Latin America is no longer the United States’ ugly step sister
While not quite a full reversal of fortunes, in recent years Latin America has enjoyed far greater economic success than its partners to the north. Slow economic growth in US and Canada has not only changed the economic, but also the political dynamics between the two hemispheres asserts the Economist.
“Most countries in Latin America are coming to see the United States as ‘less and less relevant to their needs—and with declining capacity to propose and carry out strategies to deal with the issues that most concern them.’
“The danger is not so much that anything dire will happen, they say; more that if America’s engagement with the region remains “listless”, urgent work will be neglected and useful opportunities missed, with potentially wretched long-term consequences for the whole hemisphere,” argues the magazine.