China Slowdown Fuels Uncertainties For Chile's Copper Industry, Violent Labor Strife
Cynthia J. Arnson, Director of the Latin American Program, is quoted in the International Business Times on the effect of China's economic slowdown on the copper industry in Chile.
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“This is a very, very difficult moment for countries that had banked on commodity exports to China,” says Cynthia Arnson, the director of the Latin American Program at the Woodrow Wilson Center for International Scholars, a Washington-based think tank.
Arnson says Chilean authorities are, to some degree, equipped to handle this sort of downturn. “It has solid financial institutions, an independent central bank and has also made efforts to move up the value chain into processing of primary commodities,” she says. “With that said, the structure of the Chilean economy has not changed all that much.”
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Latin America Program
The Wilson Center’s prestigious Latin America Program provides non-partisan expertise to a broad community of decision makers in the United States and Latin America on critical policy issues facing the Hemisphere. The Program provides insightful and actionable research for policymakers, private sector leaders, journalists, and public intellectuals in the United States and Latin America. To bridge the gap between scholarship and policy action, it fosters new inquiry, sponsors high-level public and private meetings among multiple stakeholders, and explores policy options to improve outcomes for citizens throughout the Americas. Drawing on the Wilson Center’s strength as the nation’s key non-partisan policy forum, the Program serves as a trusted source of analysis and a vital point of contact between the worlds of scholarship and action. Read more