Courtesy: fcpamericas.com
The credit for significant poverty reduction achieved in the last decade in Latin America goes to the pro-poor policies of the leftist governments. The Left is expected to be voted back to power in the October elections to be held in Brazil, Uruguay and Bolivia. The increase in affordability power is good news for the Indian companies who are exporting goods to the region
Courtesy: wikimedia
The Argentines blame the 'Washington Consensus' for the default in 2001, and the New York judiciary and vulture funds for the 'artificial default' in July this year. These are challenges not just for Argentina; they endanger the global debt restructuring system and contradict U.S. domestic laws
Courtesy: wikimedia\commons
Brazil follows a more decentralised form of federalism and gives special importance to the municipalities. Porto Alegre’s successful 'participatory budgeting' is a role model for the world. India can learn from both the positive and negative aspects of the Brazilian system
Courtesy: durdaneta/Wikimedia
Latin America’s economic growth has slowed down in 2014. But the region’s fundamentals are relatively strong, and have the resilience to absorb external shocks and increase growth in the coming years. However, Argentina and Venezuela face continuing uncertainty and deterioration.
Courtesy: news.yahoo.com
The sharp Latin American response to the Israeli bombings in Gaza, on the back of solid support from the U.S., is attributable to the memory of the atrocities committed by past Latin American military dictators with similar U.S. backing. Their strong response is also a sign of the increasingly independent and assertive Latin American voice on the global stage
Courtesy: Real Instituto Elcano
R. Viswanathan, Distinguished Fellow, Latin American Studies, Gateway House in an article for Real Instituto Elcano, talks about the new paradigm of perception and of growth in the relations between India and Latin America which should lead towards a longer-term partnership.
Courtesy: Merco Press
R. Viswanathan, Distinguished Fellow, Latin America Studies and the former Indian Ambassador to Argentina, Uruguay and Paraguay, in an article for Merco Press, writes about how IBSA is as important if not more, than BRICS for India.
Courtesy: The Economic Times
R. Viswanathan, Distinguished Fellow, Latin America Studies and the former Indian Ambassador to Argentina, Uruguay and Paraguay, in an article for the Economic Times writes about how IBSA is as important if not more, than BRICS for India
Courtesy: Gateway House
Prime Minister Narendra Modi’s visit to Brazil for the BRICS summit is an opportunity for India to intensify its engagement with South America and reactivate the long-dormant IBSA (India, Brazil and South Africa) grouping. This grouping is a promising partnership comprising of different models of democracies spread over three continents
Courtesy: BBC
The election of Salvador Sanchez Ceren, a leftist ex-guerilla fighter, as president of El Salvador, is a reflection of the maturity and inclusiveness of the Latin American democracies. With his compassionate and pro-poor policies, Ceren has the vision and compassion needed to reduce poverty and break the vicious cycle of crime and violence which has paralysed El Salvador
