As Boom Ends, Corruption Backlash Could Transform Latin America

Demonstrators wave Guatemalan flags as they celebrate that Congress voted to withdraw President Otto Perez Molina's immunity from prosecution, Guatemala City, Sep. 1, 2015 (AP photo by Moises Castillo).
Demonstrators wave Guatemalan flags as they celebrate that Congress voted to withdraw President Otto Perez Molina's immunity from prosecution, Guatemala City, Sep. 1, 2015 (AP photo by Moises Castillo).

The good times are winding down in much of Latin America, and with them ends not only a period of economic growth but very possibly also one of relative political stability. As the global economy and financial markets strain to adjust to a slowdown in China, for years one of the world’s principal engines of growth, no region of the world will feel a more painful punch from the new reality. In fact, the International Monetary Fund’s growth projections show Latin America and the Caribbean with the slowest economies of any major region this year. Such a sharp deceleration inevitably […]

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