Kevin Gallagher Article in Latin America Goes Global | Latin American Studies

Kevin Gallagher Article in Latin America Goes Global

The World Bank’s Second Chance in South America

By Kevin Gallagher / October 6, 2015

This week the World Bank holds its annual meeting in Lima, Peru—the first time the Bank’s annual gathering has touched down in South America since 1967. Planned long in advance, the original idea had been to celebrate the region’s return to economic growth.

But now there is little to celebrate in the region, as Latin America’s China-led commodity boom has reached a limit and the region faces sliding growth and growing social and environmental conflict.

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