Latin America Update, November 2013
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Google Maps
Courtesy: Google Maps
Courtesy: WikimediaCommons
Mexico: A new frontier for India
Mexico is now being increasingly referred to as the ‘China of the Americas.’ With the Mexican government introducing reforms in several sectors, and thereby easing the scope of business, how can India –which is slowly expanding its footprint in Latin America – benefit from Mexico’s rise?
Courtesy: Prime Minister's Office, India
India-Kazakhstan relations: Challenges and opportunities
The current political, strategic and economic scenarios, both regionally and internationally, present immense potential for India and Kazakhstan to enhance their engagement, qualitatively and quantitatively. Why must New Delhi and Astana forge stronger and deeper relations with each other?
Courtesy: epSos.de/Flickr
Libor, Brent and now…FX
The foreign exchange market is considered the most liquid and transparent in the world. However, recent investigations into alleged manipulation of the foreign exchange rates is a reminder that transparent exchange-based systems alone are not enough to ensure fairness
Courtesy: Systemman, Erin A. Kirk-Cuomo/Wikimedia Commons
U.S. government shutdown, China’s gain
The U.S. government shutdown and President Obama’s absence gave China immense diplomatic and political space at the APEC and East Asia Summit meetings. China’s declaration of a “de-Americanised” world may be premature but the crumbling old order is doing little to dispel this notion
Courtesy: glaubercavalcante
How Latin America reduced poverty
Like Brazil, many other countries in Latin America have implemented successful poverty-alleviation programmes, including cash transfers, as part of an overall strategy for reducing inequality. These programmes can be a model for other developing countries
“You cannot divorce economics from politics”
Gateway House speaks to Ujal Bhatia, Member, Appellate Body, World Trade Organisation, on the importance of economic diplomacy; India’s assertiveness during trade negotiations; the role of Indian business in the negotiation processes; the relevance of SAFTA; and on ways to boost intra-SAARC trade.
Courtesy: BenjaminThompson/Flickr
Latin America: 3% projected GDP growth in 2013
According to the UN Economic Commission for Latin America and the Caribbean, the Latin American region is expected to grow at 3% in 2013. Although the growth appears modest, it is not bad given the GDP contraction in the Eurozone in the past two years and the lower growth rates in the rest of the world
Courtesy: WikimediaCommons
Peru: India’s new billion-dollar trade partner in Latin America
Today, despite Indian exports to Peru expected to cross the $ 1 billion mark in 2014, we are at a disadvantage vis-a-vis the exports from Peru's free trade agreement (FTA) partners. Why is it imperative for New Delhi to initiate negotiations with Lima and address the disadvantages of our exporters to their markets?
Courtesy: The Prime Minister's Office/Flickr
G20: The new Bretton Woods?
Global institutions responsible for price discovery and speculation in commodities are suspected of fuelling price hikes. With the world experiencing turmoil in the food and energy markets, fixing the global pricing architecture for commodities should be the priority for the G20