Latin America calls on its political leaders to buck up

The major theme to emerge over the past year is the demand of the region’s growing middle class for better governance and improved public services in return for their hard-earned tax dollars. These demands have erupted at a time of slowing economic growth and the end of the decade-long commodities dividend that gave a massive spurt to the region and stimulated a major consumer boom in countries like Brazil. This new ‘economic miracle’ allowed sitting governments to delay implementation of the complicated and politically-sensitive structural re- forms still pending in several countries — tax and labour market reforms in Brazil for example — that could help set the foundations for stronger and more sustainable growth over the medium term and reduce the region’s vulnerability to the boom-bust commodity cycle. But governments also failed to use the commodities dividend to invest sufficiently in basic public services – education, healthcare, transport infrastructure etc, with the result that in many cases they have simply collapsed under the weight of the increased pressure on them.


More recent canning papers

Becoming a member at Canning House

By joining as an individual member you’ll have the opportunity to access our wide range of public events at a discounted rate, as well as additional benefits such as online access to in-depth reports, webinar recordings and This Week in Latin America news articles.

Join now

Find out more about our membership plans

Sign up to our newsletter

Get the latest information on upcoming Canning House events and other events related to Latin America and Iberia across the UK and beyond.