Analysis

Report Cover for Latin American State Oil Companies and Climate Change

Latin American State Oil Companies and Climate Change: Decarbonization Strategies and Role in the Energy Transition

Latin American national oil companies (NOCs) have made important advances in slashing emissions from their operations through techniques such as reducing flaring, improving energy efficiency, and injecting CO2 for enhanced oil recovery, according to a new report by the Inter-American Dialogue and the Inter-American Development Bank. Yet, progress in producing lower carbon energy sources for consumers has been sluggish, no Latin American NOC has committed to net zero emissions, and for some companies emissions are on the rise, the report finds.

Lisa Viscidi, Sarah Phillips, Paola Carvajal, Carlos Sucre

Reports ˙ ˙ Download Report

Protesters in Chile have long aired grievances over the country’s pension system. President Sebastián Piñera proposed reforms earlier this year, and now a group of senators wants to nationalize the system. // File Photo: CONSTRAMET.

Should Chile’s Pension System Be Nationalized?

Should Chile’s pension system be nationalized, and how would such a move affect current and future retirees?

Fernando Larraín, Olivia Mitchell, Sergio Urzua, Alfonso de Urresti, Kathleen Barclay, Peter Winn

Financial Advisor ˙

The Covid-19 pandemic has spurred debate over whether countries should provide their citizens a universal basic income. // File Photo: Mexican Government.

Should Countries Provide a Universal Basic Income?

What would a Universal Basic Income system look like in Latin America and the Caribbean, and what unintended consequences might such a system bring?

Claudio Loser, Nora Lustig, Claudio M. Loser, Mac Margolis, Paul R. Katz

Latin America Advisor ˙

International companies and local industry groups have blasted Mexican President Andrés Manuel López Obrador’s new power sector measures.

Do Mexico’s New Power Sector Rules Favor the State?

What do the new rules in Mexico’s power sector entail, and why have the sparked controversy among energy companies and local industry groups?

Héctor Castro Vizcarra, Jeremy Martin, Víctor Rodríguez, Dino Barajas, Geoffrey Jones, Pedro Niembro, Jose L. Valera, Doris Rodriguez, Carlos Chavez, Carlos Ochoa

Energy Advisor ˙

Jose Angel Gurria Video

Assessing the Economic and Social Impact of Covid-19 – A Conversation with OECD Secretary-General, Ángel Gurría

On May 22, 2020, the Inter-American Dialogue hosted “Assessing the Economic and Social Impact of Covid-19 – A Conversation with OECD Secretary-General, Ángel Gurría.” Before being appointed Secretary-General in 2006, Gurría served as Minister of Foreign Affairs and Minister of Finance and Public Credit for his home country of Mexico. He has been a member of the Dialogue since 2001.

Sarah Galbenski

Event Summaries ˙

File Photo: WTO.

Can a New Leader Revitalize the World Trade Organization?

What did Brazil’s Azevêdo bring to the WTO, and how does his early departure affect the organization and its work?

Kellie Meiman, Kristen Hopewell, Gary Hufbauer, Richard Eglin, Renata Vargas Amaral

Latin America Advisor ˙

Virtual Members Forum

Virtual Forum for Dialogue Members

On May 19, the Inter-American Dialogue hosted its first virtual forum for Dialogue members to discuss the implications of the Covid-19 crisis on Latin America and the Caribbean.

Sofia Lalinde, Casey Wetherbee

Event Summaries ˙

Michael Shifter en entrevista con Canal N Video

El impacto del Coronavirus en Perú

En esta entrevista para el programa 20/20 de Canal N, Michael Shifter y Mávila Huertas hablaron sobre los efectos del Covid-19 en América Latina, la situación actual en Perú, la importancia de las instituciones y las diferencias entre esta pandemia y la crisis financiera de 2008-2009.

Michael Shifter, Mávila Huertas

Interviews ˙ ˙ Canal N

Money transfers to Venezuela

Money Transfers to Venezuela: Remittance Flows Amidst Evolving Foreign Exchange

This report offers an overview of how foreign currency regulations affect money transfers to Venezuela in addition to describing and explaining Venezuelan migrant remitting behavior in six migrant host countries. It also provides an estimate of the aggregate volume of remittances sent to Venezuela.

Manuel Orozco, Kathryn Klaas

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Argentine President Alberto Fernández’s government is seeking debt relief in talks with international creditors. // File Photo: Argentine Government.

Will Argentina Be Able to Reach a Deal With its Creditors?

What are the major sticking points keeping Argentina and its international creditors from reaching a deal, and what needs to happen for the country to avoid a default on May 22?

Jorge Argüello, Kezia McKeague, Arturo Porzecanski, Horacio Verbitsky

Latin America Advisor ˙

Video

Beleaguered Brazil

On May 7, 2020, the Inter-American Dialogue hosted “Beleaguered Brazil,” to discuss recent developments in Brazil such as the resignation of Sergio Moro as justice minister, Moro’s accusations against President Jair Bolsonaro, and the possible implications of Bolsonaro’s response to Covid-19 and its economic impacts.

Catharine Christie, Carole Botello

Event Summaries ˙

Some of Mexican President Andrés Manuel López Obrador’s policies have unnerved investors. // File Photo: Mexican Government.

Is López Obrador Eroding Mexico’s Business Climate?

How are President Andrés Manuel López Obrador’s policies affecting Mexican companies and foreign investors’ appetite for putting money into the country’s businesses?

Salvador Fonseca, Adrián Magallanes, Duncan Wood, Leonardo Beltrán

Latin America Advisor ˙

Inter-American Development Bank President Luis Alberto Moreno recently cited technology companies in Colombia among the innovators during the Covid-19 pandemic. // File Photo: Inter-American Development Bank.

Can Innovation and Tech Help Colombia Cope and Recover?

How can innovation and technology be deployed in Colombia in education, health, financial services and other areas affected by the health and economic crises?

Maria Velez de Berliner, Laura Gaviria Halaby, Felipe Colmenares, Kathleen McInerney

Latin America Advisor ˙