Can Cuba’s Economic Reforms Succeed?
The impression most casual observers receive today from Cuba is that since Raúl Castro assumed power in 2006, the country has been going through a dramatic transition to a market economy. But while what the younger Castro brother has called “structural reforms” are important steps toward a market under Cuba’s revolutionary government, they are a … Read more
Double Trouble: Currency Unification in Cuba
After nearly 20 years, the dual currency system enacted by Cuba to help mitigate the economic shock from the collapse of the Soviet Union is set to be retired. As part of the government’s efforts to develop the country’s socialist economy, the Cuban government recently announced that it would unify its complicated currency system. In … Read more
The Resilience of the Latin American Right
Unlike the internationalist left over the past century, the Latin American right has never been united by a single symbol or slogan. This was not accidental. In a region that only recently abandoned military dictatorship, why would political parties openly identify with repressive authoritarian regimes? And with 165 million people still living in poverty, hoisting … Read more
From the Think Tanks
In “Independencia judicial en la reforma de la justicia ecuatoriana,” the Due Process of Law Foundation argues that the Ecuadorian judiciary’s independence vis-à-vis other branches of government has been compromised. Based on a review of high-profile court cases, Consejo de la Judicatura (Judicial Council) resolutions, official statements, and more than 20 interviews with government workers, … Read more
Monday Memo: Ecuador Amendments — P&G Tax Fraud — Brazil Solar Parks — U.S. Midterm Elections – Colombia Paramilitary Sentenced
This week’s likely top stories: Ecuador’s National Assembly dismisses referendum on controversial constitutional amendments; Argentina suspends Proctor & Gamble for fiscal fraud; Brazil grants contracts for 31 new solar parks; U.S. gears up for midterm elections and immigration reform; Colombian court sentences AUC paramilitary leader to 8 years. Ecuador’s National Assembly Strikes Down Referendum on … Read more
Monday Memo: Brazil Elections – Uruguay Elections – Citgo Petroleum – Protests in Haiti – Chiquita
This week’s likely top stories: Brazil’s President Dilma Rousseff is re-elected; Uruguayan elections move to a second round; Venezuela scraps the sale of Citgo Petroleum; Haitians protest a lack of elections; a Brazilian consortium acquires Chiquita. Dilma Rousseff Re-elected President of Brazil: Brazilian President Dilma Rousseff was narrowly re-elected on Sunday in a runoff election … Read more
Fresh Look Reviews
Fresh, unique perspectives on recent books from across the hemisphere originally published in English, Spanish and Portuguese.
Cuba and Colombia
Articles: published article?1 A Skeptic’s View on the “Peace Dividend” by Alberto Bernal The economic benefits are neither direct nor certain. The Obstacles to Political Integration Post-Peace by Juanita León The obstacles to political integration. Full text available. Law and Reconciliation in Colombia by Rodrigo Uprimny Yepes and Nelson Camilo Sanchez Here’s how to achieve … Read more
U.S. Judge Holds Argentina in Contempt
At a hearing yesterday, U.S. Federal Judge Thomas Griesa decided to hold Argentina in civil contempt of court, asserting that the country’s recent efforts to circumvent his ruling on debt repayment are illegal. Argentina’s Congress passed a law on September 11 that would replace Bank of New York Mellon Corp. as a bond trustee with … Read more
Monday Memo: Canadian Executive Jailed – Missing Mexican students – Venezuelan Bolivar – Murder Suspects in Peru – Colombian Hackers
This week’s likely top stories: Canadian businessman Cy Tokmakjian is sentenced to 15 years in Cuba; Mexico searches for 58 missing students; Venezuela’s bolivar hits a new low; Peru arrests two suspects in the murder of Indigenous activists; Colombian peace negotiator Humberto de la Calle says his e-mail was hacked. Canadian executive jailed in Cuba: … Read more
How to Grow a City: A Look Inside Honduran ZEDEs
When an outsider looks at Honduras, it’s hard not to see the worst: poverty, institutional corruption and violence run rampant. When a country grabs international headlines for its president being ousted by the military after attempting to extend his own term, or for having by far the highest murder rate in the world, or for … Read more
Argentina: ¿En Default?
El “default” de Argentina tiene tantas lecturas como tenedores de bonos argentinos hay en EEUU. La apreciación sobre si el país está o no en cesación de pagos ha extendido el debate económico al campo político, en donde el concepto “soberanía” se ha agitado de manera preponderante por el gobierno de Cristina Fernández de Kirchner. … Read more
Brazil’s INOVAR: Building an Entrepreneurship Ecosystem
Lately, Brazil has been in the business of building things from the ground up. From stadiums that hold millions of people to entire market ecosystems, this is challenging work for a government. In anticipation of the World Cup, Brazil received heavy criticism for its infrastructure development. However, Brazil’s efforts at developing an entrepreneurship ecosystem have … Read more
Stocks Plummet as Argentina Defaults
Argentina’s stock market fell 8.4 percent on Thursday after the country slid into what Standard & Poor is calling a selective default. Despite emergency negotiations Wednesday night, holdout bondholders and Argentina’s Finance Minister Axel Kicillof were unable to reach a compromise. The default crisis was sparked by lawsuits led by Paul Singer for $1.5 billion … Read more
Policy Updates
A snapshot of policy trends and successes in the region.