The aftermath of World War II and the Great depression in Latin America and Caribbean countries (LAC’s) industrialization was marked by an import-oriented strategy (ISI). However, as the international market recovered, countries in the LAC adopted a process of liberalization, that was accompanied by the robust implementation of an export-oriented industrialization strategy or (EOI). Briefly, we explain the two strategies, Import-oriented industrialization (ISI) and Export-oriented industrialization (EOI) in Latin American and Caribbean countries.
As Guyana, a small and often under discussed Latin American nation faces its own economic and political complications, it is undisputed that the devastating and looming threat of climate change will negati
On Tuesday, March 19, President Donald Trump met his match as his Brazilian counterpart, recently-elected Jair Bolsonaro, arrived for a meeting at the White House to conclude his highly-anticipated trip to the United States.
On Tuesday, December 6, news broke that the government of Panama had awarded a $1.4 billion contract to a Chinese consortium to initiate a new infrastructure project on the Panama Canal. The new contract will allow the Chinese consortium to begin construction of a massive bridge over the Panama Canal connecting Panama City to its western suburbs. This deal comes directly after Chinese president Xi Jinping paid a visit to Panama—the first Chinese leader ever to do so—during a 4-part tour to Spain, Argentina, Panama and Portugal. President Xi’s tour overlapped with the occurrence of this year’s G20 Summit in Buenos Aires.
Historically, Uruguay’s top trading partners have been its two neighboring countries, Brazil and Argentina. As a member of Mercosur, the Southern Cone Common Market, composed of many Latin American nations, the Pacific bordering nation has enjoyed elite trading opportunities between the other Mercosur members (Australian Government).
China’s involvement in Latin America has been rapidly increasing in the past two decades with Chinese companies investing over $110 billion since 2003, but primarily in the last five years. The nature of these investments has been changing as well.
Latin America may be the last place you would expect to see someone who is Chinese. Yet surprisingly, scattered around Latin America, there are many pockets of Chinese immigrants, many of whom consider these nations home. In the areas where there are large Chinese populations, you may even find a Chinatown or un barrio chino.