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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The geopolitics of corruption in Latin America
The rise of the middle class and the boom in information technology have made corruption less acceptable than it once was in Latin America. Nevertheless, graft remains a problem across the continent. Constitutional reforms could improve the situation, but Latin American countries are more likely to rely on new legislation and external incentives to reform their political systems