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Latin America's Moment
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Argentina’s IMF Package Could Trigger Ugly Blowback
Markets welcomed the International Monetary Fund’s (IMF) $50 billion rescue stabilization package last week, which seems to be stabilizing the peso. But the financial umbrella will be costly. Read More
Featured
Experts delve into the domestic politics of Mexico, analyzing the impact of corruption, the drug war, and Mexico’s bilateral strategy with the United States following disagreements over immigration, border walls, and the North American Free Trade Agreement.
Diplomacy and International Institutions
Through an in-depth analysis of modern Mexico, Shannon O'Neil provides a roadmap for the United States' greatest overlooked foreign policy challenge of our time: relations with its southern neighbor.
The political crisis in Venezuela unfolds and Turkey's constitutional referendum takes place.
Senator Ben Cardin discusses corruption's effect on economic and social inequalities, investment, development, and democratic institutions.
June 4, 2018
Trade
Trump has turned on longtime allies, labeling them a national security threat in order to levy 25 percent tariffs on steel and 10 percent on aluminum. For neighboring Mexico, this will affect some $3 billion in exports. While not insignificant, it is just a speck of the $300 billion-plus the nation sends north each year (for Canada, steel and aluminum comprise $11.5 billion of more than $300 billion in U.S.-bound trade).
Read MoreMay 23, 2018
Brazil
The Union of South American Nations (UNASUR) — an organization that once aspired to become South America’s answer to the European Union — quietly faded away last month. Deep divisions over Venezuela’s turmoil and internal leadership battles precipitated its demise. Yet its real vulnerability stemmed from something deeper: the economic isolation of its members. Unlike the European Union, Latin America’s multilateral bodies haven’t ignited commercial ties between their participants.
Read MoreMay 7, 2018
Mexico
The PRI is dead, long live the PRI! As Mexico hurtles toward a momentous election this July, the storied Institutional Revolutionary Party that dominated the country for nearly a century seems doomed. Sadly, however, while the PRI may implode, the clientelist system it created — and that holds Mexico back — will likely roll on.
Read More