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
Courtesy: alex proimos/Wikimedia Commons
With a devaluing peso, a low trade surplus, high inflation, and falling foreign exchange reserves, the economic situation in Argentina is bleak. But the government can overcome the crisis by changing policies, lessening controls, exploring the country’s shale gas reserves, and working on settling its debt
Courtesy: durdaneta/Wikimedia Commons
On the political as well as economic fronts, Venezuela is facing multiple problems – from protests against shortages and crime, to high inflation and low foreign exchange reserves. The government itself is responsible for creating this situation over the years and a change in leadership may now be the solution
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
