As global development finance becomes increasingly fragmented, developing countries are seeking to establish alternative channels to secure the flow of capital. Yet this financial redundancy also brings risks: rising debt burdens, greater administrative complexity, and a persistent dependence on the world's leading reserve currencies.
Latin America's growing middle class has reshaped politics. Today, fear of downward mobility is driving electoral volatility, political frustration and demands for stability.
With weak growth and a high dependence on external factors, Latin America faces the challenge of redefining its production model in an increasingly uncertain global environment.
Latin America is making progress on multiple fronts, but the lack of coordination between economic, social, and institutional advances prevents these gains from being translated into sustained well-being.
While remittances break records and ease the economies of many countries in the region, millions of Latin American households are being reshaped around an absence that leaves social, educational, and emotional marks.