Venezuela's perpetual political/economic fuck-ups (going on 125 years at this point? [0]), Argentina's recurring currency fuck-ups, some really nasty left-wing vs right-wing spats between countries, and a generally weak rule of law / judiciary (in comparison with executive branches) deserve mentioning too.
South America could stand to learn a LOT from ASEAN -- stability = international investment = economic growth = happy people = stability.
I hope it sorts itself out! And I know Columbia and Brazil are developing some impressive technical industries, especially since they share North America timezones. But it should be honest about the headwinds.
The problem is that the “stability” and invesment interventions from the USA has typically come with some rather unpleasant strings attached. I think it’s either patronising or ignorant to suggest that various Latin American countries policy decisions weren’t made with that in mind.
South America could stand to learn a LOT from ASEAN -- stability = international investment = economic growth = happy people = stability.
In contrast, in South America inveterate bickering about politics dominates and you end up with something like this: https://en.m.wikipedia.org/wiki/Template:Supranational_Ameri...
I hope it sorts itself out! And I know Columbia and Brazil are developing some impressive technical industries, especially since they share North America timezones. But it should be honest about the headwinds.
[0] https://en.m.wikipedia.org/wiki/Venezuelan_crisis_(disambigu...