Latin American Keys is an informative and analytical summary regarding the political and economic situation in the Latin American region. These key takeaways, prepared monthly by ATREVIA´s Analysis and Research team, serve to be a useful tool in understanding the evolution of the political-institutional state of Latin America, a need that the pandemic has further exaggerated.
Latin America has presented a noticeable dichotomy over the last month. The economy of some countries shows signs of stabilization and growth, while others face increasing challenges due to political uncertainty. In this context, Peru, Ecuador, Bolivia, and Chile emerge as notable examples of states grappling with social and political turbulence, while Mexico, Brazil, Uruguay, and Colombia exhibit varied positive economic outcomes.
In Peru, President Dina Boluarte deals with growing popular rejection in a polarized context. A similar instability is shared by Ecuador, where violence entered the political arena following the assassination of candidate Fernando Villavicencio, shaking the country during ongoing presidential elections.
Controversy centers around the eldest son of Colombian President Gustavo Petro, accused of illicitly funding his father’s campaign as the country prepares for upcoming regional elections in October. Mexico also prepares for the 2024 elections amidst political tensions and a stable economy seeking to capitalize on trade opportunities.
Brazil is also working to revitalize its economy with the launch of the Growth Acceleration Program, after finally reducing high interest rates. Despite achieving stability in this regard, Chile still faces persistent challenges in terms of protests and social demands for equality and justice.