Middle powers in the region will keep hedging between Washington and Beijing. It’s in the great powers’ interests to play along.
Amr Hamzawy, Kathryn Selfe
Source: Carnegie
Nancy Birdsall and Augusto de la Torre with Rachel Menezes
Transcript of the event
The Washington Consensus , which focused on structural adjustment and growth, has dominated economic policy change for over a decade worldwide. But times have changed. A new consensus has emerged that assigns high priority to reducing poverty and improving equity. This report sets out economic policies—10 domestic and one international—that would transform this consensus into political reality in Latin America.
Washington Contentious: Economic Policies for Social Equity in Latin America spells out the findings of the Commission on Economic Reform in Unequal Latin American Societies sponsored by the Carnegie Endowment for International Peace and the Inter-American Dialogue
Former Senior Associate
Rachel Menezes
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
Middle powers in the region will keep hedging between Washington and Beijing. It’s in the great powers’ interests to play along.
Amr Hamzawy, Kathryn Selfe
The future of American economic power will be determined by the interplay between Trump’s ambitions and the global backlash against them, as well as economic developments outside the direct control of the government, such as advances in AI.
Peter Harrell
Russia looks set to reap economic benefits from closer ties with Southeast Asian countries that are keen to find reliable energy suppliers and diversify trade ties.
Alexander Gabuev
To carry out its global AI agenda, Washington will need strategic relationships with emerging markets in Africa, starting with Kenya.
Jane Munga
Europe’s industrial supply chains leave it vulnerable to global shocks. The EU needs a pragmatic green industrial strategy that balances durable partnerships and bolsters homegrown clean tech without sacrificing low-carbon ambition.
Milo McBride, Pauline Gerard