As more right-wing populist leaders appear throughout Latin America, Brazilian economist Tiago Falcão gave a presentation at the Institute of the Americas to speak on how this new phenomenon will influence government social spending programs.
by Rebeca Camacho
With the rise of populist leaders all throughout the world, scrutiny of social welfare programs reclaimed attention in the political sphere. On Wednesday, January 29, 2020 the University of California, San Diego’s School of Global Policy and Strategy and Center on Global Transformation hosted Pacific Leadership Fellow and Brazilian economist Tiago Falcão, who gave a presentation on the resurgence of populism and its implications on social welfare programs in Latin America. The event took place in the Malamud Room, located in the Institute of the Americas where many scholars, researchers, and industry experts meet to evaluate developments in the region.
Continue reading “UCSD Event: Is Populism Reshaping Social Protection in Latin America?”
With the rise of cryptocurrencies in the world market, many Latin American countries are now integrating the digital coins into their national economies. For Venezuelan President Nicolas Maduro, betting on crypto could be the last resort.
by Sebastian Preising
What does a country do if they are suffering from hyperinflation, rampant government corruption, and are bordering on total economic collapse? Some states may choose to adopt another nation’s currency or elect anti-corruption politicians, others are starting to turn towards unconventional solutions. In Venezuela, Bitcoin has already begun steadily replacing the hyper-inflated Bolivar as the nation’s primary transaction currency. In the last week alone, Venezuela reportedly traded over $350 billion Bolivars for Bitcoin, and continues to do so at an increasing rate.
Continue reading “Pegging on The Petro: Venezuela’s Crypto-friendly Strategy to Save a Failing Economy”
by Marc Camanag
Although there is little consensus on whether Bolivia’s recent shift in leadership constitutes a coup, there is a power struggle plaguing the nation. Amidst widespread protests, it is clear that the resignation of former president Evo Morales carried very real consequences for the Latin American nation and its people. But to what extent? The fall of Morales — the country’s first indigenous president — after nearly fourteen years in office sparked violent protests between his native loyalists and defected police forces. While mostly rooted in deep-seated fears of regression, strong opposing ideologies in Bolivia date back to earlier times involving oppressive post-colonial structures.
Continue reading “Bolivia In Crisis: The Legacy of Evo Morales”