Natural Resource Extraction in Latin America
Articles: The Geopolitics of the Modern Resource Boom by Bernice Lee Prepare for more supply disruptions, price swings and political tensions. Full text available. Resource Nationalism: Beyond Ideology by Hal Weitzman The hemisphere revives an old policy standby. Available online soon. published article?1 Resource Nationalism: Beyond Ideology by Hal Weitzman The hemisphere revives an old … Read more
New [i]AQ[/i] Special Section Offers Broad Recommendations for Extractive Activity
Natural resource extraction is a key contributor to economic growth in various parts of the Western Hemisphere, but governments, businesses and civil society are faced with how to improve extractive activity and its effects on broad-based socioeconomic development in respective communities. A special section in the Winter 2013 issue of Americas Quarterly, released today, includes … Read more
Monday Memo: Immigration Reform Plans Announced – CELAC Summit Concludes – Argentina and Iran Plan Truth Commission – and more
Top stories this week are likely to include: Cuba takes over the chairmanship of CELAC on Monday as the summit wraps up in Santiago; a bipartisan group of U.S. senators release a plan for comprehensive immigration reform a day before Obama lays out his proposals; violence in Colombia increases following the end to the FARC’s … Read more
Mining Tensions in Peru and Argentina
The mining boom has brought huge economic benefits to some of Latin America’s least developed countries. But in big mining countries like Colombia and Bolivia the industry’s success is accompanied by an increase in protests, violence and human rights abuses. Not everyone has been able to share in the wealth created by mining—and in many … Read more
Avoiding the Resource Curse
A country’s ownership of rich natural resources is not necessarily a blessing. It presents a set of extraordinary challenges for policy makers. Bonanzas in foreign exchange all too easily create overvaluation and undermine efforts at economic diversification. At the socio-political level, mineral exploitation provokes intractable social conflicts, while the prospect of environmental contamination is ever-present. … Read more
Illegal Mining
Propelled by the skyrocketing global price of minerals, illegal mining has recently come into focus as a major environmental and social concern. Images of pristine rainforest scarred by clear-cuts, toxic mercury released into rivers and the air, and accounts of human trafficking, child labor and prostitution in remote mining encampments all point to the need … Read more
The Geopolitics of the Modern Resource Boom
The specter of resource insecurity is back. Intensified resource stress, driven in part by the booming demand from emerging economies and a decade of tight commodity markets, is reshaping the global economy. Whether the resources are actually diminishing is a matter of debate, but one thing is clear: the resources sector is increasingly characterized by … Read more
Ask the Experts: Mining
Jon Samuel answers: To secure a positive development outcome from mining, governments first need to create the conditions that will attract investment in new mines. This starts with open and honest means of allocating mineral exploration and development rights, the rule of law, a stable regulatory and fiscal regime, and openness to foreign investment. … Read more
Resource Nationalism: Beyond Ideology
Latin America’s political Left has displayed symptoms of bipolarity for much of the past decade. An early purveyor of this diagnosis was Jorge Castañeda, former Mexican foreign secretary (2001–2003), who in 2004 identified what he called “two Lefts” in a piece for Project Syndicate. One Left had “truly socialist and progressive roots” that was “following … Read more
Crossing Boundaries
The extraction of oil, natural gas and minerals is transforming Latin America. The conflicts that accompany this extraction have become part of the social and political landscape in much of the region. Some of this conflict has been violent. In June 2009, a confrontation between protestors and police in Bagua, Peru left at least 43 … Read more
Monday Memo: Chávez Names Maduro – Regional Elections in Venezuela – Puerto Rico Discusses Next Steps for Statehood – Arab-Latin American Forum – and more
Top stories this week are likely to include: Chávez designates successor as he heads to Havana; Puerto Rico convenes legislature for statehood; Arab-Latin American Forum in Abu Dhabi; and impact of recent energy takeover deals in Canada. Developments in Venezuela: This is the final week of campaigning in Venezuela’s regional elections, and the electorate will … Read more
Mexico’s New Oil Discoveries: Too Good to be True?
Mexico’s successful deep-water drilling of wells “Trion-1” (August 29) and “Supremus-1” (October 5) in the northwestern Gulf of Mexico has caused national euphoria. It has shown the country’s considerable oil potential and revamped public confidence in state-owned company Pemex (Petróleos Mexicanos), whose reputation had dwindled for the past years following a decrease in production, corruption … Read more
