The Nov. 13 terrorist attacks in Paris have turned public opinion against allowing Syrian refugees to resettle in other countries. But rejecting refugees based on their religion or assumptions that they may assist ISIS in launching acts of terrorism betray universal values of freedom and equality.
Trade and financial shocks have worsened Latin America’s economic prospects in the past year. Latin America — and South America in particular — are expected to perform poorly into 2016.
The decade 2003-2013 was an exceptional one for Latin America in social terms, but less clearly so in economic terms. Growth slowed down significantly after the exceptional factors that fed the 2003-2007 boom came to an end. The possible unwinding of the super-cycle in commodity prices and, to a lesser extent, of the expansionary monetary policy of the United States, has added new challenges. But the major issue is the need to overcome the
poor long-term economic performance that has characterized the region in the post-market reforms period, particularly by adopting active production sector development strategies.
