Courtesy: Wikipedia
The recent decision of Brazil's lower house of parliament to impeach President Rousseff has once again brought attention to the country's struggles with corruption. The crisis has already affected Brazil’s economy. Its impact on the region and on Indian businesses in the country is yet to be seen.
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The Latin American region already identifies with India through its pop culture, so India needs to capitalise on this goodwill to deepen its diplomatic relations with the region.
Courtesy: Wikipedia
Despite major political change in Brazil, Argentina, and Venezuela due to global economic tumult, it may be premature to speak of a rightward shift in Latin American politics. Yet, developments in these democracies need to be monitored carefully as India has a stake in their political stability.
Courtesy: Presidencia Ecuador / Flickr
The Ecuadorian president’s first-ever state visit to India this month was cancelled, possibly because four of seven helicopters supplied by HAL to Ecuador have crashed. But this hurdle can be overcome, and ties between the two countries can expand beyond defence and oil to sectors such as pharma, IT, and agribusiness.
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The 14 March protests is the latest in a series against corruption in Brazil. While the government is acting, the political and economic environment will continue to deteriorate until it is rooted out.
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The nature of the sweeping victory of AAP and Kejriwal may be unprecedented in India but not in Latin America. In Brazil, Mexico and Colombia, there are lessons for AAP and Arvind Kejriwal as they assume power in New Delhi – and also for the Congress Party as well as the BJP
Courtesy: globalsherpa.org
The Indian government has undertaken a massive financial inclusion scheme to bring bank accounts to the poor. But poverty alleviation needs to be addressed at multiple levels for which the Latin American example of using targeted and customised conditional cash transfer programmes can help India
Courtesy: Yale University Press
Michael Reid's book argues that Brazil, a nation that was built by a top-down elite, is now moving to a new phase of a bottom-up approach to political and economic reform
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The agreement signed at the Climate Change conference at Lima should be a triumph of diplomacy but the reality is quite the opposite. Although the agreement means there is now global unanimity on the need for climate action, the text in the agreement falls short on nearly every indicator
Courtesy: Matilde Campodonico/AP
The reelection of the Left in the Uruguayan election highlights a re-consolidation of the power of the Latin American Left. The pro-poor policies of the Leftist governments in much of South America have lifted millions out of poverty. The result: the creation of a middle class that has strengthened the region’s democratic stability and created more opportunities for business