Latin America and the Caribbean's political systems are experiencing a gradual institutional decay that rarely manifests as outright democratic collapse but instead hollows out governance from within, the UNDP has warned in a new report.
Beijing controls 65% of global lithium refining while Latin America supplies the raw materials and absorbs the environmental costs. A new report warns the region risks permanent relegation to the bottom of the energy transition value chain.
One way to measure income inequality is to look at the share of all income that goes to the top income earners. The chart plots this for all seven South American countries with comparable 2022 pre-tax income estimates.
ECLAC trims Latin America's 2026 growth forecast to 2.2%, warning that soaring oil prices, tighter credit and slowing global trade are locking the region into a fourth consecutive year of sluggish expansion.
The Middle East conflict has landed on Latin America at an awkward moment. After two years of gradual progress bringing inflation under control, the region's central banks now face the prospect of that effort being undone by an external conflict.
Chile’s government has introduced a sweeping economic reform package aimed at boosting investment, accelerating job creation and cutting red tape, as growth remains subdued and unemployment pressures persist.
From Vaca Muerta to the Orinoco, Latin America is sitting on the world's most coveted untapped crude. The Iran war may finally force it to act.
Chile’s President José Antonio Kast has unveiled an ambitious package of more than 40 economic and regulatory reforms aimed at breaking what he described as a decade of stagnation.
The IMF raised its 2026 growth forecast for Latin America and the Caribbean by a tenth of a percentage point to 2.3%, while cautioning that the economic consequences of the war in the Middle East will most impact the region's smaller economies.
The World Bank has cut its 2026 growth forecast for Latin America and the Caribbean to 2.1%, down from 2.4% recorded last year, warning that the region faces a toxic combination of weak investment, tight fiscal space, and productivity deficits.
José Antonio Kast's fortified frontier project combines trenches, electrified fencing and military deployment, but unauthorised crossings had already fallen by more than half before he took office.