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
Higher Ed: Private Investors Get Into the Game
The combination of sustained economic growth in Latin America, a region-wide expansion of the middle class, and a newly competitive business environment has boosted demand for quality education, and stoked desires for alternatives. The alternatives are coming from a slew of new and lower-cost online courses. This innovation has produced a wave of private investment … Read more
Venezuela: How Long Can This Go On?
On April 10, Venezuelans stayed up past midnight to watch an event on TV that just a few weeks prior would have seemed incredible, almost miraculous: after three months of intense protests, headed by students in alliance with the most combative sectors of the opposition calling for President Nicolás Maduro’s departure, the government and the … Read more
Protest U.
Millions of students have taken to the streets across Latin America in recent years in protests that reflect an unprecedentedly broad mobilization of popular opinion. Following massive demonstrations led by secondary school students in 2006 in Chile, university students launched a series of protests in May 2011. Powered by a coalition of public and private … Read more
From the Think Tanks
Human Rights Watch, Brookings Institution, Corporación de Estudios para Latinoamerica The Venezuelan government’s response to the protests that began on February 12, 2014, led to accusations of human rights abuses. In its report, “Punished for Protesting: Rights Violations in Venezuela’s Streets, Detention Centers, and Justice System,” Human Rights Watch analyzes 45 allegations of abuses perpetrated … Read more
The EU has recognized that its Common Position has failed to improve human rights in Cuba. It’s time for the U.S. to do the same with its embargo.
When Louis Michel, then-development commissioner for the European Union (EU), met in 2009 with Bruno Rodríguez, Cuba’s foreign minister, he worried openly about the slow pace of EU diplomacy. “I think that if the European Union does not consolidate the normalization of relations with Cuba,” Michel said, “the Americans will do so before us.”1 He … Read more
The EU is engaged in a discussion that will yield no change in human rights conditions on the island. The U.S. would be wise not to follow the EU’s lead.
In March, the European Union (EU) and the Cuban government announced a renewal of bilateral talks on trade and investment. Lured by Cuba’s proposed social and economic reforms, including a new foreign investment law, the expansion of self-employment, and loosened travel restrictions, the EU agreed to return to the negotiating table for the first time … Read more
Venezuela Before Chávez: Anatomy of an Economic Collapse by Ricardo Hausmann and Francisco R. Rodríguez
During the 1970s, Venezuela was the richest country in Latin America. With the region’s highest growth rates and the lowest levels of inequality, it was also one of the most stable democracies in the Americas. But starting in the early 1980s, things fell apart. The nation endured three coup attempts and one presidential impeachment. Per … Read more
Policy Updates
A snapshot of policy trends and successes in the region.
Student Debt in the Americas
The promise of upward mobility for Latin America’s new middle classes has led to swelling university enrollment rates, but also to growing debt.1 In Colombia, high school graduates enrolling in higher education rose from 24.87 percent in 2002 to 45.02 percent in 2012.2 Meanwhile, in 2011, 23 percent of 25- to 34-year-old Mexicans had attained … Read more
Academic Brain Drain
A recurrent theme in the immigration debate is how the United States can keep and attract the world’s brightest minds. President Barack Obama and others favor maintaining and perhaps even expanding the number of visas for high-skilled immigrants. In his 2013 State of the Union address, Obama said the U.S. needed to “attract the highly … Read more
Monday Memo: Colombian Legislature – Argentine Debt – Peruvian Environmental Law – Deaths in Nicaragua – Bolivian Child Labor
This week’s likely top stories: Colombia inaugurates a new legislature; Argentina must pay its debt by July 30; Reforms to Peru’s environmental agency are criticized; Five Nicaraguans are killed after a Sandinista anniversary celebration; Bolivia allows those as young as 10 to work. Colombia installs new legislature: As Colombia’s new legislature was sworn in on … Read more
Monday Memo: BRICS Summit – Argentina and Russia – U.S. Immigration – FARC and Colombian Peace – World Cup Riots
This week’s likely top stories: BRICS leaders meet in Brazil; Argentina and Russia sign energy agreements; U.S. considers action on child immigrants; Colombian forces strike FARC; Argentine soccer fans riot. BRICS leaders to launch new bank at summit: Leaders from Brazil, Russia, India, China, and South Africa will convene in Fortaleza, Brazil for the sixth … Read more
