In limited but important ways, Washington can positively influence economic policy in Latin America. At a time when some countries in the region have seen the rise of populist governments, political turmoil, and a general backlash against free-market reforms that were partially implemented in the 1990s, the United States should exercise its influence by opening its market to the region’s goods and by encouraging market reforms.

More on Latin America and Caribbean


Cato Studies

Kingpin Approaches to Fighting Crime and Community Violence: Evidence from Mexico’s Drug War

By Jason M. Lindo and María Padilla-Romo. Research Briefs in Economic Policy No. 31. July 29, 2015.

Retail Globalization and Household Welfare: Evidence from Mexico

By David Atkin, Benjamin Faber, and Marco Gonzalez-Navarro. Research Briefs in Economic Policy No. 30. July 15, 2015.

Growth without Poverty Reduction: The Case of Costa Rica

By Juan Carlos Hidalgo. Economic Development Bulletin No. 18. January 23, 2014.


Argentina’s Fall From Grace

Steve H. Hanke. Liberty. July 2011.

Why Argentina Did Not Have a Currency Board

Steve H. Hanke. Central Banking. Vol. 18. No. 3. February 2008.

Where is the Case Against FleetBoston Execs in Argentina Headed?

Steve H. Hanke. Latin America Advisor. November 11, 2003.

Cato Reviews & Journals


Colombia: Peace at Any Price?

Featuring Juan Carlos Hidalgo. March 30, 2016. Policy Forum.

Narconomics: How to Run a Drug Cartel

Featuring Juan Carlos Hidalgo. March 2, 2016. Book Forum.

The Global Village Myth: Distance, War, and the Limits of Power

Featuring Justin Logan. May 26, 2015. Book Forum.