A T20 workshop in Lima, Peru, provided the opportunity to for a deeper insight into the the Latin American economic situation. While the workshop focused on finding innovative solutions to sustain high growth in middle-income countries. There is a need for India and similar countries, to become sensitized to each others problems on development.
Despite major political change in Brazil, Argentina, and Venezuela due to global economic tumult, it may be premature to speak of a rightward shift in Latin American politics. Yet, developments in these democracies need to be monitored carefully as India has a stake in their political stability.
The nature of the sweeping victory of AAP and Kejriwal may be unprecedented in India but not in Latin America. In Brazil, Mexico and Colombia, there are lessons for AAP and Arvind Kejriwal as they assume power in New Delhi – and also for the Congress Party as well as the BJP
Even though the India-Latin America relationship is yet to realise its potential, there are unique initiatives bridging this gap. The landmark office of Tata Consultancy Services in Chennai, hailed for its energy efficiency, has been designed by two Uruguayan architects—an effort which represents the growing synergy
The Indian government has undertaken a massive financial inclusion scheme to bring bank accounts to the poor. But poverty alleviation needs to be addressed at multiple levels for which the Latin American example of using targeted and customised conditional cash transfer programmes can help India
The U.S. has finally ended its outdated policy of isolating Cuba. It is a triumph for the proud and courageous Cubans who have withstood so many overt and covert destabilisation attempts by the U.S. It is also a victory for Latin America which has opposed the U.S. embargo and advocated normalization of relations with Cuba
The reelection of the Left in the Uruguayan election highlights a re-consolidation of the power of the Latin American Left. The pro-poor policies of the Leftist governments in much of South America have lifted millions out of poverty. The result: the creation of a middle class that has strengthened the region’s democratic stability and created more opportunities for business
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
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
'Latin American Unification: A History of Political and Economic Integration Efforts' is an objective and optimistic narrative by Salvador Rivera of the region’s attempts at consolidating its collective strength