Latin America continues to turn to the Left. Michelle Bachelet became president of Chile in March and has promised fiscal reform; Salvador Sanchez Ceren took over as president of El Salvador in June and will tackle inequality; and in Costa Rica too, the centre-left Luis Guillermo Solis assumed power
R. Viswanathan, Distinguished Fellow, Latin America Studies, Gateway House, has been following the movements in Ukraine and Venezuela closely. In this interview, he explains the parallels and the impact on Venezuela
With elections scheduled in seven Latin American countries, 2014 will be a year of significant political developments in the region. As we enter 2014, Gateway House examines the important events that defined Latin American politics and economy in 2013
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.
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.
Merco Press republished Ambassador R. Vishwanathan's article on the impeachment of the Paraguayan President, Fernando Lugo. He argues that although the incident 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.
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.
The newly-formed Pacific Alliance bloc seems more like a political club to counterbalance the Atlantic-facing, Brazil-led Mercosur group. However, the bloc accounts for 30% of India’s trade with Latin America. Can India engage the group so it is not left out from their Asia focus?