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Geopolitics of the Americas
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LATIN ALLIANCE: USA Losing Power? ANALYSIS!
Latin America is in turmoil. While the world watches geopolitical tensions in other parts of the globe, a new dynamic is emerging in the American continent, challenging the traditional hegemony of the United States. An alliance is forming, a bloc that seeks to redefine power and influence in the region. Could this be the seed of a new world order? Is Brazil at the center of this chessboard? The answers to these questions are crucial to understanding the future of Latin America and the role of Brazil in this complex and ever-changing scenario. geopolitics of the Americas. continente americano.
Context/Current Situation
For decades, the United States has wielded considerable influence in Latin America, both politically and economically. However, in recent years, there has been a growing sense of autonomy and a desire to diversify international partnerships. Several factors contribute to this change: the rise of governments with different ideologies, the search for new markets, and the increasing dissatisfaction with American policies in the region. geopolitics of the Americas. continente americano.
Recently, countries like Brazil, Argentina, Colombia, Mexico, Venezuela, Bolivia, and Chile have shown a renewed interest in strengthening regional ties and creating mechanisms of cooperation that make them less dependent on external powers. This quest for autonomy is manifested through trade agreements, joint infrastructure projects, and initiatives for political and cultural integration. geopolitics of the Americas. continente americano.
One of the most recent examples of this trend is the discussion about creating a common currency for commercial transactions among the region’s countries, a measure that, if implemented, could significantly reduce dependence on the US dollar. This initiative, inspired by regional integration models in other parts of the world, poses a direct challenge to the US economic hegemony in Latin America. geopolitics of the Americas. continente americano.
In-Depth Analysis (with data)
The formation of this bloc, although still in its early stages, represents a turning point in regional geopolitics. Analyzing the data and motivations behind this alliance is essential to understand its potential impact. geopolitics of the Americas.
According to data from the Economic Commission for Latin America and the Caribbean (ECLAC), intra-regional trade in Latin America represents only about 14% of the region’s total trade, compared to 60% in the European Union and 40% in Asia. This data demonstrates the vast growth potential of regional trade and the need to strengthen economic ties among Latin American countries. geopolitics of the Americas.
Furthermore, a World Bank study reveals that Latin America has one of the highest income inequalities in the world, with an average Gini index of 0.47. This social inequality fuels political instability and popular discontent, which in turn drives the search for political and economic alternatives. geopolitics of the Americas.
China also plays a crucial role in this scenario. The Asian country has become an important trading partner for many Latin American countries, investing in infrastructure, energy, and natural resources. In 2022, trade between China and Latin America reached US$ 450 billion, a significant increase compared to previous years. This growing Chinese presence in the region challenges the traditional influence of the United States and offers Latin American countries an alternative for development. geopolitics of the Americas.
Moreover, public opinion polls reveal a growing anti-American sentiment in some Latin American countries. According to a Pew Research Center survey, in 2023, only 43% of Latin Americans have a favorable view of the United States, compared to 61% in 2015. This decline in US popularity reflects dissatisfaction with American policies in the region, such as support for authoritarian regimes, military interventions, and unfavorable trade policies. geopolitics of the Americas.
Venezuela’s role is also important. Despite economic sanctions imposed by the US, the country remains a relevant player, mainly due to its oil reserves. The Venezuelan government has sought to strengthen ties with other countries in the region, such as Brazil and Argentina, in search of political and economic support. geopolitics of the Americas.
And what about the influence of ideology? The rise of left-wing governments in several Latin American countries, such as Brazil, Colombia, and Chile, has contributed to the formation of this alliance. These governments share a critical view of neoliberalism and American hegemony, and seek to promote regional integration and social justice policies. geopolitics of the Americas.
Concrete Data:
- Intra-regional trade: 14% of Latin America’s total trade (ECLAC).
- Average Gini index: 0.47 (World Bank).
- China-Latin America trade (2022): US$ 450 billion.
- Favorable view of the US (2023): 43% (Pew Research Center).
- Chinese investment in infrastructure in Latin America
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