One of the subjects dominating discussions of Latin American politics this year has been the June 30 revelation that Venezuelan President Hugo Chávez is being treated for cancer. Very little is known about his illness, other than the not-so-encouraging news that he has received four, possibly five, chemotherapy treatments, most them in an undisclosed location in Cuba. A bombshell accompanied by such secrecy has raised speculation about the future of Venezuelan politics. It seems that all scenarios, ranging from Chávez’s death to his full recovery, are possible, which makes the presidential election scheduled for October 2012 one of the most [...]
In-Depth
Recent developments in South America have upended the United States’ historical — and often misguided — tendency to lump the region into a one-size-fits-all policy. A politically and economically muscular Brazil, the rise of an anti-American bloc of countries led by Venezuela, and the emergence of economic and even political extraregional rivals in the hemisphere have created a more diverse, independent and contentious region for the United States. At the same time, the looming shadow of a double-dip U.S. recession and the spectacle of partisan intransigence leaving Washington paralyzed have led to an overwhelming impression across the region that the [...]
In June 2011, Ollanta Humala was elected president of Peru after campaigning on a platform of change. Significant for Peru, but also for South America more broadly, Humala advocated for moderate, not revolutionary, change — calling for a better and fairer distribution of the fruits of Peru’s impressive economic growth and for lower levels of corruption and crime. That kind of program won’t entail upending the prevailing system. It will, however, require serious institutional reform. The Peruvian case dramatically illustrates wider trends in South America, where sustained economic growth and sound macroeconomic policymaking in recent years have coexisted with continuing [...]