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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Chile’s year of change
Chile is entering a new, unpredictable political era. Dissatisfied with the status quo, its voters have left the traditional parties in droves and are supporting new, independent candidates. Such independents have been tasked with writing the country’s new constitution, while presidential elections later this year could put a nontraditional politician ...
The road ahead for Bolsonaro
Upon being elected, President Jair Bolsonaro expected to tackle Brazil’s most pressing issues, namely the causes and consequences of the country’s deep economic recession. But when the Covid-19 pandemic struck, his slow reaction to the threat sent his popularity ratings into a tailspin. He has now managed to regain some ...
The last hurrah? Guyana rides the oil wave
Amid a global downturn in 2020, Guyana boasted record economic growth of over 43 percent, as it became the world’s newest oil exporter. The exploration of recent discoveries will unlock more oil riches yet for the small South American nation. However, it remains to be seen whether Guyana can escape ...
El Salvador: Bukele consolidates power
El Salvador’s President Nayib Bukele has trampled over democratic norms, but he has also drastically reduced violence and brought stability to the troubled Central American country. Now that recent elections have solidified his power, the Biden administration will have to decide how to deal with him.
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