Film Review: Vestido de Novia
One warm Havana afternoon, Rosa Elena checks up on a transgender friend, Sissy, who is suffering from the complications of a black-market breast augmentation. Rosa’s husband, Ernesto, expresses his disapproval of Sissy, and she pleads with him to understand and sympathize with transgender people—a plea that is secretly for her as well. Later, Ernesto will … Read more
10 Things to Do: Puerto Plata, Dominican Republic
Walk in Columbus’ footsteps. Just outside the present-day port, Christopher Columbus founded La Isabela, one of the earliest European settlements in the Americas, in 1494. Visitors can see the ruins of the explorer’s first house and a reconstruction of El Templo de las Américas, where the first recorded Catholic mass in the New World was … Read more
Can digital sharing economy platforms pull Latin America’s informal sector into the mainstream? Yes
The struggle between old and new forms of economic development, and efforts to strike a balance between them, will be a defining feature of society and business in the future. The sharing economy is still a poorly understood concept.1 It has been defined as “an economic system in which assets or services are shared between … Read more
Can digital sharing economy platforms pull Latin America’s informal sector into the mainstream? No
A bloated informal sector has long been a nagging structural problem in Latin America and in the developing world more generally. However, over the past few decades, it has proliferated as a result of the withdrawal of the state from market and social regulation. In particular, it has grown as governments have undertaken structural adjustment … Read more
The TPP: Almost There
It took more than five years, but the Trans-Pacific Partnership (TPP) is now near the finish line. Congressional passage of Trade Promotion Authority (TPA) earlier this summer gave U.S. officials the mandate to conclude the TPP talks and revived procedures to expedite its ratification. The trade pact could be signed later this year. The TPP … Read more
Fast Track? Not So Fast
As his presidency nears a close, Barack Obama hopes the Trans-Pacific Partnership (TPP) will be one of his key legacies. Despite his vocal skepticism about free trade agreements during his first campaign for the presidency, Obama now argues that the TPP, which aims to reduce barriers to trade among 12 countries bordering the Pacific (with … Read more
Mexico Goes Global
Given the lack of progress on global trade talks in recent years, the future of international trade likely depends on regional initiatives. Mexico is well-placed to be a standard bearer. Over the past two decades it has become a major global trading power, boasting a network of free-trade agreements with 44 countries. It is also … Read more
Sink or Float: Mercosur and the Pacific Alliance
Since the creation of the Pacific Alliance in April 2011, observers have often compared it to the older Mercosur (Southern Common Market). In a January 2014 Wall Street Journal article, David Luhnow likened the two trade blocs to “two Latin Americas”—one (Mercosur) comprising state-oriented countries and the other (the Pacific Alliance) characterized by an affinity … Read more
Film Review: Pelo Malo
As his mother, Marta, pounds on the bathroom door, nine-year-old Junior stares at himself in the mirror, slicking his hair back with water in an effort to undo his tight curls. Junior’s determination to straighten his hair so he can look like his idol, Venezuelan rock star Henry Stephen, is an ongoing source of tension … Read more
Interview: Javier Olivan, Facebook
Facebook began in 2004 as an online social networking service for students at Harvard University. Since then, it has grown into a global enterprise worth over $200 billion, with more than 1 billion active users. In July 2014, the company launched Internet.org, with telecom and other industry partners, in an effort to broaden access to … Read more
Medical 3D Printing
With its recent transformation from fringe technology to mainstream commodity, 3D printing has been hailed as the next Industrial Revolution. The ability to design and manufacture goods at low costs could fundamentally change the way we produce and consume. Although still in its infancy, the 3D printing revolution has already transformed our daily lives—from 3D-printed … Read more
From the Think Tanks
Social spending and tax policy have emerged as two of the most common tools to combat high levels of poverty and disproportionately low access to education for Indigenous and Afro-descendent populations in Latin America. In their report, Fiscal Policy and Ethno-Racial Inequality in Bolivia, Brazil, Guatemala and Uruguay, the Inter-American Dialogue analyzes the effects government … Read more
Festivals: Brazil’s Boi-Bumbá
If Rio de Janeiro’s Carnaval is the greatest party in the world, then Boi Bumbá (beat the bull) is a close second. Every June, thousands of Brazilians flock to the small Amazonian river town of Parintins, Amazonas—halfway between Santarém and Manaus—to celebrate Brazil’s second-largest annual festival. Boi Bumbá pits the city’s two samba schools—the Garantido … Read more
10 Things to Do: Arequipa, Peru
Peru’s second-largest city, Arequipa has been a breeding ground for rebels and intellectuals since its founding in 1540. Among its famous residents is Nobel Laureate Mario Vargas Llosa. The rich architecture of this UNESCO World Heritage site is worth the long journey from Lima. All prices are in U.S. dollars. 1. Treat yourself to a … Read more
Spreading the Arepa Love
Over the past decade, hungry U.S. diners have increasingly grown to love the Venezuelan take on a popular dish introduced by Latin American immigrants: grilled cornmeal patties called arepas that are stuffed with everything from cheese to pork to fried plantains. New York City has at least one Venezuelan restaurant serving arepas in each of … Read more