Courtesy: wikimedia
The Argentines blame the 'Washington Consensus' for the default in 2001, and the New York judiciary and vulture funds for the 'artificial default' in July this year. These are challenges not just for Argentina; they endanger the global debt restructuring system and contradict U.S. domestic laws
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Even small Indian IT companies have managed to succeed in the Latin American market. Understanding the local culture is one of the main keys to success as illustrated in the case of Mann India Technologies, which was one of the earliest Indian entrants in the Latin American IT market.
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
Courtesy: Sergio Paolo Velasco Cruz/Wikimedia Commons
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
The recent U.S. sanctions against Russia and the Ukraine is the latest in a long list of countries and organisations that have been targeted by Washington over the past decades. In the table below, Gateway House looks at the U.S.’s prolific sanction programme
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Efforts to reform credit rating agencies after the 2008 financial crisis have failed to address concerns about their ability to assess a nation’s financial status. Issues like private interests and a disregard for the diversity of development models have made it imperative to think of a new multilateral agency
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To navigate the U.S. away from the huge monetary stimulus, the Federal Reserve has initiated tapering. But in an integrating world, the emerging economies, especially India, China and Brazil, will see collateral liquidity damage. How will the Fed enforce its mandate? How will central banks in emerging markets react?
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Ministry of External Affairs, India
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month