resigned to an extended proxy war with Russia and Iran, which continue to assist Damascus. Yet while the Geneva talks petered out in February, remnants of international cooperation over Syria have survived. Moscow and Washington […]

On June 22, India announced that it had ratified an additional protocol with the International Atomic Energy Agency (IAEA), marking the country’s latest measure to implement a controversial nuclear cooperation agreement reached with the United States in 2008. However, this marginal step forward should not obscure the fact that the pact has yet to produce the promised economic benefits for the two countries. Meanwhile, its strategic benefits have been decidedly mixed, including striking a significant blow to the nonproliferation regime. Between 2005 and 2008, the Bush administration and the Indian government reached agreement and won support in their legislatures and […]

In retrospect, Venezuela’s shortage of toilet paper, which began in September 2013 and continues today, was an ominous sign. Venezuelans, even the most ardent admirers of the late President Hugo Chavez, now admit that it was a troubling metaphor for all that ailed the nation. President Nicolas Maduro, Chavez’s anointed heir, has struggled from the moment his mentor named him as his successor. He faced countless crises: an economy circling the drain, crime rates skyrocketing and huge protests from the opposition. And that was just the beginning. Now his popular approval ratings have taken a sharp nosedive amid a worsening […]

In remarks at the U.S. Embassy in Manila early last month, U.S. Ambassador to the Philippines Philip Goldberg praised the elite counterterrorism unit sent to advise the Philippine military after the attacks of 9/11, known as the Joint Special Operations Task Force Philippines (JSOTF-P), as having “gained the trust and earned the respect of our host nation partners.” The unit, he pointed out, was also the “first element of the U.S. Armed Forces to deploy” to areas affected by last November’s typhoon. But after more than a decade in the Philippines, the United States is phasing out the task force. […]

Last week, the Stimson Center, an important Washington think tank that studies global security, released a major report on U.S. drone policy. This was noteworthy both because the topic is such a hot one and because of the stellar cast involved. The task force that produced the report was led by retired Gen. John Abizaid, former commander of the U.S. Central Command, and Georgetown University law professor Rosa Brooks, who recently served as counselor to the undersecretary of defense for policy. The other task force members also brought deep and wide-ranging experience in the military, security policymaking, law enforcement and […]

Multilateral development banks (MDBs) have long played an important role in international development finance. Subregional development banks (SRDBs) have had a more limited function, until the emergence of a few dynamic institutions in recent years. This paper explores the origins of MDBs and SRDBs; considers key issues and trends in their purpose, governance and financing; and explores challenges and opportunities that MDBs and SRDBs face in a changing global development environment. Origins of Multilateral and Subregional Development Banks The current international monetary and development architecture has a long history, going back to the establishment of the International Monetary Fund and […]

The financial industry is commonly described as one of the most influential in politics. The numbers certainly support this impression. In terms of lobbying expenditures in the United States, the banking sector outspent even the health care sector. Few industries have comparable resources available and have been able to establish such a strong institutional presence. In many countries, top bankers and high-ranking public officials meet frequently; revolving doors between the two worlds are common; and the technical complexity of financial regulation makes consultation with the industry at all levels of decision-making a necessity. Accordingly, commentators in the media and academia […]

On June 15, Juan Manuel Santos emerged as the victor of a close and contentious battle for the Colombian presidency. He ran on a campaign promise to continue the peace talks he started with the country’s main leftist guerrilla army, the Revolutionary Armed Forces of Colombia (FARC), in November 2012. His re-election, Santos declared, was proof that Colombian voters had given him a mandate for peace and wanted to complete the process. Santos’ second-round victory relied in large part on the support he received from most of the established segments of Colombia’s political left, which, though historically not a major […]