Political changes in Latin America

Politics in Latin America

Latin America is experiencing massive democratic changes and instability in the last few years. While the pendulum of politics is swinging back, the democratic, progressive governments which prevailed previous year are gradually replaced by conservative or even neoliberal governments. 

Such shifts had a variety of reasons, including the reality that, after years in office, many people might have become a little sick of these new administrations, the inefficiency of their governance and their alleged bureaucratic bribery, and corruption. 

Political coups 

The Honduran Congress addressed President Manuel Zelaya's misrepresentation as the acts of its Government abused the Constitution and the judiciary in the Central American country in June 2009. In June 2012, Fernando Lugo was accused of poor performance by the Paraguayan Senate, which led to his resignation from office. 

The Brazilian Congress used the tactic yet again in May 2016 when it accepted the prosecution of Dilma Rousseff for suspected wrongdoing, which contributed to her firing. Finally, there was an additional effort to do the same after the National Assembly of Venezuela defeated president Maduro. Nevertheless, the Supreme Court, the regulatory body that might approve the change, declined to render the judgment. 

Business heads becoming head of the nation

Many of these adjustments were also rendered through recent polls that repositioned conservative forces of legislatures in northern, central, and southern America. The businessman Mauricio Macri won the December 2015 Presidential elections in Argentina, for example, which highlights another phenomenon in the country. It is the case in Chile (with the previous President of Chile and now President, Sebastian Pinero, and Panamanian Chairman Juan Carlos Varela, as well as elite business people in the country, being president. 

Concerns about the environment

In Brazil, President Jair Bolsonaro, on the extreme right, pledged economic liberalization, better days, and a healthier environment in contrast with previous administrations' violent crimes and systematic bribery. In Mexico, the first socialist president in seven decades, Andres Manuel López Obrador, confronts difficulties suppressing refugees moving from southern countries to the U.S., thus transitioning to the modern environment after NAFTA renegotiation took place last October. 

Economic turmoils

In Cuba, Miguel Diaz-Canel is the first non-Castro president of the world to do so in 50 years, and his attempts to pursue economic liberalization are hampered by the hatred of the Trump administration and the disillusionment it aims to draw from investors. Cuba's rivalry with the U.S. is a damper, which may be a barrier in its liberalization. 

President Mauricio Macri struggles in Argentina in an election year to contend with the aftermath of authoritarian measures and a weak recovery from his predecessor. President Nicolas Maduro of Venezuela is the outlier in the world. He was sworn in for a second term, even though his re-election was illegal, and the once-rich country is in economic turmoil. 

The changing scenario of Venezuela

In Venezuela, Nicolas Maduro ended his second year of six, following clearly rigged polls, but he doesn't seem to have a plan or forum. For years now, Venezuela has been in a state of economic and political crisis, and whether anything can drag the nation out of it is unknown. Yet Maduro still is impossible to do that for a second term. 

Venezuela was once the wealthiest country in Latin America and was the world's most enormous oil reserves. Nevertheless, its pervasive corruption and mismanagement have led its people to endure privations such as drought, hunger, and protests over medicine and food scarcity. For example, a rough inflation rate of 10 million percent has been foreseen by the International Monetary Fund for the next year. 

Maduro's stamp of control by what many claims is a strict mandate has been widely rejected, including the neighboring countries of Venezuela in the so-called Lima Party, which comprises Brazil, Argentina, and Columbia. At the same time, Mexico's Government appears to be side by side with Maduro. 

The Brazilian Economic War

In Brazil, Jair Bolsonaro ended the year with his presidency. Many people, especially for comments on women, disregarding the Paris Climate Agreement in 2015 and his position on gun rights, liked him to Trump. In matters particularly significant to his political base, Bolsonaro has taken several aggressive moves. 

It involves the exit from the migration pact, the launch of a cycle of liberalization of armed arms that it supports in Brazil, and the closing of the Labor Department ahead of its promised labor reforms. The LGBT group and aboriginal settlers have also, controversially, agreed on defense. 

Bolsonaro's willingness to conduct actions on risky and outlying areas but instead violent guerrilla operations do not contribute to any progress. 

Populist measures that backfired in Argentina

Argentina is experiencing a declining market with its populist actions. Mauricio Macri, the Argentinian President, is struggling toward a stagnant economy, increasing inflation and declining currency. Cristina Fernández de Kirchner, the predecessor to Macri, was willing at the election in October / November 2019 to pursue a robust war with nationalist programs. Macri had borne all of these issues; external causes too must be blamed. From the devastation that he has inherited from his current nationalist project, much in his supporters would know that it will practically not drive voters to reelect a nationalist again.

Conservative leadership in Mexico

New President Andres Manuel Obrador has many battling fields in Mexico, including refugees from far south nations. It is not apparent if Lopez Obrador has assistance from the United States to tackle the migrants' issue. 

From an economic viewpoint, LópezObrador will ensure that Mexico's priorities, particularly in automotive fields, are guardians of the renegotiated NAFTA, the U.S. - Mexico-Canada Agreement. In general, providing economic development is more vital and that the Government of LópezObrador is more conservative and a little progressive. 

Conclusion 

USA's exit from the region has prompted China to accept every possibility of expansion, noting that Chinese involvement is visible in other nations, such as Venezuela. 

For Latin American governments, Chinese capital is entirely irresistible. Latin American Corruption has also rendered it possible for Chinese businesspeople to reach the country. While corruption-related threats impede the discovery of traditional investors in public-private investment projects in the countryPolitics in Latin America, it's the Chinese capital they are focusing on.

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1014 Words

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May 27, 2020

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3 Pages

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