Latin America’s vicious circle is a warning to the West

Economic stagnation, popular frustration and polarised politics are reinforcing one another


  • by
  • 06 16, 2022
  • in Leaders

vote in a this weekend Colombians face a grim choice between two ill-qualified populists. On the left, Gustavo Petro has still not wholly shaken off his long-standing sympathy for Hugo Chávez, the who destroyed Venezuela’s economy and its democracy. On the right, Rodolfo Hernández is a bullying former mayor with no team and not much of a programme beyond expelling “the thieves”, as he calls the political class. This line-up reflects voters’ deep scorn for Colombia’s mainstream politicians, even though the country has done relatively well over the past 20 years. It is the kind of polarised choice that has become worryingly familiar in Latin American elections. In a region that was discontented even before the pandemic, there no longer seem to be many takers for the moderation, compromise and gradual reform needed to become prosperous and peaceful.That matters not just to Latin America, but to the world. Despite everything, the region remains largely democratic and should be a natural ally of the West. It can play a vital role, too, in helping solve other global problems, from climate change to food security. It is home not only to the fast-diminishing Amazon rainforest and much of the world’s fresh water but also to a wealth of commodities needed for green energy, such as lithium and copper. It is a big food exporter and could provide more.

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