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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Showing posts for "Peru"

Foreign Direct Investment in Latin America Hit Record Highs in 2011

by Shannon K. O'Neil
Employees work at the assembly line of Positivo Computers, Brazil's largest computer producer, in Curitiba (Cesar Ferrari/Courtesy Reuters). Employees work at the assembly line of Positivo Computers, Brazil's largest computer producer, in Curitiba (Cesar Ferrari/Courtesy Reuters).

Last year foreign direct investment (FDI) in Latin America continued its surge, topping $150 billion, an all time high for the region. According to the Economic Commission for Latin America and the Caribbean’s report “Foreign Direct Investment in Latin America and the Caribbean,” the inflows climbed 31 percent—the most of any region and three times Asia’s growth rate—and now represent just over 10 percent of total global investment (breaking into the double digits for the first time as well). Read more »

Violence and Insecurity in Latin America: New Survey Findings

by Shannon K. O'Neil
People in a local bus service travel past a crime scene, where three men were shot dead, in Monterrey (Stringer/Courtesy Reuters). People in a local bus service travel past a crime scene, where three men were shot dead, in Monterrey (Stringer/Courtesy Reuters).

Though specific countries usually capture the headlines for their bloodiness—Mexico, Guatemala, Honduras, and often Colombia—security problems are widespread throughout Latin America. For the region which holds the unfortunate distinction of being the world’s most violent, a new Latinobarómetro report looks at the recent trends, and through survey data,  tries to tease out how this affects perceptions, people, and, more broadly, democracy. Read more »

Latin America’s Economic Outlook

by Shannon K. O'Neil
Source: The 2012 IMF Economic Outlook Report for the Western Hemisphere Source: The 2012 IMF Economic Outlook Report for the Western Hemisphere

The recent IMF economic outlook report entitled, “The Western Hemisphere: Rebuilding Strength and Flexibility,” is overall quite bullish on the region. Fueled by favorable commodity prices and plentiful international credit, it lauds (as much as the IMF does) the steady growth of the past decade. Perhaps as important for the IMF, many Latin American governments have used rising revenues in economically sound ways. The region as a whole has turned deficits to surpluses, and lowered debt to GDP levels by some 15 percent. Many countries invested in targeted social programs, helping reduce regional poverty levels from 44 percent in 2002 to 33 percent in 2008. Read more »

Investing in Latin America

by Shannon K. O'Neil
The Botafogo neighborhood is seen with the famous Sugar Loaf Mountain in the background in Rio de Janeiro (Ricardo Moraes/Courtesy Reuters). The Botafogo neighborhood is seen with the famous Sugar Loaf Mountain in the background in Rio de Janeiro (Ricardo Moraes/Courtesy Reuters).

I just came back from speaking on a panel, on Brazil and Latin America more broadly, at a conference for institutional investors. We five panelists came from research, investing, and on-the-ground business backgrounds, providing a variety of perspectives and interesting conversation.  Overall three big themes emerged in our discussion: Read more »