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
Brazil’s Marina Silva Calls For a New Vision of Development
From the age of 10, Marina Silva would wake up before dawn to prepare food for her father, so that he could set off through the dense jungle before the heat of the tropical sun made it impossible for him to keep working. In Silva’s community of rubber tappers in Brazil’s northwestern state of Acre, … Read more
Monday Memo: Mercosur Summit – General Hugo Carvajal – Gov. Jerry Brown – Mexican Energy Reform – Argentine Debt
This week’s likely top stories: Mercosur leaders meet in Caracas; former General Hugo Carvajal returns to Venezuela; California Governor Jerry Brown visits Mexico; Mexican Congress discusses energy reform; Argentina nears its debt deadline. Mercosur leaders to address Israel at Mercosur summit: Brazilian President Dilma Rousseff is expected to lead Mercosur leaders in condemning Israel’s military … 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
Brazil and Trade: Brazil’s Ambivalent Welcome to the World
Just a few years ago, Brazil was brimming with optimism. Rising global demand for resources led to an export and consumption boom. The official poverty rate was declining sharply, thanks to an expansion of the social safety net and falling unemployment. When GDP growth hit 7.5 percent in 2010, it seemed that the “sleeping giant” … Read more
Oil Sparks in the Amazon: Local Conflicts, Indigenous Populations, and Natural Resources by Patricia I. Vásquez
Since the early 1990s, the rising price of crude oil and other key natural resources—and the resulting drive by governments and private companies to extract those resources—has led to sharp conflicts in Latin America. At the core of these disputes is the clash between national economic interest and the rights of Indigenous people inhabiting the … Read more
The Future of Latin American Studies
The field of Latin American studies has been a target for critics ever since it became a prominent feature of the U.S. academic landscape in the 1960s. Earlier critiques were quite severe, often permeated by the premise that studying Latin America from the North (and even the very concept of “Latin America” as an object … 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
Bridge Institutions in Higher Education
The United States and Latin America are both struggling to find ways to improve participation in quality education in the face of a labor-market skills gap. But all too often, policymakers, businesses and educators have looked to elite universities as a way of meeting those gaps. While important for high-end jobs, labor market and social … Read more
10 Things to Do: Patagonia, Argentina
Patagonia, the rugged, southern frontier region shared by Argentina and Chile, was once believed to be the home of a race of giants. It still looms large as a wild landscape where myth and reality coincide. The site of major hydro projects, the Argentine Patagonia also boasts four World Heritage sites. The best place to … 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
Latin America at the Winter Olympics
Latin American and Caribbean countries may not be as well-known for their winter sports as Canada, Russia or the United States, but the region does have a storied tradition at the Winter Olympic Games. Argentina, the first Latin American country to participate, sent a five-man bobsled team to the second-ever Winter Games in 1928. Chile … Read more
MOOCs in Development: Fad or Future?
Those following tech and continuing education news have been surprised by the rising popularity of Massive Open Online Courses (MOOCs).1 The basic promise for professionals in Latin America and the Caribbean is quite alluring: free online access to a world-class knowledge base. But questions remain. Will this new learning methodology last, or fade quickly once … Read more
Business Innovator: Lisa Besserman
Lisa Besserman could be at home anywhere in the world; but last year, the Queens, New York, native put down roots in Argentina to launch Startup Buenos Aires, to motivate, support and connect startups across the globe. The 29-year-old tech entrepreneur, named one of the “100 Most Influential Tech Women on Twitter” by Business Insider … Read more
