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Kicillof Kirchner Argentina

Argentina’s debt restructuring options limited

On June 16th, 2014, the U.S. Supreme Court ruled in favor of NML Capital Ltd (NML) over the Republic of Argentina in a major debt settlement case. The ruling has implications not only for Argentina but also other debt-ridden countries throughout the world. Regardless of how Argentina responds, Prime Minister Christina Fernandez de Kirchner’s options are unattractive. […]

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Source: Wikimedia Commons

3 reasons Bolivia’s Evo Morales is here to stay

With the backing of the military and the opposition divided and conquered, Evo Morales will likely stay on as Bolivia’s president. Such political stability will present Bolivia with an opportunity to grow its economy and prepare for a safe political transition. Bolivian president Evo Morales and his Movement to Socialism (MAS) party will likely retain power […]

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President Enrique Peña Nieto

Energy reform in Mexico still presents risks

Mexico’s energy reforms are necessary to revitalize the sector. If the reform process is any indication, however, foreign firms will be wise to enter with caution. So dear to Mexican society is the legacy of Lázaro Cárdenas’s 1938 expropriation of the country’s oil sector that it is still celebrated annually as a national holiday. Perhaps […]

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Haiti migrant workers

Haiti and Dominican Republic struggle to cooperate

Haiti and the Dominican Republic have been working to repair bilateral relations in the wake of the Dominican Republic’s new citizenship law. As Haiti deals with its own political paralysis, a return to normal relations would improve stability and development on the island. A deal was reached in January 2014 to ease tensions over the Dominican Republic (DR) […]

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2012 Car Bombing in Bogota; Source: David Maiolo via Wikipedia

Armed conflict, stalled bureaucracy limit Colombia’s economic growth

Global Risk Insights has reported that the largest problem for Venezuela’s PDVSA and Mexico’s Pemex is falling oil production. Now, another South American country, Colombia, has also reported a decrease in oil production for 2013 — due to terrorism, social unrest and government inefficiency.   This year’s spring has not been very pleasant for Colombian politics. The list […]

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Peru informal mining

With falling commodity prices, Colombia and Peru must focus on industry

Industrial policy remains a secondary issue for policymakers in Colombia and Peru, two Andean countries that strongly benefited from the 2000s commodity boom. They need to revise that prioritization. Academics and experts have divided Latin American markets into the regulated economies facing the Atlantic Ocean i.e., Venezuela, Brazil, and Argentina, and the open economies facing the […]

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student protests Chile

Latin American countries see rising public discontent

In most Latin American countries, people are taking to the streets to protest against their governments for a variety of issues. If public services and governance indicators do not improve, the demonstrations could take a violent turn and impede economic growth. Since late January 2014, Venezuela has held the spotlight in Latin America. Fast forward […]

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Presidente_Ollanta_Humala_se_reúne_con_presidente_de_Repsol; Source: Presidencia Perú via Wikipedia

Peruvian government proposes deregulation for extractive industries

The Peruvian government recently proposed reforms to deregulate its extractive industries. The proposed deregulatory framework shows Peru’s desperation to sustain high levels of foreign investment. Since 2000, Peru’s economy has grown the most of any country in Latin America. It has liberalized trade and finance, attracting significant levels of foreign investment in the primary sector. But the commodity […]

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mexico energy oil pump

The future of oil exporters in Latin America

Mexico has liberalized its oil sector and Venezuela tries to survive a wave of violent protests. What does the future of oil look like in Latin America? The politics of oil in the two largest Latin American oil exporters—Venezuela and Mexico—have recently diverged. While Petróleos de Venezuela, S.A. (PDVSA) is now politically closer to the […]

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Alvaro Uribe (FRANCISCO GUASCO/CUARTOSCURO.COM)

Colombia’s pro-business election results could attract foreign investment

The election of the Democratic Center party into the Colombian Senate and Chamber of Representatives shifts the national political discussion to the right and strengthens the bargaining position of capital and business interests. Colombia’s new legislative makeup provides very favorable political conditions for foreign investment. The recent legislative elections in Colombia focused almost exclusively on […]

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