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As Congress considers reauthorizing the United States International Development Finance Corporation (DFC), lawmakers from both parties are recognizing Latin America’s importance to US interests. Increased American investment in the region could help counter China’s Belt and Road Initiative, drive economic growth in the Western Hemisphere, and promote America’s global standing.
Beijing’s efforts to increase its influence in Latin America have intensified over the past decade. Chinese investments in Latin America since 2015 exceed $130 billion. Meanwhile, political instability and insecurity have compounded longstanding economic challenges in the region. In these conditions, the US urgently needs a new economic engagement strategy that prioritizes broad-based economic development.
Join Hudson for a panel that will examine some of the tools that could help revitalize US investment in the region, including development finance, political risk insurance, and economic innovation zones.
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As Congress considers reauthorizing the United States International Development Finance Corporation (DFC), lawmakers from both parties are recognizing Latin America’s importance to US interests. Increased American investment in the region could help counter China’s Belt and Road Initiative, drive economic growth in the Western Hemisphere, and promote America’s global standing.
Beijing’s efforts to increase its influence in Latin America have intensified over the past decade. Chinese investments in Latin America since 2015 exceed $130 billion. Meanwhile, political instability and insecurity have compounded longstanding economic challenges in the region. In these conditions, the US urgently needs a new economic engagement strategy that prioritizes broad-based economic development.
Join Hudson for a panel that will examine some of the tools that could help revitalize US investment in the region, including development finance, political risk insurance, and economic innovation zones.
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