Politics, Business & Culture in the Americas
 

New Magazine Highlights Nicaragua’s Thriving Arts Scene

Ask anyone for good investment tips, and they’re unlikely to suggest going in to the magazine business. So for a pair of young designers to front $10,000 of their own savings for a new print publication—that is a sign of confidence in their product. Hecho magazine is the brainchild of Christopher Sataua, 27, and Oliver … Read more

 

Panama’s Election this Weekend Opens the Door for Free Trade

Panamanians go to the polls on Sunday to elect their next president.  Knowledgeable observers including Jaime Daremblum predict that supermarket magnet Ricardo Martinelli will win the election, his primary opposition, Housing Minister Balbina Herrera, being far behind in the polls. Martinelli is well versed in politics as well as in business, having served as Minister … Read more

 

Daily Focus: Swine Flu South of (the Mexican) Border

World headlines are being dominated by the spread of swine flu from Mexico and the United States to Canada, Europe and now the Middle East and Asia-Pacific. But what about Mexico’s neighbors to the south? Today, Costa Rica claimed the inauspicious title of being the first Central American country to confirm a case of swine … Read more

 

Term Limits can Check Corruption and Promote Political Accountability

Since the mid-1990s, no fewer than 10 countries of Latin America have attempted to reform, rewrite or reinterpret their constitutions. The chief motivation has been to extend the mandate of a popular chief executive. For the most part, public debate has concentrated on extending, but not eliminating, presidential term limits. Yet as stunted and unequal … Read more

 

Limit the Power of Presidents, Not their Term in Office

Let them run. The problem is not presidential re-election. The problem is presidentialism. As long as Latin American democracies continue to be based on institutional arrangements—both formal and informal—that concentrate power in the executive, democratic development will be undermined. This concentration of power carries the seeds of instability that will hinder, if not reverse, democratic … Read more

 

How to Fulfill the Promise of CSR

Corporate social responsibility (CSR) is a booming business in Latin America. Major companies like the Chilean copper giant Codelco and the Brazilian energy multinational Petrobras proudly use their environmental stewardship and good labor practices to demonstrate that their corporate operations are aligned with social goals. Across the region, Latin American firms are making social investments … Read more

 

Back to Basics

The perennial argument over social policy—universalism versus targeted subsidies to the poor—is once again galvanizing policymakers and scholars across the region. In recent decades, Latin American governments have generally inclined toward limited social assistance programs, but that model is increasingly under attack in a continent where high levels of inequality continue to be endemic.

 

Risky Business

The tractor-trailer pulled up beside a warehouse in Mexico City in the early-morning darkness. Fourteen men armed with machine guns stepped out and burst through the warehouse doors, surprising a staff of 20 construction workers who were nearing the end of a months-long job building a movie theater complex nearby. The raiders forced the workers … Read more

 

The Watchdog Generation: Wired Politics

In 2004 the Mexico City newspaper, El Universal, sparked a shake-up like no other at Los Pinos, Mexico’s White House. It reported that then-Mexican President Vicente Fox’s wife, Marta Sahagún, plunked down up to $1,000 on dresses during a one-day shopping spree, and that Fox himself spent the same amount on suits.

 

CAFTA-DR Pact:Opening up new frontiers

As President George W. Bush pressures Congress to ratify the U.S.-Colombia Trade Promotion Agreement, it is worth examining the results to date of the Dominican Republic-Central America-U.S. Free Trade Agreement (CAFTA-DR). That agreement, involving the United States, five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic has taken … Read more

 

High Inequality

Latin America suffers from both the world’s highest rate of income inequality and from a lackluster economic performance that puts it well behind the growth levels of other emerging regions such as Asia. Could there be a connection? Recent research suggests that high inequality and low social mobility are more than just poor people’s problems: … Read more

 

Oscar Arias Sánchez

Oscar Arias Sánchez is serving his second term as president of Costa Rica and is the 1987 Nobel Peace Laureate.



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