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ANNUAL REPORT

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44<br />

ATLANTIC COUNCIL 2015 <strong>ANNUAL</strong> <strong>REPORT</strong><br />

ADRIENNE ARSHT LATIN AMERICA CENTER<br />

45<br />

THE NEW LATIN AMERICA<br />

Stereotypes obscure<br />

a democratic and stable<br />

continent transformed by<br />

globalized economies<br />

ADRIENNE ARSHT LATIN<br />

AMERICA CENTER<br />

When the Organization for Economic<br />

Cooperation and Development (OECD)<br />

granted President Juan Manuel Santos’s<br />

request to begin accession negotiations,<br />

Colombia set course to become Latin<br />

America’s third member country—after<br />

Mexico and Chile—in the elite thirtyeight-nation<br />

club of industrialized economies. The moment marked a milestone of<br />

transformation for a country with double-digit manufacturing growth and a booming<br />

energy sector.<br />

Across Latin America, democracies are thriving, supported by a rising middle class.<br />

Individual countries assume larger roles on the global stage, as innovators and as<br />

trading partners. Argentina, Brazil, and Mexico are members of the Group of Twenty<br />

(G20), playing prominent roles in shaping the world economy. In Latin America, more<br />

women have achieved levels of power—presidencies and legislative assemblies—<br />

than nearly any other region. However, much of the world continues to view Latin<br />

America through outdated lenses shaped by old stereotypes, and fails to grasp the<br />

extent and meaning of the region’s dramatic transformation.<br />

Cubans gather for the opening of the US Interests Section in Havana on July 20, 2015<br />

as the two countries begin a new era of post-Cold War relations.<br />

(Photo by REUTERS/Jonathan Ernst.)<br />

atlanticcouncil.org

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