With a slight uptick in violence and some disappointing news from the Conga mining conflict, the political situation for President Humala has gotten a bit more sticky. Eventhough Peru has had a solid 10+ years of economic growth investors still remember the chaos that reigned in Peru until the mid-nineties. Humala and team must tread carefully to keep investors minds soothed and their hands off of the purse strings.
Instead of opposing the US should embrace this movement in LatAm as a viable alternative to decades of failed policy.
Some further analysis on the role of the U.S. in Latin America. For the last several decades various U.S. administrations have talked a mighty game when it came to Latin America and that is where things ended. Words were never put into actions.
Is Latin America lost of the U.S.? No, but there is so much for both the U.S. and Latin America to benefit from a closer economic, political, cultural, and security ties that it sickens on to think of all the potential lost opportunities.
In an interesting report taking a look at the top world economies in the year 2050, prepared by HSBC there are many Latin American nations present.
Latin American powerhouses Brazil and Mexico crack the top 10 with Brazil checking in at number 7 and Mexico following closely at 8. A bit further down the list are Argentina at 18, Colombia at 26, and oil rich Venezuela at 29.
A common thread will the the emerging markets will truly be emerging as a majority of the top 30 will be from the developing world.
Andrew Lang
—not specifically about any candidate, but apt for pretty much all of them.
(via politicalprof)
This is for all politicians all over the world.
