Courtesy: Newscom.com
The reelection of President Dilma Rousseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil
Courtesy: wikimedia commons
Brazilian president Dilma Rouseff's bid for re-election has been ambushed in just two weeks by activist Marina Silva who is now predicted to win the October elections. If elected, Marina is likely to continue with the pro-poor policies of the current government, and she has already shown a keen interest in foreign policy. PM Modi will find Marina more proactive and forthcoming than Rouseff
Courtesy: fcpamericas.com
The credit for significant poverty reduction achieved in the last decade in Latin America goes to the pro-poor policies of the leftist governments. The Left is expected to be voted back to power in the October elections to be held in Brazil, Uruguay and Bolivia. The increase in affordability power is good news for the Indian companies who are exporting goods to the region
Courtesy: wikimedia\commons
Brazil follows a more decentralised form of federalism and gives special importance to the municipalities. Porto Alegre’s successful 'participatory budgeting' is a role model for the world. India can learn from both the positive and negative aspects of the Brazilian system
Courtesy: durdaneta/Wikimedia
Latin America’s economic growth has slowed down in 2014. But the region’s fundamentals are relatively strong, and have the resilience to absorb external shocks and increase growth in the coming years. However, Argentina and Venezuela face continuing uncertainty and deterioration.
Courtesy: Google Maps
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Government of Brazil/Wikimedia Commons
Brazil’s advantages – including resources of oil and gas, no historical baggage, an absence of terrorism and military conflicts – and regional leadership, make it a potential global power. But it also has to tackle many challenges in the medium-term, such as poverty, poor infrastructure, healthcare and education
Courtesy: Google Maps
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Wikimedia Commons
Latin America continues to turn to the Left. Michelle Bachelet became president of Chile in March and has promised fiscal reform; Salvador Sanchez Ceren took over as president of El Salvador in June and will tackle inequality; and in Costa Rica too, the centre-left Luis Guillermo Solis assumed power
R. Viswanathan, Distinguished Fellow, Latin America Studies, Gateway House, has been following the movements in Ukraine and Venezuela closely. In this interview, he explains the parallels and the impact on Venezuela
