Latin America's Moment

Latin America's Moment

Latin America’s Moment analyzes economic, political, and social issues and trends throughout the Western Hemisphere.

Latest Post

People walk past a grafitti that reads "IMF (International Monetary Fund), never again" during a demonstration to demand jobs and social benefits in Buenos Aires, Argentina, June 1, 2018. Marcos Brindicci/Reuters

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

June 4, 2018

Mexico Knows How to Fight a Trade War

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).

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May 23, 2018

Latin America Needs More Home-Grown Supply Chains

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.

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May 7, 2018

Mexico’s Ruling Party Is a Dead Man Walking

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.

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