Can Latin America Escape its Interlocking Crises?
Latin America faces a new era marked by economic slowdown, geopolitical tensions, and declining institutional capacity. The region needs to embrace long-term planning, invest in education, and strengthen institutions to navigate these challenges and secure a prosperous future.
In an era defined by rapid geopolitical shifts and technological transformations, the Americas region finds itself at a pivotal juncture. According to Javier Enrique Medina Vásquez, Deputy Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC), the guiding principles that have historically shaped governance across the region are undergoing profound changes. Security, now a dominant force in policy formulation, has emerged as the cornerstone of contemporary governance strategies, overshadowing other priorities.
Delivering the keynote address at the 17th National Dialogue for a Social Mexico, titled “Horizons 2030 for Development”—an event hosted by the National Autonomous University of Mexico (UNAM)—Medina Vásquez emphasized the depth of this transformation. “We are not witnessing an era of change,” he declared, “but rather a change of era.”