Latin America Update, September 2013
In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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Courtesy: Embassy of India, Venezuela
India-CELAC: Beyond commodities?
CELAC (Community of Latin American and Caribbean States) chose India as its first dialogue partner, expressing its intent to expand trade and diversify. Given the increased political will from both sides, can CELAC be the driver for India-Latin America relations or will bilateral ties maintain the status quo?
Courtesy: PMO
From profligacy to pragmatism
India seems to be treading down the path of fruitless populism that crippled many countries in the past, most notably in Latin America. But like Latin America, India too can embark on a course-correction by implementing pragmatic economic policies alongside progressive but results-driven social spending.
Courtesy: Casa de Gobierno en Argentina/Wikimedia
Why we need an India-LAC dialogue
The past decade has seen a significant rise in trade and investment flows between India and the Latin American and Caribbean (LAC) region. With an international system in flux, it is time for India and LAC to work together to shape a global order that better reflects current economic realities.
Courtesy: Addicted04/WikimediaCommons
Current and Emerging Trends in Latin America and the Caribbean
Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
Courtesy: Martinmartin/WikimediaCommons
Regional integration in Latin America and the Caribbean
Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.
Courtesy: JonathanRashad/Flickr
The Latin road to Arab democracy
As the Arab world remains engulfed in protests, there may be lessons to be learned from other recent democratic converts. Latin America’s growth story may provide the Arab world with some recommendations on how to address socio-economic issues in the post-revolution scenario.