Shannon K. O'Neil

Latin America's Moment

O'Neil analyzes developments in Latin America and U.S. relations in the region.

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Latin America in the Global Economy

by Shannon K. O'Neil
December 17, 2012

A few weeks ago, the Council on Foreign Relations hosted a discussion with Antoine van Agtmael and Claudio Loser (and moderated by Theodore Moran) on Latin America and the global economy. The two panelists focused their remarks on the many recent successes and growing opportunities in the region: its abundant energy resources, the rise (and importance) of the middle class, and Latin America’s overall growth and stability. But they also brought up the remaining challenges that weigh on future growth: infrastructure, education, and the many economic monopolies. Although disagreements arose throughout the conversation (particularly in comparisons with Asia), the general consensus was one of cautious optimism for the region’s future and the message that Latin America’s economic future matters for its own countries, for the United States, and for the overall global economy.

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