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.
While the ouster of Paraguay’s president is a setback to the young democracy of the country, it shouldn’t be viewed as a repeat of Latin America’s history of coup d’états. The painful process of democratic maturity will continue, albeit slowly.
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.