South And Central America
Like North America and Africa, the region is blessed with ample natural resources, water and farmland. It features climatic variety and easy access to the oceans. Its countries have avoided participation in major wars. The region is plagued, however, by inefficient governance and a lack of fiscal discipline, which has led to political instability, corruption and abrupt regime changes.
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Oil, race and sovereignty in the Greater Caribbean
The geopolitics of the Caribbean region is dominated by natural resources, disputes over sovereignty and the growing salience of national identities. Oil-dependent Venezuela is in steep decline but sustained by allies, while an underdeveloped Guyana is expecting a major energy windfall. In the long term, China will use both carrot and stick to displace American and European influence.