How Latin America is finding its path to economic prosperity again a just transition as the target

How Latin America is finding its path to economic prosperity again : a just transition as the target

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Bibliographic Details
Statement of responsibility:Günther Maihold ; Stiftung Wissenschaft und Politik - German Institute for International and Security Affairs
Main Author: Maihold, Günther, 1957- (Author)
Other Authors: Stiftung Wissenschaft und Politik
Format: eBook
Language:English
Published: Berlin : SWP, [April 2023]
Physical Description:1 Online-Ressource (6 Seiten) : 1 Diagramm
Series:SWP comment 2023, no. 21 (April 2023)
FIV classifikation:
RD (Latin America) ;
SH02 (Economic development / Economic policy) ;
SH04 (Natural resources / Processing of raw materials)
FIV-Subjects:
Lateinamerika ;
Südamerika ;
Wirtschaftliche Entwicklung ;
Regionale Wirtschaftspolitik ;
Regionale Wirtschaftsstruktur ;
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Description
Summary:The traditional image of Latin America as a troubled region seems to continue even after the Covid-19 crisis, this time in the wake of the war in Ukraine and the sanctions imposed by the West. Inflationary pressures, budget deficits and the danger that broad sections of the population will slip into poverty are fuelling negative scenarios. There are initial indications that some countries are already experiencing payment difficulties. Demands from Latin American governments for debt relief or the renego­tiation of foreign debt are being put on the agenda as part of a reorientation of the development model towards sustainability and climate protection criteria. This re­quires a far-reaching structural change, away from the traditional commodity-based economies and towards an environmentally and socially compatible development path. Germany and Europe must also shift course by contributing to the conservation of natural resources and not just to their exploitation.
Item Description:"English version of SWP-Aktuell 24/2023"
Gesehen am 04.04.2023
DOI:10.18449/2023C21