Latin America Update, March 2014
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
With elections scheduled in seven Latin American countries, 2014 will be a year of significant political developments in the region. As we enter 2014, Gateway House examines the important events that defined Latin American politics and economy in 2013
As India looks to diversify its sources for energy imports and grapples with food security issues, it is looking more towards Latin America. Gateway House interviews Ambassador Deepak Bhojwani to discuss India’s prospects with this increasingly significant region.
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
Gateway House prepared a Global Stability Map, using 20 differing indicators, to analyze the stability of 60 countries around the world. Using criteria that are important to the emerging economies of the world, the map provides an Indian perspective of the world today.
Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.
While the ouster of Paraguay’s president is a setback to the young democracy of the country, it shouldn’t be viewed as a repeat of Latin America’s history of coup d’états. The painful process of democratic maturity will continue, albeit slowly.
As the Arab world remains engulfed in protests, there may be lessons to be learned from other recent democratic converts. Latin America’s growth story may provide the Arab world with some recommendations on how to address socio-economic issues in the post-revolution scenario.