LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

July 10, 2023

Why Is Peru’s Coca Cultivation at Record Levels?

The amount of land in Peru under the cultivation of coca grew 18 percent in 2022 to a record high. Government agents are pictured eradicating coca plants in Peru’s Ucayali region. // File Photo: Peruvian Government.

Q

A

Vanda Felbab-Brown, senior fellow for foreign policy at the Brookings Institution: “Three factors account for the increase in cocaine production in Peru: 1.) the growth in global demand for cocaine; 2.) the expanding presence of Colombian and Brazilian drug trafficking groups in Peru; and 3.) Peru’s struggling counternarcotics policies. Even as the world is experiencing a global revolution in synthetic drugs and the U.S. cocaine market has flattened, cocaine use has expanded in Europe, Australia and the Southern Cone and is creeping up even in Africa. Much of the cocaine consumed in western and central Europe originates in Peru (little from Peru heads to the United States). Cocaine use in Argentina and Brazil may well be on par with that of the United States. The remnants of the Shining Path still tax cocaine production in the traditional center of Peru’s cultivation—the VRAEM region. But Colombian and Brazilian traffickers have organized new…”

Top News

Presidents of Colombia, Brazil Vow to Protect Amazon
The presidents of Colombia and Brazil met Saturday and vowed to work together to protect the Amazon rain forest.
Caribbean Leaders Denounce U.S. Sanctions Against Venezuela
Caribbean leaders said Friday that sanctions against Venezuela have forced them to buy petroleum from more expensive sources.
El Salvador’s Ruling Party Taps Bukele for New Presidential Term
El Salvador’s ruling New Ideas party on Sunday officially tapped President Nayib Bukele as its candidate for next year’s presidential election. Critics say the country’s constitution bans re-election. // File Photo: Salvadoran Government.

Complete editions of the Latin America Advisor are delivered on a biweekly basis to members of the Dialogue’s Corporate Program and other subscribers. Sign up below for a free complimentary preview subscription.

ABOUT THE LATIN AMERICA ADVISOR

The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

Subscribers

Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

Subscribe To
Latin America Advisors

* indicates required field

The Inter-American Dialogue Education Program

SUBSCRIBE TO OUR NEWSLETTER / SUSCRÍBASE A NUESTRO BOLETÍN:

* indicates required