Research Library

This paper examines the cash flow and financial issues affecting Venezuela’s PDVSA, as well as the operational challenges facing the country’s oil industry.

Nicaraguan President Daniel Ortega was elected to a third consecutive and fourth overall term as president Sunday. While Ortega has successfully revitalized Nicaragua’s economy, his reelection signals a return toward an authoritarian power structure that dismantles the country’s democratic progress.

Venezuela's fragile democracy is crumbling under President Nicolás Maduro. Latin America Initiative program director Erika de la Garza analyzes the country's political and economic crises in the Baker Institute Blog: http://bit.ly/2ekRNFH

This brief argues that, in contrast to the pessimism and ongoing recession in Latin America generated by the collapse of commodity prices, there are reasons for optimism in the area of external financing.

This working paper discusses the “pattern of wary engagement” between Russia and Iran and its implications for future regional security issues in the Middle East. The paper was presented as part of the "U.S.-Iran Relations at a Crossroads" conference at the Baker Institute.

While Mexico may indeed emerge from the recent oil price slump in better shape than most, tinkering with the solid macroeconomic foundations established by the country’s last three administrations could lead to trouble.

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.

In this paper, the author weighs the difficulties facing Venezuela in light of its dependence on oil export revenues.

Although the hemisphere is keen to insulate itself from Venezuela’s political and economic problems, the country constantly challenges regional capabilities in crisis management. The latest victim of the turmoil in Venezuela is the Brazilian government.

South America is likely facing a "second wave" of Chinese investment. How will China's rise to global economic power — and its transition to a new economic growth model — impact South America?