Open figure viewer
Significance
US concerns have been growing over China’s increasing presence in Latin America. To date various US initiatives have failed to present an alternative to China’s expanding trade, investment and loans in the region, but the Americas Act contains wide-ranging plans that could deepen economic relations.
Impacts
US investment in the energy sector would accelerate the energy transition and help Latin America meet climate commitments.
Opportunities for Latin America to move up value chains and produce value-added products rather than raw materials will be key.
More formal jobs would boost tax collection and improve social protections for workers.
© Oxford Analytica 2024. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2024
You do not currently have access to this content.
